Expertise, Growth Behind Real Estate Manager Acquisition Push

Irwin Kishner was quoted in Pensions & Investments about the increase in mergers and acquisitions involving real estate asset managers. "I have definitely, this year, seen a substantial pickup of real estate mergers and acquisitions activity," said Kishner, noting interest among large private equity firms to acquire boutique real estate firms to capitalize on investor interest. "It's one-stop shopping. It's ready to go, all nicely wrapped and packaged, and is another service to offer to clients." According to Thomson Reuters data, worldwide real estate M&A has accounted for 9.8 percent of the $2.2 trillion in transactions in 2015 through June 30, up from 8.9 percent of the $1.8 trillion in worldwide M&A in the first half of 2014.