Partners Group has invested $265m (鈧�238m) in a portfolio of seven real estate assets in the US.
The portfolio, which includes retail, mixed-use and developments, was bought on behalf of clients.
The investment manager said it invested via a secondary transaction, restructuring an existing mature fund.
The 1m sqft portfolio was part of a 2006-vintage programme managed by Madison Marquette.
Fabian Neuenschwander, senior vice-president of private real estate secondaries, said the investment was a 鈥済reat example of the opportunities that can be found in the US secondary market鈥�, due to the number of maturing real estate programmes that require resolution.
鈥淲ith quality assets located in major US metropolitan markets,鈥� he said, 鈥渢his portfolio still has significant value-creation potential and we look forward to unlocking the value of these properties in the coming years through proactive asset management.鈥�
The portfolio includes assets in California and North Carolina and large-scale, mixed-use, waterfront-development projects in Washington DC and New Jersey.
