Funds weigh sale of €4B rental portfolios amid market shift

Major real estate funds including Blackstone, Cerberus, Greystar, and Ares are considering selling rental property portfolios worth €4 billion, held across various Socimis. This signals a potential rotation in European real estate holdings, likely driven by changing interest rate expectations or regulatory pressures. The scale suggests a notable shift in institutional positioning, though the outcome remains uncertain.