American Real Estate Partners (AREP) has secured $309m in capital commitments for its fourth fund.
The real estate fund manager said 80% of the capital raised for AREP Strategic Opportunity Fund IV will be allocated to expanding PowerHouse, AREP’s data centre platform.
Brian Katz, president and co-founder of AREP, said: “This $309m raise signals both tremendous growth and a bold shift in AREP’s capacity to scale and lead. The pivot into data centres and digital infrastructure is the result of our team’s deliberate, long-term strategy to invest in sectors that drive tomorrow’s economy.
”Our approach didn’t just follow industry trends—it helped reshape them. As a top five data centre developer and rising industry force, we’ve built a platform for sustainable growth that stays ahead of market demand. From data centres powering the digital landscape to modern, high-demand residential communities, we’ve consistently anticipated where the market is headed.”
AREP specialises in data centre, residential, industrial and office assets.
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