LATEST PROPERTY FUNDS NEWS
End of the road for property funds?
Editor: The article ‘All eyes on Aegon after Aviva winds up UK property fund’ turned out to be an accurate prediction as Aegon has now announced the closure of its funds, also covered by Property Week.
GLP expands European fund to target £3.4bn of assets
GLP is set to grow GLP Continental Europe Development Partners I (GLP CDP I) fund and is now targeting €4bn (£3.4bn) of assets under management (AUM).
All eyes on Aegon after Aviva winds up UK property fund
The decision to close vehicle ‘consistent with simplification strategy and focus on innovative, scalable solutions’.
Lofti platform lands £1m funding
Cloud-based property management platform Lofti has secured £1m of funding from Taiwanese family office fund WoodJC.
Greystar raises €725m for pan-European residential fund
Greystar Europe Investment Management has raised €725m (£623m) for its flagship pan-European residential fund.
Clearbell sells Berkshire warehouse site
Clearbell Property Partners III has sold a 116,000 sq ft warehouse site at Thatcham Park, Berkshire, to NFU Mutual Insurance Society (NFUM) for £24.95m.
Cain International raises €324m for first European real estate fund
Jonathan Goldstein’s investment firm Cain International has raised €324m (£279m) following the close of its European Real Estate Opportunity Fund I.
