LATEST PROPERTY FUNDS NEWS
The Investment Association has split its definition of property sector funds into two – ‘UK direct property’ and ‘property other’.
New York State Common Retirement Fund (NYSCRF) has committed a further $500m (€373m) in two real estate funds managed by Blackstone and Prologis
First Property Group has reported an 11% rise in net asset value in its annual result this morning.
VT RM Alternative Income Fund (RMAI), an actively managed open-ended fund investing in defensive, income producing alternative assets has launched today, managed by RM Funds, the specialist alternative investment manager.
Flexible workspace provider The Office Group has let the final 40,000 sq ft of space at One Lyric Square, Schroder UK Real Estate Fund’s 101,000 sq ft Grade A office building in Hammersmith, London.
Valor Real Estate Partners has launched its second fund with AIG Global Real Estate, Valor Industrial Partners 2 (VIP2), which has £300m purchasing power including leverage.
Arlington has launched a £400m student accommodation fund with Rothschild as the lead advisor.