LATEST PROPERTY FUNDS NEWS
Regus owner taps third-party capital to grow fund
IWG has been quietly building up a fund to acquire flexible offices for its Regus and Spaces brands.
Cording launches £400m PRS fund
Cording Real Estate Group has launched a £400m private rented sector focused residential investment fund on behalf of European investors.
Schroders buys £17.5m Heathrow industrial estate
Schroders’ Multi-let Industrial Property Unit Trust has bought the Aerodrome Way Industrial Estate, located north-east of Heathrow Airport, for £17.45m from DTZ Investors.
Aviva acquires £73m pre-let Prospero Ansty for Lime Property Fund
Aviva Investors has acquired a pre-let 490,000 sq ft industrial scheme at Prospero Ansty for £73.4m for its Lime Property Fund.
Cheyne Capital closes £600m fund
Cheyne Capital has closed its fifth real estate fund, Cheyne Real Estate Credit (CRECH) Fund V – Opportunistic, at its £600m hard cap.
AEW sells two office assets from UK property fund
AEW UK Core Property Fund has sold two office assets in Uxbridge and Luton for £13.45m reflecting an initial net yield of 6.7% and 4.0% respectively.
L&G seeks to bank £55.5m from RBS portfolio disposal
Fund manager to sell four bank branches and three offices offering strong covenants and long-term income.
