LATEST PROPERTY FUNDS NEWS
Valesco gears up for major post-election spending spree
Fund manager identifies pipeline of UK acquisitions ranging from £100m to more than £1bn
Performance of unlisted retail funds took a nosedive in 2019
British Land’s Hercules Unit Trust is worst performer in MSCI/AREF index with a return of -34.3% last year.
Schroders raises €300m in first close of debut hotel fund
Schroders has raised €300m (£255m) in the first closing of its debut hotel fund, the Schroder European Operating Hotel Fund I.
BMO Real Estate targets £500m for UK housing strategy fund
BMO Real Estate Partners (BMO REP) has completed the first close of its UK housing strategy fund, the BMO UK Housing Fund.
European funds’ exposure to UK property halves
The weighting of pan-European property funds to UK property has almost halved since the Brexit vote, reveals data from MSCI’s Pan-European Property Fund Index (PEPFI).
Watkin Jones shelves plan to create BTR fund
Developer says investor demand is so strong that it does not need its own vehicle
Record number of real estate funds in the market
A record number of real estate funds are currently raising money after fundraising hit a new high in 2019.
