LATEST PROPERTY FUNDS NEWS
JP Morgan Asset Management has raised €1.18bn (£1.6m) for its European Opportunistic Property Fund IV - exceeding its fundraising target by 47%.
Impact Healthcare REIT has postponed plans to raise £150m of fresh equity after deciding not to proceed with the acquisition of a 2,500 bed care home portfolio.
Long income specialist LXi REIT has posted a 4.95% growth in EPRA NAV per share to 113p in half-year results to the end of September.
Centurion Corporation has established its second private fund which will focus on acquiring and managing purpose built student accommodation (PBSA) across the world.
Clearbell Capital has sold its Maidenhead office building, Voyager Place, to a local authority for £31m representing a 5.25% net initial yield.
Fabrix Capital has raised a further £25m from three family office groups for its second fund.
Aberdeen Standard Investment (ASI) has committed to investing €2bn (£1.8bn) into residential property by 2022.