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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 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).
The decision to close vehicle ‘consistent with simplification strategy and focus on innovative, scalable solutions’.
Cloud-based property management platform Lofti has secured £1m of funding from Taiwanese family office fund WoodJC.
Greystar Europe Investment Management has raised €725m (£623m) for its flagship pan-European residential fund.
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.
Jonathan Goldstein’s investment firm Cain International has raised €324m (£279m) following the close of its European Real Estate Opportunity Fund I.
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