By David Parsley2018-09-11T08:02:00
Patrizia has raised €182m (£162m) at the first close of its fifth multi managers fund, PMM Global V.
The fund, which has a target of €700m, will invest in global real estate through funds, club deals, joint ventures and co-investments. The fund has already completed its first investment, an office investment in Hong Kong with an existing Asian partner with a successful track record.
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