LA-based firm Karlin Real Estate opened a London office with a war chest of $1bn to invest in Europe. The company said it was targeting commercial real estate assets through its debt and equity platforms.
The real estate investment arm of Karlin Asset Management marked its entry into the European market in August 2013 with the £16m acquisition of an office building in Peterborough.
Karlin added a 400,000 sq ft West Midlands shed leased to Jaguar Land Rover and 40,000 sq ft office building leased to The Paragon Group of Companies to the portfolio, in deals totalling £18m.
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