Land Securities has raised more than £1bn for its infrastructure fund despite turmoil in the financial markets. Daily Telegraph

The company said it had successfully closed the fundraising for its Trillium PPP Investment Partners vehicle which aims to invest in government and private infrastructure developments across the UK.

Land had intended to own 15% of the fund but because of an additional commitment of £213m reduced its holding to 10%. The total value of the fund stands at £1.14bn.