Savills IM buys 125 Shaftesbury Avenue as it prepares fund launch next year

Almancatar 125 Shaftesbury Avenue

Savills Investment Management completed the purchase of 125 Shaftesbury Avenue for £267m from Almacantar and is set to launch a new fund on behalf of Korean institutional investors next year.

Savills IM and Vestas Investment Management are a preparing to launch a discretionary fund for Korean institutional investors to buy European logistics and office properties in Q1 2019.

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