Summit Germany, an AIM-listed company that owns 76 German properties, has raised €150m (£101m). The Times
A rights issue priced at €1.25 a share will give it the financial power with borrowings to buy €580m of assets in deals that it has in the pipeline.
Knight Frank has reported a dip in both turnover and profits in annual results.
Global industrial real estate funds are expected to raise in 2019, which would be a leap of 120% compared with $2.9bn in 2018, according to Cambridge Associates.
Stenprop has acquired two industrial estates in Glasgow and Wolverhampton in separate transactions for £7.1m.
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