BMO Real Estate Partners (BMO REP), a pan-European property investment and asset management specialist that is part of Canada’s BMO Financial Group’s GBP216 billion Global Asset Management business, has held the first close for its newly developed UK housing strategy.
Gravis Advisory’s VT Gravis UK Listed Property Fund (GULP), is now available on the Standard Life Elevate and Standard Life Wrap platforms.
A joint venture between Canyon Partners Real Estate (Canyon) and Fore Property (Fore) has invested in the development of 19 South, a 384-unit apartment community in Orlando, Florida.
The Valesco Group (Valesco), a London headquartered European real estate investment and asset manager, backed by Meritz Securities (Meritz), one of the largest South Korean institutional investors, has acquired the Finance Tower, a skyscraper located in Brussels’ CBD for cEUR1.2 billion, from Breevast and ZBG, in an off-market transaction.
Asset and property manager GPEP has teamed with Hamburg-based HansaInvest Hanseatische Investment to launch an institutional fund for discount stores, supermarkets, retail centres and retail parks.
UBS Asset Management’s (UBS-AM) Real Estate & Private Markets (REPM) business Multi-Managers Real Estate (MM-RE) division has been secured a EUR225 million mandate from a German institutional client to invest in unlisted property funds in developed real estate markets worldwide.
AMP Capital has closed its Global Infrastructure Fund II (GIF II) at US$3.4bn. The fund reached final close on 27 December 2019, exceeding its US$3bn target and drawing additional significant co-investment commitments.
Qualified Opportunity Zone (QOZ) funds could take off in 2020 as investors gain greater awareness of the tax benefits and high returns on offer, according to Cresset Capital.
Mirabaud Asset Management has won a large real estate advisory mandate from a leading financial institution in the Middle East. This follows the successful launch of its specialised PE/RE offering (Private Equity/Real Estate) in 2017.
Värde Partners, a global alternative investment firm, has raised its 13th flagship vehicle, Värde Fund XIII, with USD2.47 billion in commitments.