Mailbox REIT is to become the first commercial property asset, owned by a single company, to list on the International Property Securities Exchange (IPSX) in London.
NREP has raised EUR1.9 billion for its ‘Nordic Strategies Fund IV’ to address underserved real estate segments across the Nordics, with a main focus on various forms of customer-centric residential rental properties, care homes and modern logistics.
Fifth Wall, a venture capital firm focused on real estate technology, has partnered with BNP Paribas Real Estate to launch its business in Europe with the Fifth Wall Real Estate Technology European Fund, the firm's first European Proptech fund.
Fixed income investment manager PIMCO has officially assumed the leadership and oversight of Allianz Real Estate – a global commercial real estate investment business.
EQT has held the final close of the EQT Real Estate II fund at its hard cap of EUR1 billion in fee-paying assets under management.
By Jonathan Gilbert, Investment Partner at Hartnell Taylor Cook – For decades, London property has been an attractive prospect for both domestic and overseas investors. Whilst the oversea investment in residential property has always been well established in London, in the last 15 to 20 years, there has been a shift to also incorporate commercial assets.
Destination Capital, KTBST SEC and MFC parter to launch private equity trust to invest in hotels in Thailand
Destination Capital has signed an agreement with KTB Securities (Thailand) Public Company Limited (KTBST SEC) and MFC Asset Management Public Company Limited (MFC) to capitalise and launch the DESCAP 1 Private Equity Trust, which will acquire hotels in Thailand targeting investor returns of up to 15 per cent per year with a 5–7 year holding period.
Private investor clients of Connection Capital, a specialist private client investment business, have signalled that they see opportunity in taking a contrarian view on UK property investment, by participating in a regional property growth fund, as dislocation creates a “buyer’s market”.
Savills has become the latest approved valuer to join IPSX, the International Property Securities Exchange, which operates a regulated securities exchange dedicated to commercial property.
Aukera Real Estate AG (Aukera), an independent, owner-managed investment boutique based in Oberhausen, has held the first closing of its real estate debt fund with capital commitments of EUR275 million.