The INVL Sustainable Timberland and Farmland Fund II (STAFF II) has successfully raised a further EUR18.5 million via a second offering, reaching a size of EUR51 million towards its overall EUR100 million target. In its initial offering, the fund raised EUR32.45 million.
Launches & Fundraising
AMPÈRE Gestion, a subsidiary of CDC Habitat, has launched a new residential real estate fund, with an initial portfolio of 8,000 units, worth approximately EUR2.5 billion.
Principal Real Estate has reached the final investor close for its first closed-end fund dedicated to developing and acquiring data centres in the United States.
Greystar announces EUR725m close for flagship pan-European closed-end value-add residential strategy
Greystar Europe Investment Management has closed EUR725 million in equity commitments for its flagship pan-European value-add discretionary vehicle.
Township Capital has participated as lead investor in Epic Investment Services' (Epic) second closing of its US Multifamily Fund LP I with USD60 million of equity commitments.
The closed-ended i2 fund, which acquires and refurbishes underutilised workspace properties in London and was launched in 2017 by investment manager and developer Fabrix, is on course to deliver a 16 per cent internal rate of return on a seven-year average hold period.
Capitalica Asset Management (Capitalica), a real estate investment management firm, has launched Capitalica Green Logistics Fund (Fund), which intends to invest in already built and stable income-generating sustainable and ESG compliant logistics properties in the Baltic region.
Gravis Advisory Limited, a subsidiary of infrastructure and real estate investment specialist Gravis Capital Management Limited, has launched the VT Gravis Digital Infrastructure Income Fund (DIIF), the firm’s fourth OEIC and a unique addition to its existing range.
Peakside Capital Advisors AG (Peakside) has, in a second closing round, locked in more than EUR120 million of additional equity commitments for its Peakside Real Estate Fund IV (PREF IV).
KKR has launched KKR Real Estate Select Trust Inc, a continuously offered, registered closed-end fund.