CBRE Global Investment Partners (CBRE GIP) and Palmer Capital Partners have launched the latest fund in their programmatic venture series targeting value add and opportunistic real estate transactions in the UK.
Launches & Fundraising
Principal Real Estate Europe (Principal), the European real estate investment arm of Principal Global Investors, has launched its first dedicated long income focused European real estate fund (the Fund).
Greystar Real Estate Partners (Greystar), on behalf of its affiliates, has held the final close of Greystar Equity Partners X (GEP X) with aggregate equity commitments of USD2 billion from a diverse group of global institutional investors from North America, Continental Europe and Asia-Pacific.
Swiss Life Asset Managers has launched an open-ended mutual property fund Swiss Life REF (DE) European Living under German law via Swiss Life Kapitalverwaltungsgesellschaft (Swiss Life KVG).
Weinberg Capital Partners (WCP) has raised EUR110 million for the first close of its value-added real estate fund, WREP#3, with French and International institutional investors and is now aiming for a final close at EUR250 million.
Swiss Life Asset Managers has launched the European Thematic Income & Growth Fund, a Luxembourg SICAV structure with a diversified core/core-plus portfolio strategy, which focuses on macro allocation and micro asset selection – as well as nimble asset management – to benefit from opportunities in the rapidly-evolving market environment for real estate.
JP Morgan Asset Management has held the final closing of its Lynstone Special Situations Fund (Lynstone), with USD1.06 billion in capital raised from a broad set of global investors comprising of pension funds, insurance companies, banks, foundations, endowments and family offices across the Americas, Europe, the Middle East and Asia.
AECOM-Canyon Partners today has held the final close of its fund at its hard cap USD500 million in total commitments.
A Burges Salmon team, led by partner Will Woodall, has provided selected specialist real estate and corporate tax advice to LPPI in connection with setting up a Fund to pool the property assets of three public sector pension schemes that it manages.
DTZ Investors (DTZI), a specialist European real estate fund manager, and The Collective, a global co-living platform, have jointly launched an institutional large-scale co-living fund with the aim of raising total equity commitments of up to GBP650 million.