Real estate investor and manager, Cromwell Property Group (Cromwell) is partnering with sustainable real asset manager Dasos Capital (Dasos) to establish a pan-European, wooden building property fund.
Launches & Fundraising
Owner-managed investment management group KINGSTONE Real Estate has launched the KINGSTONE Bavaria Süd fund as an institutional investment vehicle specially for Sparkasse Rosenheim-Bad Aibling, the savings bank based in the southern German city of Rosenheim.
KKR has held the final closing of KKR Real Estate Partners Europe II (REPE II), a USD2.2 billion fund dedicated to value-add and opportunistic real estate investments in Western Europe.
Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, has held the final close of the Land Degradation Neutrality Fund (LDN Fund), an impact investment fund that invests in profit-generating sustainable land use and land restoration projects in developing countries.
Mesirow has completed a successful capital raise for the Mesirow Financial Real Estate Value Fund IV, the latest in the firm’s series of risk-balanced, multi-family value-added investing opportunities.
Dorr Capital has launched RealAlt Investments, a mortgage fund giving Canadians the opportunity to invest in real estate and diversify their investment portfolio.
IMMO Capital launches first European Single Family Residential (SFR) portfolio to retail investors through the Exporo platform
IMMO Capital, a tech-enabled end-to-end platform for residential investment management, has become the first Single Family Residential (SFR) specialist to provide a portfolio of single unit assets to retail investors.
GLP has announced a strategic expansion in size and scope of GLP Continental Europe Development Partners I (GLP CDP I). GLP and its partners Canada Pension Plan Investment Board (CPP Investments) through its wholly owned subsidiary, CPP Investment Board Europe, and QuadReal Property Group (QuadReal) have agreed to expand the investment capacity of GLP CDP I, and are now targeting EUR4 billion of assets under management (AUM) (~USD4.9 billion) upon stabilisation.
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.
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.