Knight Frank Investment Management’s Long Income Property Unit Trust (KFIM LIPUT) has successfully concluded a further close, raising circa GBP150 million of new equity in addition to the cGBP840 million raised since the Fund’s launch in February 2016.
Launches & Fundraising
Pictet Alternative Advisors SA (PAA), the Pictet Group’s wholly-owned alternative investment firm, has closed its first direct real estate fund, Elevation I, at its hard cap of EUR700 million.
New York Life Investments partners with CBRE to add global infrastructure and real estate strategies to fund family
New York Life Investments is bringing additional alternative investment funds into its MainStay Fund lineup through a strategic partnership with CBRE Global Investors.
DN Capital, a real estate investor and operator founded by David Nourani, is collaborating with Alpamint Capital to launch its second London property fund, DN Capital Fund II.
Building and project consultancy Paragon has launched a green investment service to help funds set and attain specific environmental targets.
Lincolnshire Co-op’s GBP70m redevelopment of The Cornhill Quarter has attracted three major fashion retailers, Phase 8, Whistles and Hobbs, to its mixed used scheme in the centre of Lincoln.
TD Asset Management (TDAM) has launched its latest alternative investment solution, the TD Greystone Global Real Estate Fund.
Boutique real estate investment firm Optimum Asset Management, has launched its fourth German real estate fund.
Proptech VC, Pi Labs, has held the first close of its third Fund (Fund 3) at USD23 million. The fund which is expects to be fully raised by the end of 2020, is targeting USD75 million.
Digital wealth manager, Syfe, has launched the REIT+ portfolio, a first-of-its-kind initiative that allows anyone in Singapore to start risk-managed investing in Singapore real estate with no minimum investment.