UBS Asset Management has won a mandate from an unnamed “major” German institutional client to invest in unlisted property funds in developed real estate markets worldwide.
Asset management firm Barings has bought a portfolio of ten supermarkets in Spain, all fully let to French multinational Carrefour, as it moves to access the country’s “resilient” grocery retail market.
Nearly 40% of assets under management in the EU funds industry is made up of alternative investment funds (AIFs), latest figures show.
An office supply shortage in Barcelona is one of the key drivers cited for a real estate investment by Mitsubishi Estate London and real estate investment manager Europa Capital.
Equities ended last year on a high after the general election result boosted UK investor confidence. Real estate funds, however, suffered the worst year on record for flows.
Aviva Investors has acquired a property portfolio in the centre of Copenhagen – a city that is home to “hundreds” of tech firms.
PGIM Real Estate has acquired an office building in Berlin’s central business district for an undisclosed price.
Baytree Logistics Properties – the pan-European logistics and industrial development platform of Axa Investment Managers Real Assets – has appointed Philippe Rouge as head of France.
Real estate asset manager AEW has bought an office building in the central business district of Brussels where low vacancy is driving rents up.
London-based Aviva Investors has acquired an office building in the centre of Amsterdam on behalf of one of its mandates for an undisclosed sum.
