Real estate fund manager Genesta has raised €334 million at the first close of its third Nordic value-add property vehicle.
BlackRock Real Assets has acquired a pan-European hostel portfolio as part of a €100 million joint-venture with Amistat International, a market-leading hostel operator.
AEW has been awarded a new separate account mandate from a German insurance group for the establishment of a German core logistics portfolio.
Greystar Real Estate Partners is planning to raise £750 million (€849 million) for its first UK built-to-rent fund.
Warburg-HIH Invest Real Estate is launching another open-ended special AIF. Called “Deutschland Selektiv Immobilien Invest II”, the investment fund is intended to invest in core / core+ office properties in selected fast-growing cities in Germany.