Vehicles Universe

a.s.r. is investing over € 100 million in the CBRE Pan European Core Fund. After its earlier investment in the BlackRock Eurozone Core Property Fund, this represents a next step in the diversification of a.s.r.’s international real estate portfolio.

The CBRE Pan European Core Fund’s portfolio focuses on prime retail and office real estate as well as well-located logistics real estate, predominantly in the euro zone. 

The Dutch pension and life insurer has joined the ASR Dutch Core Residential Fund as an investor. The investment amounts to € 100 million. ASR Dutch Core Residential Fund’s portfolio now consists of approximately 5,000 residential units, with approximately € 1.5 billion in invested assets. 
Source: Press Release on 24 September 2019: a.s.r real estate 
 

The size of the European non-listed real estate vehicles universe has surpassed its previous record

Vehicles continue to grow in size  as the average NAV of vehicles in first quarter of 2019 increased to €567.8 million

Round Hill Capital, a leading real estate investment, development and asset management firm

European investment and asset manager Cording Real Estate Group has launched a new investment fund

The average NAV of vehicles increased to €552.3 million, up 11.3% year on year during the course of 2018.

The average NAV of vehicles increased again in Q3 to €534.7 million, up 1.9% from the previous quarter, indicating that’s funds continue to grow in size according to the INREV Vehicles Universe Q3.

LaSalle Investment Management has taken over sole management of the €1.8bn pan-European real estate fund Encore+.
The open-ended core fund had been managed in conjunction with Aviva Investors since its inception in 2006, but in May it was announced that the joint venture would end. As part of the transaction, Aviva Investors also sold its global real estate multi-manager business to LaSalle.

IPE Real Assets – 14 November 2018
 

Tre Kronor Property Investment has acquired a SEK903m (€88m) grocery store portfolio in Sweden from a Brunswick Real Estate fund.
Brunswick Real Estate said it sold the 50-property Grocery Stores Sweden (GSS) portfolio on behalf of Sveafastigheter Fersen II to the listed firm.

IPE Real Assets – 08 November 2018