Robin Marriott

The international property investor is seeking to raise $350m for a US opportunity fund and more than $200m for a vehicle targeting both the US and Europe.

The bank already earns fees from servicing private equity, real estate and infrastructure funds from an office in London, but is now opening in Jersey in a bid to capture more clients.

The Russia-based asset management firm has held a first close for its follow-up real estate fund. The first vehicle raised $130m last year, for which all the capital has been invested. The latest fund is expected to close on $300m in November.

Goldman Sachs is buying a residential community built for wealthy expats in Moscow through a mixture of funds.

Corestate Capital, which was founded by former Cerberus real estate head in Germany, Ralph Winter, is gaining exposure to student accommodation in the country by taking over Frankfurt-listed Alta Fides.

Netherlands-based ING Real Estate has unveiled details of its open ended global fund of funds, Global Osiris, with ambitions to attract as much as €1 billion in capital within 18 months.

Completion of the deal with an enterprise value of €4.5bn comes four months after Italy’s Pirelli Real Estate and RREEF said they were among a quartet of investors buying a 49 percent stake in German department store joint venture.

The Australian firm wants to coral A$ 822 million for Parc d'Activités, which targets industrial property in France. The fund is being seeded with four industrial parks recycled from a Valad joint venture.

Having closed MGPA Europe Fund III in June on $1.3bn, the private equity real estate firm has acquired assets in Greece, Poland and now Italy.

The US private equity firm sees an opportunity in Japan amid moves by major banks to cut their exposure to property, according to a report.