Robin Marriott
European non-listed real estate funds `struggled` to invest equity in 2007, with opportunity funds hit hardest.
The US firm is to go on the fundraising trail to acquire up to €5 billion of real estate in Europe.
The New York-based hedge fund targets private equity and real estate opportunities in Turkey and the surrounding region.
Cordea Savills, the international property fund manager, intends to launch a Turkish opportunistic vehicle to capture mainly retail and residential development projects.
The open-ended core European vehicle, Encore+, has made €800 million ($1.2 billion) of acquisitions since launching in June 2006.
The New York –based investor, which recently raised $1.4 billion for a dedicated European fund, has teamed with a Romanian developer and asset manager to construct a 115,000 square meter business park in Kiev.
Dennis Lopez, head of real estate at asset-backed shop Cambridge Place, has joined an emerging markets firm owned by India's Khemka family.
Europe's association for unlisted funds wants to expand its remit to Asia because of interest in the region from European institutional investors.
The European private equity firm has stormed into Sweden’s renewable energy sector with a deal to finance and take an equity stake in the country's largest onshore wind farm development, Havsnas.
The European private equity firm has stormed into Sweden’s renewable energy sector with a deal to finance and take an equity stake in the country's largest onshore wind farm development Havsnas.