Robin Marriott
The UK property company has tapped investors including Victoria Funds Management Corporation of Australia for Trillium PPP Investment Partners which gives investors exposure to public private partnership contracts in the UK.
The fund management arm of listed British property services firm Colliers CRE is beefing up its senior executive team in advance of a number of fund launches next year.
Director of retail property at the firm says he is still confident the vehicle can clear its 9 percent annual IRR hurdle.
INREV, the European Association for Investors in Non-Listed Real Estate, has set up a database for the first time charting the growth, strategy and target regions in the expanding fund of funds sector.
The central Asian country, which gained independence from the USSR in 1990, will add to its newly built capital city a major mixed use project, backed by a Middle East venture.
The London-based firm is attempting to capture demand for premises from local and international retailers as well as the Nordic region’s spending power.
The investment bank is gearing to close its first pan-European property fund, looking to raise 1bn.
INREV says the termination of ’first generation funds’ will release €49.5bn of real estate into the market in 2009 and 2010.
The European firm is priming for greater activity in the Nordic region and Baltic states by hiring three real estate pros and opening an office in Stockholm.
The Stockholm-based fund manager has become the latest to announce a Russia-focused vehicle aiming to exploit refurbishment and value added opportunities, as well as forward funding deals and joint ventures with developers.