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AIG markets next European real estate fund
Fundraising - MARCH 25, 2019

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AIG markets next European real estate fund

by Jody Barhanovich

AIG Global Real Estate has launched its next real estate fund, according to a filing with the SEC. The firm did not comment on its fundraising efforts.

The fund, AIGGRE Europe Real Estate Fund II, will invest in real estate properties throughout Europe, targeting Eastern European commercial markets. According to the filing, the fund has raised €589 million ($522 million) so far, and is seeking €1.017 billion ($900 million) in total.

In additional fundraising, AIG is also raising capital for its U.S. real estate fund, AIGGRE US Real Estate Fund I. The fund will invest in a broad range of assets, including multifamily development, value-add multifamily properties, residential condominiums, hospitality, retail, student housing developments, senior and affordable housing.

AIG Gl

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