AXA Investment Managers – Real Assets (AXA IM – Real Assets), a global leader in real asset investments, has now raised more than €1 billion ($1.17 billion) for its AXA CoRE Europe Fund since the fund launched in March 2016 with €500 million of commitments.
AXA CoRE Europe is a pan-European open-ended real estate fund that seeks to provide institutional investors with long-term stable income through the acquisition of core European real estate assets by capitalizing on individual market dynamics and timing. Over the long term, AXA IM – Real Assets aims to grow AXA CoRE Europe steadily into a flagship European open-ended fund.
The commitments have been received from investors across Europe, North America and Japan, including 23 third-party clients.
“From the strong demand we have received from a large pool of significant institutional investors on both sides of the Atlantic and also from Asia we can see continued momentum for investment into AXA CoRE