Publications

BMO Real Estate Partners brings new European residential fund to market
Fundraising - MARCH 28, 2022

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

BMO Real Estate Partners brings new European residential fund to market

by Kali Persall

BMO Real Estate Partners (BMO REP), the pan-European property investment and asset management specialist arm of BMO Global Asset Management, has launched a new residential fund in Europe.

The BMO Europe Residential FCP-RAIF (BMO Europe Residential Fund), which is classified an Article 8 Fund under the EU Sustainable Finance Disclosure Regulation (SFDR), will invest in mid-market and affordable residential real estate as well as senior living in metropolitan regions and major cities in Germany, France, the Netherlands, Austria, Italy and Spain.

The fund will have a target investment volume of €800 million ($878 million).

In conjunction with the launch, the BMO Europe Residential Fund has made its first acquisition — a six-story, 5,600-square-meter (60,277-square-foot) property in The Hague. The asset was originally built in 1983 as an office and commercial building, and was converted into a residential building during the past two years.

“We are deli

Forgot your username or password?