Clarion Partners, a real estate investment manager with €64.1 billion ($71.92 billion) under management, has held the final close of its Clarion Europe Sale-Leaseback Fund III, having raised €552 million ($619 million) of equity. Capital was secured from global investors, including commitments from Europe, the United States, the Middle East and Asia, along with sponsor co-investment.
“Underscoring Clarion’s long-term commitment to delivering strong performance and innovative investment solutions to our clients, this successful fundraise represents another important achievement in the expansion of our European business,” said Rory Buck, managing director and head of investment. “The capital raised provides us with the scale and flexibility to continue executing on one of our highest-conviction strategies in Europe’s most established markets. It underscores the enduring appeal of the European commercial real estate sector and recognition of the performance that ou