GreenOak Real Estate has plans to launch a $1.1 billion fund to invest in European properties such as warehouses, offices and homes, according to Bloomberg News, citing people familiar with the matter.
Fundraising will begin during first quarter 2019. The fund would have a similar focus to its predecessor, GreenOak Europe Fund II, which closed in April 2018 with a total €656 million ($798 million) of equity commitments and exceeding its target of €500 million ($609 million).
