Harrison Street Real Estate Capital, a Chicago-based real estate private equity firm, has launched Harrison Street European Property Partners II, the second fund in its European Property Partners series. The firm did not comment on its fundraising efforts.
Harrison Street European Property Partners II opened earlier this month and will target opportunistic property types. The new fund will target the acquisition and development of student housing properties throughout Europe, including France, Germany, Ireland, Netherlands, Spain and the United Kingdom. The fund has a €300 million ($353 million) to €400 million ($470 million) fundraising target with a €500 million ($588 million) maximum. The fund is expected to hold a final close at the end of 2018.
The first fund in the European property partners series, Harrison Street European Property Partners I, is fully invested at €230 million ($271 million) across 13 assets with 5,200 beds.
In March, Harrison St
