Fundraising - JANUARY 16, 2014

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Henderson extends fundraising on U.K. Industrial Fund

by Reg Clodfelter

Henderson Global Investors has extended the fundraising period on its Henderson U.K. Industrial Fund and will now be receiving commitments until Dec. 31, 2014. The fund, which is a partnership between Henderson and Centurion Properties, is still targeting £100 million ($164 million) in fundraising from investors.

The core/core-plus fund is focused on multi-tenant industrial assets that offer diversified short- to medium-term income streams in locations with sustainable tenant demand and underlying land value.

The fund targets institutional investors with a bias toward the private wealth and family office space, and expects an IRR of 8.5 percent over the five-year life of the fund.

“The events of the last few years mean that many of the player

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