Fundraising - JANUARY 16, 2014

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

Sign in Start Your Free Trial Now View Purchase Options

Henderson to continue marketing U.K. Shopping Centre fund

by Reg Clodfelter

Henderson Global Investors has decided to extend the marketing period on the UK Shopping Centre Fund past its previous target close of December 31, 2013. The fund initially closed in 2004, but re-opened for investment in 2012. There is currently no target close date, and sources have said it will continue to remain open for investment while opportunities exist. The fund has raised £592 million as of September 2013 and will continue raising funds as long as viable investment opportunities exist.

The core-plus fund will target U.K. retail properties that are prime and/or dominant within their city or regional catchment and have a minimum size of 300,000 square feet. Additionally, they must be well anchored by a major department store with fashion based tenant mix and good car parking or public transport access.

“Consumer spending since the GFC has become that much more

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy