Publications

Fundraising - JULY 25, 2016

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

Sign in Start Your Free Trial Now View Purchase Options

TH Real Estate holds €500m first close

by Andrea Waitrovich

TH Real Estate has completed a first close of €500 million ($549 million) for its European Cities Fund.

 “This strong first capital raise is testament to the fact that investors are looking beyond short-term uncertainty and still see value in long-term defensive strategies backed by demographic megatrends, driving growth in successful cites,” said Andrew Rich, European cities fund manager, in a statement. “TH Real Estate has faith in the underlying fundamentals of the U.K. and European real estate markets that will remain attractive to investors over the long-term.”

With leverage, the European diversified core, open-ended fund will target a portfolio amount of approximately €700 million ($768 million) from this initial capital.

TH Real Estate’s European Cities Fund is a city–based real estate strategy, underpinned by long–term, structural trends, which seeks to provide investors with diversified

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