Fundraising momentum maintained through summer
Six funds launched in August.
The largest fund to launch was the London Serviced Office for Income Fund, managed by Office Space in Town. The fund will pool the company’s four London freeholds at Waterloo, New Broad Street, St Paul’s and Monument.
The fund has a value of £160 million (€189 million); there is a potential for new investments in the fund to reach £500 million (€587 million). OSiT will be the cor-nerstone investor.
PATRIZIA Immobilien AG launched its first pan-Euro-pean logistics real estate fund with a target volume of €500 million and acquired its first properties in France, Belgium, the Netherlands and Germany — a total of 13 properties over an aggregate 250,000 square metres.
Quantum Immobilien AG launched a new German resi-dential Spezialfonds, Habitare II, with a €500 million fundraising target. The fund will have a core strategy and will invest in residential property in German metropolitan regions where there is a dema