Publications

- June 1, 2016: Vol. 10, Number 06

To read this full article you need to be subscribed to Institutional Real Estate Europe

Two megafunds launched in April

by Andrea Waitrovich

Kildare Partners launched Kildare European Partners II and is seeking to raise €1.75 billion for the fund. The fund will invest in distressed real estate debt and is expecting to hold a first close of approximately €1.3 billion in mid-May.

While Kildare European Partners I focused primarily on UK assets, Partners II will branch out to Germany, the Netherlands, Portugal and Italy as well as the United Kingdom.

Aberdeen Asset Management started marketing a German Urbanisation Property Fund, securing €150 million of commitments and with the aim of growing the fund to €1.5 billion.

Other fund launches in April included Omni Partners’ third UK real estate debt fund, with a €349 million fundraising target; it has raised €52 million thus far.

Another debt fund that launched is GreenOak Europe Tactical Lending Fund, managed by GreenOak Real Estate, with a €300 million target. The fund will also invest directly in CBD office, logistics, multifamily

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?