Mike Cobb
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Fund-of-funds hit 8% returns
Non-listed real estate fund-of-funds returned 8%, the highest since 2007 according to research from Inrev.
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Nama ‘to build 20,000 homes’
Irish bad bank Nama will build 20,000 homes by the end of 2020, said Irish finance minister Michael Noonan as he delivered the country’s budget
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L&G offers WC2 stake
Legal & General Property is to put a 25% stake in Central Saint Giles, WC2, up for sale
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Leon takes Broadway space
Restaurant chain Leon has taken a 15-year lease in CBRE Global Investors’ Broadway Shopping Centre in Hammersmith, W6
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Rockspring fund raises £160m
Rockspring has completed a first close of €217.5m (£160m) for its Rockspring TransEuropean VI fund
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Heylo appoints banks to raise £620m
Affordable housing specialist Heylo Housing has appointed two banks to help raise £620m of debt
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AXA hires La Rochefoucauld
AXA Investment Managers has appointed François La Rochefoucauld to its Baytree Logistic Properties subsidiary
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Goodman starts £1bn shed club
Goodman, Canada Pension Plan Investment Board and APG Asset Management have launched a £1bn UK logistics partnership
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Discounts shrink on German fund sales
Discounts on the assets sold by German open-ended funds have fallen to 4% over the first six months of the year, according to research from Cushman & Wakefield.
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Cash magnets – eight of the biggest investors
Capital, everyone will tell you, is not hard to come by right now. According to capital-raising agents, the global real estate market probably has more investors looking to inject equity…
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Erol-Aziz joins Credit Suisse lending team
Credit Suisse has added Sinem Erol-Aziz to its real estate lending team to assist with the underwriting of new business
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QIA goes cold on Europe
Qatar Investment Authority has begun an internal review that is expected to lessen its focus on the UK and France