Kildare Partners on Friday paid £70m for the assets of Invesco Property Income Trust, its third deal in just a month.
The fund – set up by Ellis Short, the chairman of Sunderland football club – earlier this month paid £200m to buy shops and properties in the UK from RevCap and Oval Real Estate. Late last month it paid £260m for 27 UK properties owned by Karlin Real Estate.
Kildare Partners has spent around £2.4bn since it was launched about a year ago. Having spent the £2bn it raised initially, the fund has sold some of its early purchases, including two German hotels.