LISTEN: MIPIM 2018: With global real estate broadly considered to be “late cycle”, one of the sector’s biggest fund managers, TH Real Estate, is steadily upping its exposure to the debt market.
The company has held a first close of its second UK debt fund of close to £500m.
EG spoke to head of TH Real Estate’s Mike Sales about why his firm saw moving from equity to debt as more defensive, replicating its European core fund in Asia, and how his exercise regime was going down in Cannes.
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