Heitman holds first close of its European value fund
Global real estate investment management firm Heitman has announced the first close of its European value fund. The fund has a target fund size of EUR350 million and aims to aggregate a property portfolio with a focus on the alternative property sectors across Western Europe including opportunities in self-storage, rented-residential, senior housing, and student housing. Shortly after the closing, the fund made its first investment in a self-storage portfolio in the UK. ‘We are pleased with the closing of this...