AEW Europe and HSBC REIM are vying with Amundi Immobilier, the new EUR 5.2 bn investment management firm created from the merger of CAAM RE and Societe Generale AM, to receive the management mandate for the SCPI investment vehicle, Genepierre. Genepierre has so far been managed by Societe Generale and with around EUR 300 mln of commercial properties, is a major fund in the French real estate market.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
