AXA REIM to launch three pan-European funds

AXA Real Estate Investment Managers has unveiled plans to launch three new pan-European investment vehicles in an attempt to take advantage of investors' renewed appetite for real estate. The asset manager is raising equity for two opportunistic funds, DV III and Real Estate Alpha Plus, while in the second part of the year the group will be launching a pan-European core property vehicle. The company hopes to raise EUR 400-600 mln for each fund.

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