Aberdeen Asset Management has launched a second residential fund for institutional investors in the space of two months. The new Spezialfonds will target residential assets in Germany and has some EUR 100 mln in seed money. In August, Aberdeen announced that its Swedish residential fund had received some EUR 115 mln in commitments from institutional investors at its first close.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
