The Association of Real Estate Funds (AREF), the representative body for UK unlisted commercial real estate funds, has expanded it membership with the addition of Connaught Asset Management’s Diversified Strategic Land fund and eight affiliate members. This brings AREF’s membership to a total of 70 funds, representing £22 bn in net asset value (EUR 25.6 bn).
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
