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).
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
