Benson Elliot Capital Management, the UK-based private equity fund manager, has announced the final close of its pan-European fund Benson Elliot Real Estate Partners IV (BEREP IV). The fund will have over €700 mln of available equity, including more than €75 mln of co-investment which has been earmarked for the fund, according to its founder and managing partner Marc Mogull.
German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
