Capital & Regional, the co-investing property asset manager, has announced that its 19.4%-controlled X-Leisure Unit Trust is planning to raise around £50 mln (EUR 57 mln) through a heavily discounted offer to existing unit holders. The new units are being offered at a price of 10p, representing a discount of 72.5% to the unit price at end-March of 36.4p.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
