Capital & Regional, the co-investing property asset manager, has announced it is seeking to raise around £65 mln (EUR 73 mln) in new equity for its Junction fund. Under the terms of the transaction AREA Property Partners, formerly Apollo Real Estate, is proposing to provide the bulk of the funds - £50 mln - with the balance to be subscribed by a number of existing unit holders.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
