Non-listed real estate vehicles raised EUR 10.5 bn in new capital in 2010, according to the INREV Capital Raising Survey. This marks an increase of 80% on the EUR 6 bn raised a year earlier. A similar amount is expected to be raised in the coming year, Lonneke Löwik, INREV, Director Research and Information, told a press conference at the annual INREV conference currently being held in Venice.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
