Global private equity firm Carlyle said on Tuesday that it has raised equity of EUR 2.2bn for the third closing of its European real estate fund, Carlyle Europe Real Estate Partners III (CEREP III). The raised equity far exceeded the initial target of EUR 1.5bn, underscoring the ongoing strong demand for pan-European real estate investment vehicles, Carlyle said. It added that the fund has already committed to EUR 715mln worth of acquisitions across 10 assets.
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