BNP Paribas REIM and a number of German Institutional Investors, mainly pension funds, have committed €200 mln to the latest closing of the Catella European Residential III Fund, one of Europe’s largest cross-border residential investment vehicles, taking its total capital raised to more than €1.2 bn.
A 4-acre, freehold site at Kings Cross in the capital’s Knowledge Quarter is expected to attract international interest.
