International property fund manager Cordea Savills has launched an open-ended UK commercial property investment vehicle targeting a size of £1 bn (EUR 1.14 bn). The Cordea Savills UK Income and Growth Fund will invest in prime assets offering secure income streams across the main commercial sectors, including office, retail and industrial.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
