IVG Private Funds has created a closed-end fund for the European headquarters of Hermes Logistics Group in the fund manager's first structured private placement. IVG has retained a long-term minority interest in the building and will be responsible for the commercial management of the property and asset management. The financial details were not disclosed.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
