Invesco Real Estate has raised EUR 85 mln of equity from four institutional investors in the first close of its second pan-European hotel fund. IRE said the addition of 'conservative debt' provides EUR 170 mln of initial capital. Further closings are planned over the next 12 months.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
