Norwegian real estate private equity group Union is targeting a fund size of NOK 3 bn (€260 mln) for its first commercial real estate debt fund, Union Real Estate Credit 1 (UREC), according to managing director and fund director Christoffer Hæhre.
Royal London Asset Management Property and logistics development specialist Scannell Properties have acquired a 13.3 hectare site in Tunbridge Wells, Kent.
