Orchard Street Investment Management, representing an unidentified pension fund, has acquired a 34,000-m[sup]2[/sup] industrial real estate asset in the UK for £30 mln (nearly EUR 36 mln). The vendor in the off-market deal is Max Property Group, advised by Prestbury Investments.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
