London-based Pramerica Real Estate Investors announced on Friday that it has received the investment adviser mandate for the UBS Secure Income Property Fund, a role currently performed by UBS Global Asset Management. Pramerica, the European arm of US investment group Prudential Financial, will become the investment adviser to the fund, which will be renamed the Pramerica UK Ground Lease Fund.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
