Munich-based fund manager Real IS aims to step up real estate acquisitions in France on behalf of institutional clients and plans to set up a new core fund exclusively targeting properties in Paris for this client group, CEO Jochen Schenk told PropertyEU in an interview. He declined to be specific on timing, but said he expected to get the new ‘spezialfonds’ off the ground in the next 12 to 24 months.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
