Swiss alternative asset manager Partners Group said it has raised EUR 275 mln for a new fund targeting distressed properties in emerging markets worldwide. The Global Real Estate 2008 vehicle, which is already 40%-invested, has completed its first acquisition with the purchase of eight properties in China at a 50% discount to the estimated market value.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
