Westfield Group, the Australian retail property investor, has announced it is setting up a £530 mln (EUR 783 mln) wholesale fund to own interests in four Westfield shopping centres in the UK with a gross value of over £2.1 bn (EUR 3.1 bn).
Singapore's Mapletree Investments has acquired 31 student housing assets in the UK and Germany from Cuscaden Peak Investments for £1 bn (€1.2 bn).
