Invesco

Invesco targets US commercial property with fourth fund

The real estate arm of global fund manager Invesco has launched a fourth fund investing European institutional capital in repriced US commercial property, after raising US$120 million. The Luxembourg-domiciled fund raised the equity from four institutional investors, including two investors from Germany's MEAG Munich ERGO AssetManagement GmbH (MEAG). A first acquisition is expected shortly, Invesco...

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