Robin Marriott

The New York- and Toronto-based firm has revealed its new global business line will be called IDI Gazeley, with a portfolio measuring 58 million square feet.

The London-based firm has reached £120 million in a first close of a fund targeting property and property-backed operating businesses targeting niche real estate sectors.

The Canadian pension plan has taken a 15 percent stake in the €1 billion owner and developer of shopping centers in the Nordic and Baltic regions.

The Project Tower portfolio acquired by the New York firm contains loans backed by assets mainly in Ireland, the UK and Germany.

Copenhagen-based Nordic Real Estate Partners is nearly half-way towards raising €325 million for a fund targeting value added returns from modern logistics, necessity retail and residential property in the region.

Dutch-owned asset manager is scouting secondary investments that larger investors ‘often overlook’.

Pluto Finance, the London-based provider of stretch-senior loans for residential developments has won investment from The Blackstone Group’s Tactical Opportunities business and Clearbell Capital.

Wessal Capital’s first investment is a €530 million project to transform Casablanca’s port. The private equity-style vehicle’ is backed by state investment funds of Morocco, the United Arab Emirates, State of Kuwait, Qatar and Saudi Arabia.

The New York-based firm has closed its fourth European opportunity real estate fund - the largest of its type ever raised in the region.

While some investment managers continue to thrash out ideas to rework the traditional fund model, other folk at this week’s MIPIM paid more attention to fresh and innovative methods of matching capital with deals.