UK REIT Land Securities' wholly-owned subsidiary, Land Securities Capital Markets, has launched and priced a £300 mln (€350 mln) bond with a maturity of 7.5 years, paying a coupon of 4.75% and representing a spread of 103 basis points over the reference gilt rate.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
