French fund manager AXA Real Estate Investment Managers (AXA REIM) has said it expects to invest a record EUR 6.3 bn this year, demonstrating that it is not doom and gloom in Europe's property market. The planned volume represents an increase of 15% on the EUR 5.7 bn volume last year.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
