Pan-European real estate investment manager Europa Capital has raised €350 mln in a first close of its new open-ended vehicle, the Europa Diversified Income Fund (EDIF), with seed capital from its principal shareholder, Mitsubishi Estate Co., as well as backing from European and Asian institutional capital.
Listed REITs and banks, British Land, Capital & Regional and Wells Fargo, bought and sold four shopping centres and retail parks this week.
