Property firm GE Real Estate said it has made a $50 mln (EUR 35 mln) investment in Heitman Russia Property Partners, a new fund that will have $150 mln in equity. Along with GE Real Estate and two other institutional investors, fund manager Heitman is also taking a sponsor equity stake.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
