Germany's 45 open-ended property funds raised EUR 1 bn in new equity in February, bringing total fund capital to EUR 89.4 bn, according to the latest figures from German fund industry body BVI. This compares with a total of EUR 88.3 bn at end-January and EUR 85.4 bn a year ago.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
