Home REIT, the under-pressure UK property company specialising in housing for homeless people, has voiced its dismay after JLL provided its professional view on an updated valuation of 2,391 properties which shows values are worth less than half of what it paid for them.
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.
