Investment bank KBC Peel Hunt has raised £247 mln for London & Stamford Property, a new property investment company that is listing on AIM this week. The bank said the listing will be one of the largest real estate flotations on London's equity markets so far this year, despite the challenging conditions in the global real estate market. KBCPH has raised a total £578 mln for the property sector so far this year.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
