Despite nervousness in the financial markets, UK pooled property funds (PPFs) continue to attract new investment, according to the Association of Real Estate Funds (AREF). AREF, which recently published its Investment Quarterly for Q3 2007, said that over £800 mln was raised in Q3 with increased inflows from existing pooled property fund investors accounting for a large proportion of the total.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
