Custodian Property Income REIT (CREI) now has a rival looking to usurp its position as partner to abrdn Property Income Trust (API) as the listed UK property sector looks set for a tug of war.
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.
