Institutional Funds

France

Savills IM Advises German Pension Fund on French and Italian Acquisitions

Savills Investment Management (Savills IM) has acquired two properties in Lyon, France, and Milan, Italy, for a total of approximately €110 million for the investment mandate of a southern German pension fund. The purchase in Milan is an off-market transaction. These are the first purchases in France and Italy for the portfolio, which has been…

Finance

Wells Fargo Strengthens Airport Industrial Property Unit Trust’s Property Programme with Flexible Debt Finance

abrdn plc’s Airport Industrial Property Unit Trust (AIPUT) has secured £350m of new debt financing from Wells Fargo to deliver a transformational investment programme for its prime industrial real estate portfolio in the United Kingdom. The new Facility which consists of a split-term loan and revolving credit facility structure with an initial committed term of…

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