The fund has a budget of more than 1 billion euros to invest over the next 3 years. In the last round of fundraising, “which was oversubscribed, another 116 million euros was obtained from new capital commitments,” explain sources from the company.
Backed by institutional investors from the UK, Europe, the US, the Middle East and Asia, the fund is the largest in the Patrizia TransEuropean series, exceeding TransEuropean Property LP VI (‘TEP VI’), which raised 430 million euros.
Read the full article in Spanish.