La Française Real Managers launches European commercial property fund
La Française Real Estate Managers has launched Europimmo Market, a European property fund with a focus on commercial property and e-commerce assets.
The fund invests in stores, shopping malls and logistic assets. It targets primarily Germany and France’s markets and seeks opportunities in Iberia, Italy, Benelux as well as in the Nordics.
The company said that assets located in areas with strong retail density and presenting a potential of a large number of customers with a high purchase power will be favoured.
La Française Real Estate Managers is managing around $13bn (€11.5bn) in property assets, of which stores and shopping malls account for €2bn.
It is part of La Française Global REIM & Forum Partners, which has $20bn (€17.7bn) of assets under management.