Newcore Capital Management has launched a £100m fund targeting UK real estate assets linked to social infrastructure, storage and accommodation.
The fund has already secured equity commitments of £55m from two UK local authority pension funds, including Merseyside Pension Fund, as well as its existing family office client base.
A final close is expected to take place in the first quarter of 2019.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
