Asset Management

London's Heitman Launches New Real Estate Fund

Mark Shapland Reporter London 14 November 2014

London's Heitman Launches New Real Estate Fund

London based real estate investment firm Heitman has launched a new fund.

London-based real estate investment firm Heitman has launched a new fund.

Named the Heitman European Real Estate Opportunities Fund, it invests in listed securities that provide exposure to the European real estate sector.

Heitman says it can deliver a stable annual net return in the range of 8 to 10 per cent, a large component of which comes from income.

It is being launched with €25 million ($31 million) of seed capital from Heitman’s financial partner Old Mutual.

Mark Abramson, managing director, oversees the investment management of the fund from his office in Munich.
 

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