Together they plan to raise a total of £2.4 billion ($4.76 billion) across the six funds in the next 18 months.
So far they have raised £100 million of a £400 million target for the pan-European Iceberg Alternative Real Estate Fund, which will invest in real estate securities such as over-the-counter property derivatives, property shares and offshore funds.
The aim is to offer investors the ability to ramp up their real estate holdings, rather than looking for price anomalies between different types of property investment vehicles.
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