This takes Aref’s total membership to 64 funds managing over £42 billion. These additions firmly establish Aref as the voice of unlisted commercial real estate funds and adds to its already impressive growth of 21 funds in the past 12 months.
The new members include Ashtenne Industrial Unit Trust, a £679 million JPUT investing in industrial properties throughout Northern England and Scotland. A second joiner is Unite UK Student Accommodation Fund, which is managed by Stephen Grant at Unite Group.
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