UK developer Amazon Property has raised £250m (€291m) for a fund to invest in joint venture opportunities in the logistics, office, student, life sciences and retirement properties.

Amazon Capital said it has contributed £100m of equity and debt/bank funding to the fund which will provide private equity funding to joint venture partners/development managers and asset managers in the alternatives sectors.

Over the last two years, Amazon Property has focused on joint venture investments and trading assets and is now set for further expansion with a new wave of private equity funding and entry into the care/retirement sector under Amazon Care, the company said.

Chris Lanitis, COO of Amazon Property and founder and CIO of Amazon Capital said: “We have committed £250m of fresh funding and are seeking new joint venture opportunities across London and the UK with other talented entrepreneurs and sector leaders.

”We are able to make fast investment decisions, as opposed to prolonged board committees, and are committed to forming equity platforms and repeat deal flow in line with our partners’ long term business endeavours.”

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