JER Partners has raised EUR 809 mln for its JER Europe Fund III, which will seek property investments across all sectors. The fund is expected to have a total value, plus leverage, of up to EUR 4 bn. 'A fund of over EUR 800 mln with a current portfolio of thirteen projects is testimony to the success of our approach. A Europe-wide network of high quality operating partners and an outstanding team based primarily in London has allowed us to identify a steady stream of attractive, well-priced investment opportunities,' said Malcolm Le May, president of JER Partners Europe.
JER Partners has raised EUR 809 mln for its JER Europe Fund III, which will seek property investments across all sectors. The fund is expected to have a total value, plus leverage, of up to EUR 4 bn. 'A fund of over EUR 800 mln with a current portfolio of thirteen projects is testimony to the success of our approach. A Europe-wide network of high quality operating partners and an outstanding team based primarily in London has allowed us to identify a steady stream of attractive, well-priced investment opportunities,' said Malcolm Le May, president of JER Partners Europe.
JER Partners is the global real estate division of the J.E. Robert Companies and is headquartered in the US state of Virginia.
