Capital & Regional, the co-investing property asset manager, has confirmed that The Junction Fund is in discussions with potential equity investors as part of its plans to strengthen its financial position. The Financial Times said the potential investor is US-based Area Property Partners.
Capital & Regional, the co-investing property asset manager, has confirmed that The Junction Fund is in discussions with potential equity investors as part of its plans to strengthen its financial position. The Financial Times said the potential investor is US-based Area Property Partners.
The Junction Fund is one of the UK's leading investors in retail parks and a recognised specialist in this sector of the property market. Capital & Regional holds a 27.3% stake in The Junction and is the property asset manager.
Progress also continues to be made on plans to provide long term stability to the X-Leisure Fund, in which Capital & Regional holds a 19.4% stake and is the property asset manager, the firm said.
