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Unlisted REITs raise nearly six times the amount of Q3 redemption requests

Bisnow +1 · ·by G4L

IVZ
IVZ Invesco Ltd
$28.63 -0.83%
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  1. 1Ares Industrial, Ares Real Estate, and Invesco Real Estate Income Trust fully paid out $117 million in redemption requests for the quarter.
  2. 2The total amount raised by Ares Industrial, Ares Real Estate, and Invesco Real Estate Income Trust for the quarter reached $692 million.
  3. 3AIREIT's quarterly capital raised in Q3 was $408 million, an increase from the $146 million raised by AIREIT in Q2.

So what's the key point?

Real estate investment companies met all requests for money to be returned. Instead, they grew in size by raising $692 million in new capital.

Source Bisnow +1 · View original ↗

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