Aberdeen Standard Investments is planning to expand its residential real estate portfolio by 31% over the next four years. The company, which already holds €6.5bn ($7.4bn) in residential property, aims to add a further €2bn in investments by 2025, following the success of its European Residential Property Fund, which has raised almost €400m in total equity since launching earlier this year. Aberdeen Standard's residential real estate growth plans form part of the company's wider goal of doubling its current total of €49bn in real estate assets by 2022.
Aberdeen Standard Investments is planning to expand its residential real estate portfolio by 31% over the next four years. The company, which already holds €6.5bn ($7.4bn) in residential property, aims to add a further €2bn in investments by 2022, following the success of its European Residential Property Fund, which has raised almost €400m in total equity since launching earlier this year. Aberdeen Standard's residential real estate growth plans form part of the company's wider goal of doubling its current total of €49bn in real estate assets by 2025.