Mitsubishi and UBS launch UK real estate debt fund

Category: Japan, U.S.A.
By Maya Ando

Mitsubishi Corporation (MC) has announced the launch of a new real estate debt fund focused on the UK market, which is managed by a joint venture between MC Asset Management Europe (MCAME) – a 100% subsidiary of MC – and UBS Global Asset Management (UBS GAM), a fully-owned subsidiary of UBS AG (UBS). Including the £50 million (US$81.97 million) seed capital from MC, the fund’s first close was £140 million

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