Mapletree Investments bets big on European office market

Singapore-based real estate asset manager Mapletree Investments is launching a European office fund. The firm aims to raise a half billion euros, or around $606 million, for the Mapletreee Europe Income Trust and looks to reach that goal by the end of March, according to DealStreetAsia. Mapletree is targeting a 12 percent return on the fund. Mapletree seeded the fund with seven of its European commercial properties, including three in the United Kingdom and three