- Fund name: Europe Property Fund V (EFV)
- Amount raised: €1.287 bn ($1.4bn)
- Target size: €1.287 bn ($1.4bn)
- Predecessor Fund: Europe Property Fund IV
- Stage of fundraising: Final close
- Final close date: May 2020
BlackRock Real Estate held its final close on its Europe Property Fund V, successfully reaching their hard cap. Raising capital from 39 diversified institutional investors, the fund will continue its predecessors’ value-add strategy and will invest in real estate assets across Europe.