A host of real estate developers contributed to Fifth Wall's latest vehicle and will gain the opportunity to make co-investments alongside the venture firm.

US-headquartered, real estate-focused venture capital firm Fifth Wall has closed a €140m ($159m) European fund with backing from several corporate limited partners.

Financial services firm BNP Paribas’ Real Estate subsidiary is among the LPs, as are property developers Aldar Properties, Damac Group, Gestilar, Inmobiliaria Colonial, Ivanhoé Cambridge, Momeni Group, Neinver and Segro.

The list was filled out by real estate managers PGIM Real Estate and Redevco, estate agency Knight Frank and real estate asset managers Tramway Capital, Merlin Properties and…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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