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ICG Real Estate announces €1.4 billion final close for second Metropolitan fund

Fund targets UK and European industrial and logistics assets
Unit 3 at Spitfire Avenue. (ICG)
Unit 3 at Spitfire Avenue. (ICG)
CoStar News
March 31, 2026 | 9:22 AM

ICG Real Estate, the real estate division of global alternative asset manager ICG, has held the final close for the second vintage of its opportunistic real estate strategy, with ICG Metropolitan Fund II receiving €1.4 billion ($1.6 billion) of commitments.

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