HighBrook Investors, a real estate firm investing in Europe and the U.S., has closed its HighBrook Property Fund IV at $632 million.

Fund IV works to continue the investment strategy of its predecessor fund, focusing on value and special situations, targeting industrial, residential and creative office assets. The fund focuses on markets in western Europe, including the Netherlands, Germany and Denmark, and may also acquire properties in the U.S. that are consistent with HighBrook’s sector themes. On behalf of Fund IV, HighBrook has acquired 80 properties comprised of urban last-mile warehouses.

“We are grateful to both our existing and new limited partners for their strong support and commitment to HighBrook, particularly in a challenging economic environment,” says Brian Carr, managing partner at HighBrook Investors. “Their support allows us to continue our nimble yet highly focused investment approach with an emphasis on preservation of capital while capitalizing on high-quality value opportunities.” 

Monument Group acted as placement agent for the Fund.