UBS Global Wealth Management has partnered with Invesco Real Estate to acquire its first direct real estate asset for their partnership.
This acquisition will allow UBS wealth management clients to access global real estate.
The acquisition is a $174 million US multi-family property in Roseland, New Jersey.
It has been made accessible via a joint venture with the Invesco Real Estate Income Trust and Skylight Real Estate partners, a US regional privately-held real...