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Residential Property Recovery Fund launched

Posted on 18 June 2009

From Propertyfundsworld.com: Residential Property Recovery Fund, a specialist residential property fund focused on distressed and mispriced residential property in the Midlands and the North of England, has launched by way of a private fundraising with institutional and private investors.

The fund, which will be managed by Residential Property Asset Management, intends to raise up to GBP10m of equity/investor subscriptions, which with borrowing will create a fund size of GBP25m………Full Article: Source


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