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BNP Paribas REIM to launch EUR 300mln retail property fund

Posted on 07 October 2010

From Propertyeu.info: European fund manager BNP Paribas Real Estate Investment Management is working on a new retail property investment fund for institutional investors. The vehicle, which will have a volume of EUR 300 mln, will focus on retail box properties across Italy.
‘We are in discussions with an industrial group on the transfer of a seed portfolio of retail boxes valued at EUR 300 mln. This means that the fund is already fully invested……………………………………….Full Article: Source

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