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Invesco RE plans Asia fund for German investors

Posted on 10 November 2010

From Propertyeu.info: Invesco Real Estate is gearing up to launch an Asia fund for German institutional investors in Q1 2011, Robert Stolfo, Director of Business Development in Germany, said. The fund aims to raise between EUR 200 -250 mln in equity and will be registered as a Luxembourg-based spezialfonds, he added.
‘This new Asian vehicle will target Japan, China, Singapore and Australia,’ he noted. ‘Our research indicates that China is attractive for retail, Singapore and Australia for offices and Japan for offices and residential.’………………………………………Full Article: Source

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