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ASR REIM launches 1.1 bln eur property fund

Posted on 01 July 2011

ASR Real Estate Investment Management (ASR REIM) plans to raise 300 million euros ($426 million) this year for a new fund with exposure to 1.1 billion euros in Dutch prime retail property, giving investors access to high streets where space is scarce.
ASR REIM, a unit of Dutch insurer ASR Netherlands , said the ASR Dutch Prime Retail Fund is seeded with a core portfolio of 210 Dutch prime properties as well as another 280 million euros in investment opportunities……………………………………….Full Article: Source

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