18.06.2009 - Residential Property Recovery Fund launched
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