15.07.2009 - Euro 3.1 bln Blackstone fund lifts Europe
From : The European real estate sector has been strongly heartened by the announcement of the US-based private equity group Blackstone that it has made a final closing of Blackstone Real Estate Partners Europe III, targeting equity capital of over 3.1 billion at Europe, in the first instance UK and Germany. The initial intended target sum was 2.5 billion but the group extended the funding. It said BREP Europe III will target property investments throughout Europe and has commitments from a diversified group of limited partners from around the world.......Full Article: Source