| From Propertyeu.info: F&C REIT Asset Management's Munich arm plans to set up a EUR 450 mln fund targeting German institutional investors which will invest in office and retail properties in medium-sized cities (20,000-200,000 inhabitants) in Germany.
Equity raising for the fund, which has the working title F&C Best Value Deutschland, will start in the fourth quarter of 2009 or the first quarter of 2010, a spokesman for the company told PropertyEU. The fund will pay an annual dividend of 6%.........Full Article: Source
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