PropertyEU

Cordea Savills launches German retail fund

By A staff reporter 2007-07-19T00:00:00

Property fund manager Cordea Savills has launched a closed-end German retail fund, which has raised more than EUR 190 with insitutional investors in its second close. Based in Luxembourg, the fund aims to achieve returns of 10% and an annual profit distribution of 5%, Cordea Savills said. It has a ...

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