KGAL starts placing French real estate fund

By A staff reporter 2011-03-02T00:00:00

German closed-end fund manager KGAL said it has started marketing PropertyClass Frankreich 1, its first French real estate investment vehicle. The fund made its first acquisition in October 2010 with the purchase of an office building in Fontenay-sous-Bois, Île-de-France, about 5 km east of Paris. The High Quality Environmental (HQE) ...

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