European fund manager Meyer Bergman has secured around EUR 130 mln of equity at the first close of its second retail property fund, a market source told PropertyEU.
European fund manager Meyer Bergman has secured around EUR 130 mln of equity at the first close of its second retail property fund, a market source told PropertyEU.
Meyer Bergman European Retail Partners II is targeting a total firepower of EUR 1-1.25 bn, including leverage.
Meyer Bergman declined to comment.
The vehicle is the successor fund of Meyer Bergman European Retail Partners I, which was established in 2010 and is now fully committed. It invested in retail assets including London’s Burlington Arcade, Forum Nova Karolina in Ostrava and Forum Usti Nad Labem in Usti in the Czech Republic as well as Galeria Katowicka in Katowice, Poland.
