PropertyEU

UBS Sima to raise EUR 370m for acquisitions

By A staff reporter 2010-04-15T00:00:00

Swiss fund manager UBS said it will seek to raise up to CHF 530 mln (EUR 370 mln) for its Sima property fund to finance acquisitions. The operation, which will take place from 22 to 30 April, is the first capital hike carried out by the fund since 2002.

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