Valad raises EUR 196m for French industrial fund

By A staff reporter 2008-07-18T00:00:00

Sydney-based Valad Property Group has raised EUR 196mln in its first closing for its new EUR 500mln industrial fund in France, known as Parc d'Activités. Twelve international institutional investors have committed EUR 96mln, including EUR 5mln from Valad Property Group. In addition, Landesbanken Hessen-Thuringen-Girozentrale (Heleba) is providing a first tranche ...

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