IVG Immobilienfonds GmbH has fully placed its closed-end real estate fund Euroselect 08 within four months. The fund invests in the office building One Neathouse Place in Londonâs Westend which has a long-term lease. The investors take part with â¬60 million of equity.
In March 2005 the placement for the next fund, Euroselect 09 will start. This fund will have an equity volume of â¬80 million and will invest in the London office building Riverside House which also has a long-term lease.
Source: Immobilien Zeitung