IVG's Euroselect 08 placed within four months (DE)

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 London’s Westend which has a long-term lease. The investors take part with €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 €80 million and will invest in the London office building Riverside House which also has a long-term lease.

Source: Immobilien Zeitung

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