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UBS to launch EUR 1b European core fund
Date: 15 September 2011
Category: Market Watch
UBS Global Asset Management is about to announce the launch of a EUR 1 bn special real estate fund targeting core properties across Europe, an UBS spokesperson confirmed to PropertyEU on Thursday. The vehicle, called UBS (D) European Mega Core Property Fund, has already made its first investment with the purchase of the Isar­tor City redevelopment project on Munich's Isartorplatz old town square.
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PropertyDay 16 September 2011
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