Goodman's Eurozone fund of funds returns 9.6% in first half

Goodman Property Investors, the investment unit of the real estate group Goodman, said on Thursday that its Eurozone fund of funds has posted a return of 9.6% from the end of last year, and is on its way to meet the targeted 10% return per annum. In 2006, Goodman raised more than EUR 250 mln from investors for its Eurozone fund. The fund aims to raise a total of EUR 300 mln within the 12 to 24 months following its launch in July 2006.

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