AEW to invest EUR 3.5 bn in 2010

AEW Europe plans to broker up to EUR 3.5 bn worth of transactions this year in a further sign of recovery for the European property market. The figure compares to around EUR 2 bn worth of deals completed in the course of 2009. In a statement last week, the French fund manager also said that it intends to launch new investment products in 2010 and raise new funds for its institutional and retail funds.

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