APF, CdD JV invests EUR 80m in French assets

Dutch fund manager APF International is putting its eighth real estate fund on the market. The fund will focus on investment in France where APF International has just established a joint venture with Paris-based Caisse des Dépôts et Consignation. The partnership has purchased four office buildings in the country for a total of EUR 80 mln, APF added. The properties will be transferred to a new structure in which Caisse des Dépôts will invest EUR 35 mln and APF the remaining EUR 45 mln.

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