ASR REIM launches EUR 1.1 bn Dutch retail fund

ASR Real Estate Investment Management (ASR REIM) is launching a seeded EUR 1.1 bn retail fund targeting global institutional investors. The portfolio comprises 210 prime Dutch retail assets including single high street units, district shopping centres and supermarkets covering a lettable area of over 300,000 m[sup]2[/sup]. Including a pipeline of secured investment opportunities totalling EUR 280 mln, the fund has the potential to grow to around EUR 1.4 bn.

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