FdR asks AMF for license to manage OPCIs

Fonciere des Regions (FdR) has asked the French stock market regulator AMF for a license to enable it to manage OPCIs, a new type of non listed investment vehicles introduced in France at the end of 2007. 'We hope to receive the green light from the AMF before the summer,' spokesperson Philippe Boyer told PropertyEU. The company plans to team up with other investors to launch its own OPCI investment vehicle by the end of this year or early next year.

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