Foncière des Régions (FdR) said on Monday that it has strengthened its capital by nearly EUR 200 mln after seeing nearly 100% of its outstanding equity warrants exercised. The warrants, with a subscription period covering the entire year 2010, were awarded to FdR shareholders at end-2009 on a ratio of one equity warrant for each FdR share.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
