German listed property company IVG Immobilien has launched a customised European Core+ Office SICAV fund for institutional real estate investors. The fund, which is legally incorporated as a SICAV in Luxembourg, invests in selected European office locations. The minimum commitment for prospective investors is EUR 5 mln, and the target fund volume is EUR 1.2 bn.
London-based real asset merchant bank CBE Capital secured a €95 mln senior loan from Piraeus Bank in Athens.
