JER Partners has raised EUR 809 mln for its JER Europe Fund III, which will seek property investments across all sectors. The fund is expected to have a total value, plus leverage, of up to EUR 4 bn. 'A fund of over EUR 800 mln with a current portfolio of thirteen projects is testimony to the success of our approach. A Europe-wide network of high quality operating partners and an outstanding team based primarily in London has allowed us to identify a steady stream of attractive, well-priced investment opportunities,' said Malcolm Le May, president of JER Partners Europe.
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