Real I.S. closes equity raising for EUR 300m European fund

Real I.S. has closed the third consecutive fund within the BGV-series for institutional investors after reaching the target volume of EUR 300 mln in capital recently. In total, 27 institutional investors including insurance companies, pension funds, savings banks and trusts have invested in BGV III. The focus of the fund is on core real estate, both offices and retail premises, primarily within the eurozone. Real I.S. aims for an after-tax distribution of 5% per annum until the end of the fund lifespan in 2019.

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