German-based investment company US Treuhand is to launch its new fund UST XVII Preferred Equity within the next few weeks, the company has announced. The new fund will give German investors the opportunity to invest in property in the US in cooperation with the American developer Hillwood. The fund is to have a planned capital volume of USD 166.5 mln (EUR 130 mln). The minimum investment is $50,000 (EUR 39,000), plus a five percent premium.