BlackRock adds first two assets to Eurozone property fund

By Richard Hook2019-01-29T10:45:00

BlackRock Real Estate has completed on the acquisitions of a pair of German office and logistic sites to add the first two assets for its €415m (£361m) Eurozone Core Property Fund.

The BlackRock Eurozone Core Property Fund held its first close in May 2018 and raised €415m from eight institutional investors towards its target of acquiring reversionary low vacancy assets in transitional markets.

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