CBRE To Float £1B U.K. Property Fund

Real estate investment manager,CBRE Investors, will roll out a specialist U.K. property fund,金融时报》reports. TheCB Richard Ellis U.K. Propertyfund will target investments from defined contributed (DC) pension schemes.

CBRE is aiming to raise more than £1 billion in total for the new open-ended fund. The vehicle, which is a non-Ucits retail scheme, is structured as a Property Authorised Investment Fund.

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