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Schroders launches Core European Property Fund

Schroders Property Investment Management (SPrIM) is today announcing the first close of a Schroder Core European Property Fund specifically designed for Swiss tax exempt pension schemes. The fund closed on 21 December 2012 at €225 million. It is expected to double in size before a second close later this year. SPrIM is the Investment Manager, the fund was launched in partnership with Zurich Investment Foundation. The Schroder Core European Property Fund strategy will focus on good quality, income producing property in the largest and most liquid property markets in Europe. The initial phase of the investment programme will focus on the key markets of France and Germany but the fund will also invest across a number of countries througho...[…]