Chicago-based investment group Heitman has set up a new EUR 380 mln fund to invest in Central Eastern European properties. The fund - Heitman European Property Partners IV - is the fourth European investment vehicle lanunched by Heitman and will target commercial real estate properties in CEE, newspaper Sofia Echo has reported.
Chicago-based investment group Heitman has set up a new EUR 380 mln fund to invest in Central Eastern European properties. The fund - Heitman European Property Partners IV - is the fourth European investment vehicle lanunched by Heitman and will target commercial real estate properties in CEE, newspaper Sofia Echo has reported.
'We posses a long-term investment period of three years, which is ample time for us to be careful, considerate and proceed with the best possible alternatives,' the paper quoted Gordon Black, executive director of Heitman, as saying.
