Linklaters establishes e1.1bn real estate fund

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EUROPE - Linklaters has acted for five institutional investors on the establishment of a e1.1bn retail real estate fund through a joint venture with shopping centre developer Sonae Imobiliária Group.

The investors TIAA-CREF, Stichting Pensioenfonds ABP, Caisse des Depots et Consignations, CNP Assurances and Ecureuil Vie, will use the fund - also known as the Sierra Fund - to: - purchase a sh...

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