New European property fund lures investors

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THE NETHERLANDS - Dutch pension insurance company, Optas Pensioenen has become the first pension fund to commit assets to a new European real estate fund launched by New York-based The Tuckerman Group.

The amount remains undisclosed. The Balzac Real Estate Europe Index Fund is aimed at institutional investors and tracks the EPRA Liquid 40 property index, a customised index developed in conjunc...

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