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AEW Europe fund holds €413m final close

by Zoë Wolff

AEW Europe, an affiliate of AEW Capital Management, has held a final close of €412.6 million ($461.8 million) for its AEW Europe Value Investors Fund, according to IREI’s FundTracker database.

The fund will focus on core-plus and value-added office properties primarily in Germany, France and the United Kingdom. The fund held an intermediate close of €235 million ($255 million) in 2015.

As of February 2016, the fund had deployed approximately €430 million ($481 million) across 13 assets in Europe. The most recent acquisition was 240 Serrano, a mixed-use property in Madrid.

 

 

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