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13 February 2012

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Heitman said well positioned for CEE opportunities after fund launch

The European private equity arm of Chicago-based real estate investor Heitman is well positioned to exploit opportunities in central and eastern Europe and hopes to boost its fourth value-added fund aimed at the region to around $600m in equity, top officials say. European Private Equity Managing Director Gordon Black and Europe Acquisitions Head Chris Voutsinas told PFE that the fund, Heitman European Property Partners IV closed at e380m last September (around $500m), could be topped up this year.

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