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6 February 2012

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IVG Protect Fund for institutions fully placed

The Bonn-based IVG has fully placed a new open-ended, specialised real estate fund with five institutional investors, seeking investment volume of e300m. IVG Protect Fund targets a yield of 6% p.a., and borrowing ratio of 47%. IVG transferred to the fund eight high-yield office properties located in Brussels, London, Paris, Berlin, Hamburg and Munich. It said that the fund placement attracted so much demand that several interested parties could not be served.

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