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28 May 2012

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Chicago's Heitman closes E1.3bn fund aimed mainly at central/eastern Europe property

Chicago-based real estate investment manager Heitman finally closed Heitman European Property Partners IV, its fourth European value-added property investment fund. It raised E505m in equity aimed at opportunistic investments mainly in CEE, and expects with leverage to assemble some E1.3bn AUM in total. The objective of HEPP IV is to assemble a diversified portfolio of property and debt investments in retail, residential, offices and logistics around Europe.

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