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Lend Lease Real Estate Investments Introduces Mutual Fund to Invest In European Real Estate Securities.
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PR Newswire
- Article date:
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January 31, 2001
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Copyright informationCOPYRIGHT 2001 PR Newswire Association, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK, Jan. 31 /PRNewswire/ --
Lend Lease Real Estate Investments, Inc. ("Lend Lease") announced today it is launching its second mutual fund -- Lend Lease European Real Estate Securities Fund (the "Fund"). The Fund will invest primarily in publicly-held real estate companies in the current European Union nations while also seeking opportunities in Europe's emerging markets.
The European real estate securities market is similar to the U.S. market. The number of publicly traded European real estate securities exceeds 100 with a total market capitalization approaching US$100 billion. The development of a common currency combined with solid market fundamentals creates ...
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