French real estate manager Oreima closes latest fund at EUR275 million
French real estate investment manager Oreima has raised EUR275 million at the close of its latest fund Oreima IV after receiving capital commitments from European institutional investors. The manager said the fund, which has a 50 per cent leverage component, has approximately EUR200m of already-made investments. The Oreima IV expects to make approximately EUR350 million worth of investments mainly in offices, but also in mixed-use assets with a residential component, in Paris or in regional cities. The fund’s investment plan...