"Schroder Property is pleased to announce that the Continental European Fund II (CEF II), a European property multi-manager fund, has completed a second closing. Since its launch in October 2007 €124 million has been committed by 12 public and private pension schemes, charities and other institutional investors from the UK and Continental Europe. The aim of CEF II is to provide both income return and capital growth by investing in unlistedproperty funds across continental Europe. CEF II is targeting net returns of 8-10% per annum over its 12 year life. In the short time since launch, three investments have already been made. When fully invested CEF II will have exposure to 10-15 underlying investments across a diverse range of sectors and countries. CEF II is aiming to raise €200 million and will be capped to preserve performance potential" (CS della Società)
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