€507m raised in Mapletree's first European office fund

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No Mapletree Investments is set to expand in seven locations in European Union and United Kingdom. The Mapletree Europe Income Trust (MERIT) office fund has closed after raising €507m ($816m), Mapletree Investments announced. The funds will be used to invest in seven grade A office assets in Manchester, Bristol, Aberdeen, Munich, Dublin, Warsaw, and Utrecth amounting to €2.1b ($1.93b). read more