Brief: Borgosesia Unit To Set Up Real Estate Alternative Investment Fund

ABC SpA SB

03/04/2019 10:13

April 3 (Reuters) - Borgosesia SpA  BRGI.MI , unit of CdR
Advance Capital  CDRU.MI :
    * SAID ON TUESDAY THAT ITS UNIT HAD RESOLVED TO SET UP REAL
ESTATE
ALTERNATIVE INVESTMENT FUND 
    * FUND TO BE RESERVED TO QUALIFIED INVESTORS
    * TO SET ANNUAL RATE OF RETURN AT 10 PCT
    * EXPECTS FUND INFLOWS FROM 24-MTH PLACEMENT OF UP TO EUR 30
MLN

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIA2gfgyj,  urn:newsml:reuters.com:*:nBIAbTDCJl
    
 Further company coverage:  BRGI.MI ,  CDRU.MI  
   


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