Real Estate
Eurozone Core Property Fund received €280m in at first close from six investors. : Dutch insurer ASR has revealed it invested €100m as a cornerstone investor into BlackRock’s new open-ended Eurozone real estate fund. Newly launched Eurozone Core Property Fund (Euro Core) received €280m in commitments from six investors at first close. Euro Core will primarily invest in offices, retail and logistics in the eurozone. ASR said that it wanted to increase diversification after it had managed unlisted real estate in the Netherlands for the past 125 years, with its current portfolio, totalling around €3.5bn.

In this article