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Ardian raises €700m for first European property fund

Private equity firm targets commercial real estate in Germany, France and Italy

Ardian raises €700m for first European property fund

A French private equity group has raised more than €700m from international investors for its first European real estate fund, saying it has big acquisitions on the horizon.

Paris-headquartered Ardian said its real estate European fund has attracted almost 80 investors from across 11 countries.

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