Europe: Primonial Group launches social infrastructure fund

Hannes Ressel, AviaRent

French real estate asset manager Primonial Group has launched ESI, a pan-European open-ended real estate fund dedicated to social infrastructure, including healthcare, educational facilities and affordable housing. The fund aims to have €1bn (US$1.1bn) in assets under management by 2022 with a return of 5%, and already has €450m invested or in the process of…

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