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BlackRock plans 2.5b euro Europe boost

Published Wed, Dec 9, 2015 · 09:50 PM

Berlin

BLACKROCK, the world's biggest asset manager, plans to buy as much as 2.5 billion euros (S$3.8 billion) of continental European properties over three years - more than doubling its pace of investment - as its clients seek to take advantage of a weak euro.

"Investors, particularly from the US and Canada, are looking to diversify into European real estate," said Thom…

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