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Green Street Capital to launch a European CMBS fund

Green Street Capital is planning its first foray into asset management with the launch of a European CMBS fund to take advantage of the continued discounts available for legacy bonds in the secondary market.
By James Wallace
June 16, 2011 | 10:00 P.M.

Equity for the open-ended unleveraged fund, the management of which will be led by Green Street partner Dean Atkins, will be provided by a non- property investor “who is attracted by the relative value story”. The fund will likely be branded with the sponsor’s name.

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