Henderson will manage the fund through Warburg - Henderson Kapitalanlagegesellschaft fr Immobilien, its joint venture with Hamburg-based MM Warburg. The investment strategy of the fund is to focus on office, retail and logistic properties in the key pan-European property markets outside of Germany, with France, Italy and the UK the main targets.

. Hermann Aukamp, director of property at Nordrheinische Ärzteversorgung, says: "We have selected Warburg-Henderson based on their rigorous professional investment process, leading edge property market research and their local presence in the most important European property markets."

Warburg-Henderson has launched four such property Spezialfonds with German and international institutional investors over the past 12 months, raising in excess of €500 million ($625 million).

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