BUCHAREST, ROMANIA-The US- and UK-backed fund is targeting distressed properties worth over €10 million.

PARIS-In the first half of 2009, Gecina carried out disposals totaling €226 million, including €157 million for seven office buildings in Paris.

PARIS-In the first half of 2009, Gecina carried out disposals totaling €226 million, including €157 million for seven office buildings in Paris.

LONDON-Funding was upped from €2.5 billion after investors realized more opportunities on the contient.

LONDON-Funding was upped from €2.5 billion after investors realized more opportunities on the contient.

LONDON-Pradera Asset Management is launching the Pradera Open-Ended Retail Fund in Germany with a target volume of €400 million.

LONDON-Pradera Asset Management is launching the Pradera Open-Ended Retail Fund in Germany with a target volume of €400 million.

FRANKFURT-The 219-room hotel is going into Frankfurt's new PalaisQuartier leisure and retail development.