Thursday, April 12, 2007

Reuters Summit-UPDATE 1-Ferrell plans new Asian property fund

(Reuters) - SINGAPORE, April 12 - Ferrell Asset Management plans to launch a 500 million euro property fund to lure European and Middle Eastern investors into the fast rising luxury housing and commercial markets in Singapore.

David Lee, managing director and founder of Singapore-based Ferrell, said on Thursday he was talking to investors about the new fund, which will likely double the firm's assets under management.


Read more at Reuters.com Bonds News

No comments: