Real I.S. is launching a Green Office Fund for institutional investors, PropertyEU reports. The new vehicle, which aims at distributing an annual 5% over its entire investment horizon of 10 years to 12 years, is looking to develop a portfolio of €400 million.

The product will contribute exclusively to LEED-, BREEAM- or DGNB-certified buildings in Western Europe with a lot size between €40 million and €60 million. The total investment is likely to amount to some €400 million, including 50 percent of debt.

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