CapReit raising €250 million for Irish property purchases
CapReit has retained investment firm Investec to help it raise a further €250 million for more purchases in Ireland.
CapReit, the Canadian property investment firm that bought €43 million worth of Irish apartments last summer, has retained investment firm Investec to help it raise a further €250 million for more purchases in Ireland.
It is not clear yet whether the new funds will be raised through an initial public offering on the Irish Stock Exchange or through a private, unlisted real estate trust, but CapReit's existing apartment purchases will be backed into ...
