NCB reopens commercial property fund

NCB’s wealth management division has reopened a commercial property fund that raised €50 million last year to allow private clients to increase their investments by up to €15 million.

2nd June, 2007

NCB’s wealth management division has reopened a commercial property fund that raised €50 million last year to allow private clients to increase their investments by up to €15 million.

The money will be used to acquire additional office developments in London and the southeast of England.

These will be managed by Grainmarket, a London-based firm set up by Mark Crader, a former Lehman Brothers executive.

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