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Fidelity mandated on $300m Saudi investment drive

Fidelity International has partnered with NCB Capital, Saudi Arabia’s leading investment bank and largest asset manager, to launch a bespoke real estate mandate with total investment firepower of c.$300m.
By James Buckley
April 3, 2017 | 2:12 P.M.

The pan European mandate will target core/core plus assets across Germany, France, Benelux and the UK. The vehicle provides US$150m of equity which can be leveraged to invest up to $300m in total.

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News | Fidelity mandated on $300m Saudi investment drive