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TwentyTwo Real Estate launches residential REIT

TwentyTwo Real Estate, an independent firm dedicated to real estate investment in Europe, has launched Powerhouse Habitat, a residential private REIT, backed by institutional investors BNP Paribas Cardif, Société Générale Insurance and OPCI BNP Paribas Diversipierre seeded by a €1bn-plus portfolio of 6,700 single-family units in France and mainly leased to EDF.
CoStar News
January 24, 2018 | 6:17 P.M.

Powerhouse Habitat has the ambition to become a "major and structurally important player in the French residential market through further acquisitions of affordable rental housing units in the private sector".

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News | TwentyTwo Real Estate launches residential REIT