EUROPE/MIDDLE EAST/AFRICA

摘要

A new investment trust hopes to raise £125m from a London IPO to lend to borrowers for property acquisitions in Belgium and Holland. The loans are subject to an agreement that the fund gets a slice of any capital appreciation after a quick turnround, which is an arrangement the company claims to be common in the Benelux region. whitewood reff, a fund managed by Whitewood, a Belgium-based investment manager, offered shares at a fixed price of 100p each.