Dutch firms form partnership to focus on U.S. retail

04/18/2008 | Commercial Property Executive

United Investment Co. and SNS Property Finance International formed a joint venture to establish a $1 billion real estate investment and development fund. The Dutch companies said the new fund would be dedicated to the U.S. retail real estate market. "We meet retailers every day who can't get financing to build deals for them, so we see this as a great opportunity," said Biff McGuire, CEO of UDC Global in America.

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