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    London property fund launched by BDO

    London property fund launched by BDO

    Mid-tier firm partners with sourcing agent Knight Frank

    Author Date published January 29, 2007 Categories

    BDO Simpson
    Xavier    , the Irish member firm of the BDO
    International Network, has joined forces with sourcing agent
    Knight Frank to launch a €30m (£20m)
    British property fund.

    The Limerick based firm’s Londinium Fund will be used to buy residential
    properties in prime central London.

    Robert Adams, corporate finance director with BDO Simpson Xavier Limerick,
    said the fund was expected to yield a return in excess of 10% per annum.

    He said the Bank of Ireland had agreed to provide non-recourse funding to the
    value of 66% of the fund.

    Further reading:

    BDO uses personal touch to win more FTSE audits

    BDO admits ‘blockage’ on FTSE 350 audits

    BDO and DTI to investigate Farepak collapse

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