Successful placement of $21.38 mn real estate investment fund

This week, the first real estate Closed-end Mutual Fund, Pellegrini I, was placed in the local capital market to finance the development and construction of housing for the middle and low-income sectors of the population. Pellegrini S.A., a company of Banco Nación, acted as Managing Company and Banco de Valores acted as depositary, arranging the issue and the placement, which closed at a total of 2,033 million pesos ($21.38 mn).

Source: Ámbito