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LeadCrest targets European sale-leaseback opportunities

LeadCrest Capital Partners launched as a new fund management business that will focus on European sale and leaseback transactions, PropertyFundsWorld reported.

The fund will focus on deals between €10 million and €50 million in western and northern Europe, targeting office, industrial, retail and special-purpose properties with 10-year-plus leases.

Georges Asmar, former managing director and global head of net lease investments at Colony Capital Inc., will lead LeadCrest.