Franklin Templeton fund acquires six new assets
The first state-oriented social impact infrastructure fund in Europe, Franklin Templeton Social Infrastructure Fund (FTSIF), has expanded its portfolio after it has acquired six new and additional assets.
The Fund has acquired a university complex in Aachen, Germany; a school in Stockholm, Sweeden; a hospital in Venice, Italy; a healthcare center in Brighton, UK, a portfolio of two nursing home facilities in London and a hospital in Copenhagen, Denmark for an undisclosed sum.
In January 2019, the Fund has closed the acquisition of a justice courthouse in Madrid, a medical clinic in London, and an elderly care facility in a suburb of Milan.
Currently, the Fund has a total of nine assets with a combined worth of EUR200 million (US$223 million).
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