Insight Investments, the fund management arm of UK bank HBOS, today confirmed it will plough €600m ($730.8m) into commercial real estate in continental Europe. It is understood the figure will grow eventually to €2bn.

It is expected that the money will come from HBOS's balance sheet with further funds to be raised from HBOS's joint venture and debt team, according to fund management sources.

Insight plans €600m European property splash

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