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DALLAS-With investment circles buzzing about reciprocalcrossings of the Atlantic, the London-based Strategic Real EstateAdvisors Ltd. is steering a $1-billion equity fund to acquire USproperties, primarily in the South.

Pierre N. Rolin, chairman and CEO of StratREAL, tellsGlobeSt.com that the expectation is to invest the equity pool in"12 to 18 months in the South." StratREAL's geographical definitiondiffers somewhat from the US delineation, but the capital ispointed squarely at major metros in Sunbelt states from Florida toCalifornia. "We're aggressively buying in the Southwest right now,"he says, citing the most recent deal, Four Westlake Park at 200Westlake Park Blvd. in Houston.

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