Aampere Investment Management, a subsidiary of Aamundo Immobilien Group, has plans to invest up to €1 billion ($1.2 billion) in the German real estate market together with an unnamed U.S. institutional investor, according to local outlets.
The venture is seeking value-add and opportunistic investments in all the sectors, including offices, retail, light industrial, logistics and housing, located in secondary markets in metropolitan regions and prospering mid-sized cities in German-speaking countries.
The goal is to significantly increase the value potential of real estate or real estate portfolios through active asset management — by reducing vacancies, re-using, repositioning or revitalizing properties. Aamundo also takes over objects, projects or portfolios with financially troubled financings.
