Germany-based ActivumSG has launched a €500 million ($613 million) fund to make real estate investments across Europe, according to local media outlets.
The fund has already committed more than €200 million ($245 million) to property investments in Spain and Germany. The upcoming residential development projects in Spain include Project España, located in Salamanca; Project Sierra Blanca, in Marbella; and Parque Central, in the center of Estepona.
