Empira Group has launched Empira Transition to Green Fund SCSp SICAV-RAIF.
This investment product invests in the German residential market with a focus on the sustainable revitalization and energy upgrading of mid-market residential properties. Against the backdrop of the EU’s “Fit for 55” initiative, the fund intends to make use of possible state subsidy programs and use these as part of its investment policy to reduce the investment costs in equity and at the same time significantly increase the value of the properties.
“The fund comes at the perfect time: current market conditions and the price adjustments for non-sustainable buildings offer a rare double-dip pricing opportunity, allowing investors to invest in the future of German cities at an optimal time,” said Lahcen Knapp, Empira Group’s founder and chairman of the board. “A prosperous housing market that is also committed to sustainable principles is the foundation of our transition-to-green str
