Empira Group has launched the EMPIRA German Living strategy. UBS is participating as anchor investor with a commitment of more than €158 million ($184 million). The capital will be deployed over the coming months to build a diversified seed portfolio across Germany.
The seed portfolio comprises assets in Germany’s top seven cities, providing strong diversification and a solid foundation for the further development of the strategy. The target fund size is €350 million ($407 million).
The strategy follows a core-plus approach, focusing on the acquisition and active management of income-generating residential assets in German A-cities, as well as selected B- and C-cities with strong demographic and economic fundamentals. Based on the UBS anchor investment, the objective is to build a diversified portfolio and expand it progressively through additional capital commitments. The strategy is underpinned by a disciplined manage-to-core approach, including targeted portfo