Empira plans investments of €2b for “transition to green” strategy through to the end of 2024
Empira Group, an investment manager for institutional real estate investments in the DACH region (Germany, Austria and Switzerland), has plans to invest around €2 billion ($2.1 billion) in residential real estate in Germany through to the end of 2024 in the framework of a strategy for “sustainable real estate.” The sustainable investments will be spread across several mandates. This underlines the diversity and versatility of the investments, which will concentrate on Germany’s top seven cities.
“The sustainable investment strategy is an attractive investment opportunity for our investors. At the same time, it is also making a contribution to a future-oriented society,” said Lahcen Knapp, chairman of the board of directors of Empira Group. “The current market phase offers ideal entry opportunities and conditions for such investments,” adds Knapp. Empira’s strategy for sustainable real estate is not merely aimed at remediating the structural deficits of the e