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Sign in Sign up for a FREE subscriptionIntReal crosses €3b mark for open-ended property funds
Germany’s IntReal International Real Estate has crossed more than €3.1 billion ($3.5 billion) for its open-ended public-property funds.
“The business line of public property funds is getting more and more important to us,” said Michael Schneider, managing director at INTREAL. “We are currently in talks with several asset managers who would like to enter the segment. At the moment, we actually have one investment fund in preparation.”
IntReal’s funds prioritize investments in residential, retail and healthcare properties — asset types that have proven comparatively crisis-proof during the coronavirus pandemic, noted Schneider.
