Publications

Fundraising - APRIL 7, 2015

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

PATRIZIA holds two fund closes

by Andrea Waitrovich

PATRIZIA Immobilien AG has closed two separate European real estate funds, according to IREI’s FundTracker database.

LB Pflege-Invest Deutschland I closed WITH €204.8 million ($222.1 million). The core fund focuses primarily on investments in nursing homes in Germany.

And the firm held a €300 million ($325.4 million) close for its PATRIZIA Gewerbe Immobilien Deutschland II. The core fund invests directly in CBD office and retail assets in Germany.

In other news, PATRIZIA established a subsidiary for Spain and Portugal, continuing its European expansion.

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy