Real I.S. prepares Australia-focused fund
Real I.S. has announced plans for an for an institutional fund focused on Australia, with plans to develop a property portfolio consisting of various retail, logistics and office assets in Brisbane, Melbourne and Sydney.
With the planned Australia fund, Real I.S. aim to offer institutional investors an answer to the current shrinking returns in Europe and the United States, as well as an alternative to the run on core and core-plus properties, particularly in Germany.
The Australian property market currently offers much higher returns than Europe’s market does. “Distributions here may carry a five before the decimal point,” says Georg Jewgrafow, CEO of Real I.S. AG. “Investments can in fact be made in good locations at a price level which enables returns of this kind.”
Recently, Real I.S. raised more than €600 million ($658 million)