Real I.S. has launched its €1 billion ($1.2 billion) Real I.S. BGV VIII Europe.
Real I.S. continues its successful series of Bayerische Grundvermögen (BGV) funds. The fund will focus on investments in office real estate, with a secondary focus on retail, logistics and hotel properties.
“The success of our previous BGV funds has confirmed the consistently high levels of demand from our investors for attractive investment opportunities. The predecessor fund to BGV VIII has already been fully placed and the pledged capital fully called up. We therefore expect the new fund to be placed quickly and intend to continue the successful model of this fund series,” said Jochen Schenk, member of the management board of Real I.S. AG.
As with the previous funds, the latest BGV fund will invest exclusively in euro area countries, with a primary focus on Germany and France, supplemented by the Benelux countries and Spain. The investment strategy of the real estate speci
