Publications

Fundraising

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

Sign in Start Your Free Trial Now View Purchase Options

Savills Investment Management launches German retail fund

by Andrea Waitrovich

Savills Investment Management has announced the launch of a new fund for Germany retail properties, aiming to raise €500 million ($570 million).

German Retail Fund 2 – High Street Plus will invest in retail properties in prime locations in towns and cities throughout Germany. Core and core-plus assets are highly attractive and stable in value in larger Germany, creating a highly competitive environment. The fund will deploy 70 percent of its capital into economically strong medium-sized towns, while only 30 percent will be invested in major cities. The fund will also consider value-added investments.

The fund has already raised capital and invested its capital. The purchase agreement for the first property has already been signed, comprising a commercial building in a prime area of Regensburg.

Germany is ranked second in Real Capital Analytics “Most Active Countries” chart. During the first quarter 2016, the German market’

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?