Publications

Fundraising - OCTOBER 21, 2014

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

Sign in Start Your Free Trial Now View Purchase Options

Warburg-Henderson closes German property special fund

by Andrea Waitrovich

Hamburg-based Warburg-Henderson has announced a final close for a new property special fund, Warburg-Henderson Germany High Income Fund.

The open-end fund, a Spezialfond in accordance with the German Capital Investment Act, invests in commercial assets with a focus on office properties and follows a core-plus risk/return profile.

The firm didn’t disclose a final amount raised; however, Warburg-Henderson has started investing the fund’s capital. The fund acquired a portfolio consisting of eight commercial assets located in six German cities, including Munich and Frankfurt. The seller of the portfolio was Dibag AG, and the sales price was €300 million ($381.8 million). With an occupancy rate of 97 percent, the portfolio was fully leased at the time of acquisition. 

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