Warburg-HIH Invest launches two retail property funds
Warburg-HIH Invest Real Estate GmbH has announced the launch of two new retail real estate funds for institutional investors.
The funds, Warburg-HIH Perspektive Einzelhandel Deutschland Invest and Warburg-HIH Perspektive Einzelhandel Deutschland Invest II, will each target investment volumes of between €400 million and €450 million ($460 million and $517 million). The funds are expected to invest in retail real estate in fast-growing locations in Germany.
“Germany remains an attractive market because of its sheer size and its robust economic situation,” said Alexander Eggert, managing director of Warburg-HIH Invest and in charge of the product, company and fund management division, in a statement. “International brands are keenly interested in maintaining a footprint in the E.U.’s largest retail market.”
In addition to Germany’s seven largest cities, eligible destinations include other major cities with fa