Three funds with an investment focus on Germany launched during May and a further two funds for the German market closed.

Savills Investment Management announced the launch of a new fund for retail properties in Germany, aiming to raise €500 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 across 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.

Germany remains an attractive market. Germany was ranked second in Real Capital Analytics’ “Most Active Countries” chart. In Q1 2016, the German market’s sales volume totalled approximately €9.9 billion, a –36 percent year-on-year change. The Berlin