Publications

- July 1, 2016: Vol. 10, Number 07

To read this full article you need to be subscribed to Institutional Real Estate Europe

Funds gearing up for German real estate

by Andrea Waitrovich

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

For reprint and licensing requests for this article, Click Here.

Forgot your username or password?