- November 1, 2011: Vol. 5, Number 10

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

Henderson German Retail Fund Raises €85 Million


The Henderson German Retail Income Fund (HGRIF), which is sponsored by Henderson Global Investors, has raised €85 million in equity. With leverage, the fund will be able to begin investing €170 million in core German retail properties. The fund is still open and has an eventual target size of €300 million.

“This fund offers German and Austrian institutional investors direct access to prime retail assets — traditionally underallocated within German institutional investor portfolios — while simultaneously profiting from our experience and expertise,” says Thilo Wagner, HGRIF’s fund manager.

The fund, which targets German retail parks with a supermarket anchor, has already begun investing. Its first investment was an 8,500-square-metre retail park, Hürther Bogen. The property, located near Cologne, was acquired for e15 million from a private investor.


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?