The information was given by Rolf Zarnekow and Olaf Bruns, responsible for investment and fund management of the Hamburg-based company, according to which the company will launch its first logistic fund in southern Europe, focused on spaces in Spain, Portugal and Italy, and in attracting institutional investment between €200 and €500 million, with an investment capacity of up to 500 million. This fund will have a core and core-plus strategy, with return rates between 7% and 8%.
Also according to the Spanish Real Estate, it is in the pipeline a fund for real estate development in Spain, or a fund for housing leased in cities such as Madrid, Barcelona and Malaga. Will be raised between €200 and €300 million for the acquisition of existing assets.