Project launches German real estate fund

German real estate asset manager Project has announced the launch of “Vier Metropolen II” an Aifmd compliant real estate fund investing in urban real estate projects across Germanys four biggest cities as of January 2016.

The fund aims to follow up on the strategy of Project’s existing real estate fund by investing predominantly in residential real estate, including at least six objects in at least three cities.

With a minimum subscription of €5m, it is targeted at institutional investors. It aims to achieve an annual return between 7 and 9%, it will have a project volume of up to €250m.

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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