Prelios plans first German retail property fund

Apr 14 2016
  • Closed-end real estate fund with targeted volume of EUR 280 million geared towards German and international institutional investors
  • Investment focus on inner city and out-of-town shopping centres, Fachmarktzentren, department stores and high-street retail units
  • First Prelios fund in Germany; already 29 funds with a total volume of EUR 3.5 billion AUM in Italy
  • The “Separate Account Investment Management” service is also to be expanded for investors without their own platform in Germany