.
- Fund attracts almost EUR 486 million (USD 766 million) of equity from investors
- Target investment volume of EUR 2.0 billion (USD 3.2 billion) despite subprime crisis
CORESTATE Capital AG has completed the capital raising for its real estate private equity fund, CORESTATE German Residential Limited, as planned. The fund attracted EUR 486 million (USD 766 million) from institutional investors. This was announced by the Swiss-based investment house today.
The fund invests directly and indirectly in German residential real estate. The total target investment volume is around EUR 2.0 billion (USD 3.2 billion), of which approximately 50% has been acquired.
- Fund attracts almost EUR 486 million (USD 766 million) of equity from investors
- Target investment volume of EUR 2.0 billion (USD 3.2 billion) despite subprime crisis
CORESTATE Capital AG has completed the capital raising for its real estate private equity fund, CORESTATE German Residential Limited, as planned. The fund attracted EUR 486 million (USD 766 million) from institutional investors. This was announced by the Swiss-based investment house today.
The fund invests directly and indirectly in German residential real estate. The total target investment volume is around EUR 2.0 billion (USD 3.2 billion), of which approximately 50% has been acquired.
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