Montano Real Estate GmbH
Montano Real Estate launches an open-ended real estate special fund in the Public Sector segment
DGAP-News: Montano Real Estate GmbH
/ Key word(s): Funds
Montano Real Estate launches an open-ended real estate special fund in the Public Sector segment – First closing for multi-investor fund “Montano Public Sector Fonds I” with a balanced risk-return profile – Next consistent step in the expansion of Montano’s range of services Munich, 3 March 2022 – Montano Real Estate GmbH (“Montano”, www.montano.eu), one of the leading independent investment managers in the German commercial real estate market, has successfully launched a multi-investor special fund together with IntReal as service KVG. This further implements the announced expansion of the service portfolio with own investment products. In a first closing, the “Montano Public Sector Fund I” was able to acquire significant equity commitments and thus already has a total investment volume in the three-digit million euro range at its start. The fund is to invest a total of 500 million euros. The “Public Sector Fonds I” focuses on core properties in the area of office and special real estate with government or government-related users. The attractiveness of this asset class is due, among other things, to the fact that government-related users are always tenants with very good credit ratings who are interested in long-term leases due to high barriers to relocation. Several studies[1] show that the rental market with public sector tenants has proven to be very robust, even during the Corona crisis. Montano already has many years of experience and a very good network in the area of properties let to government users. When selecting investment properties, Montano pursues ecological characteristics. The fulfilment of corresponding criteria is already evaluated by Montano in the acquisition process and taken into account in the fund’s investment decision. This takes into account the increasing relevance of the sustainability issue for the public sector. In addition, the fund qualifies under Art. 8 of the EU-Disclosure Regulation. “I am very pleased about the trust that institutional investors have placed in us. It is the basis for us to announce the first closing of our Public Sector Fund today,” says Ramin Rabeian, co-founder and Managing Partner of Montano Real Estate. “This is the next logical step in the expansion of Montano’s range of services. More are to follow this year. In this respect, I am already confident that we will achieve the ambitious growth targets we have set ourselves for this year.” IntReal International Real Estate Kapitalverwaltungsgesellschaft acts as the fund’s service KVG and BNP Paribas Securities Services acts as the depositary bank. Note: The risk and return of a fund investment depend on the investment strategy and the market development of the individual asset components of the fund. About Montano Real Estate Legal notice The fund is an open-ended special AIF with fixed investment restrictions pursuant to section 284 KAGB and may not be distributed to private investors within the scope of section 1 (19) no. 31 KAGB. The future performance of the fund also depends on the investor’s personal situation with regard to taxation and may change in the future. Please note that this document does not constitute or replace legal or tax advice. This document and the assumptions contained herein have been prepared with care and in reliance on the accuracy of data provided to us by third parties, however, we cannot guarantee the accuracy, completeness or timeliness of this information. In addition, the parameters underlying this document are subject to change and it is possible that these assumptions may not be maintained at a later date.
03.03.2022 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Montano Real Estate GmbH |
Lenbachplatz 5 | |
80333 München | |
Germany | |
Internet: | https://www.montano.eu/ |
EQS News ID: | 1292985 |
End of News | DGAP News Service |