Asset Manager Real IS AG has completed the investment phase of real estate specialist AIF “BGV VII Europe” and has undertaken the third phase of construction of the residential property “Marina Village” in Greystone, Ireland.
According to Real IS, the property includes 134 residential units, a total of 12,600 square meters, just south of Dublin in the coastal city of Greenstone. With the acquisition Project The fund has reached its target of around ഒരു 1 billion.
The property contributes to the further diversification of the fund and the stabilization of the supply. The growing recovery of the Pandemic, and especially the Irish economy, makes this investment the ultimate investment for our ‘BGV VII Europe’, ”explains Jochen Schenk, CEO of Real ISAG.
Alternative Investment Fund (AIF) “BGV VII Europe” focuses on core and core plus investments. Investments are focused on the euro area only – with a focus on Germany and France, including Benelux countries, Spain and Ireland. The portfolio includes logistics and residential properties as well as office and retail properties. We are now in the process of continuing a successful series of diverse pan-European portfolio funds with our investors using “BGV IX”, “Zhenk said.
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