Europa Capital, the pan-European real estate investment manager, announces the launch, on behalf of its latest value add fund, of a new joint venture (the “JV”) targeting residential investments in Berlin with specialist local residential asset manager, Skjerven Group.
The JV will agglomerate a substantial portfolio of residential assets in and around the city of Berlin with short to medium term value enhancement opportunities, and target a total GAV of €150 million.
The JV recently signed its first two acquisitions with a combined GAV of c. €20 million and is in due diligence on other residential led opportunities as well as actively pursuing a pipeline of further investments.
Read the full press release now at the link below
