New impact fund KGAL Core 5 LIFE reaches first closing and acquires sustainable residential property in Málaga

KGAL Core 5 LIFE, one of the few Article 9 residential real estate funds with a European focus, has received capital commitments in the hundreds of millions.

The fund takes advantage of the current market cycle with increased initial yields and is scored against stringent ESG criteria. KGAL Investment Management used part of the fund’s equity to purchase a newly-built BREEAM-certified property in Málaga in southern Spain with 142 residential units.

You can now read the full press release at the link below

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