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Credit Suisse Asset Management Global Real Estate has acquired two mixed-use buildings in Warsaw, Poland, and two dry-storage warehouses in the Seoul Capital Area, South Korea, on behalf of its real estate funds. The four properties further strengthen the investment vehicles’ international presence in lucrative real estate markets.
In our view, the current environment in Europe remains favourable for value-added investments.
The building sector has been identified as one of the key areas in which improvements in energy efficiency can be realised. In fact, the real estate sector accounts for more than 40% of the energy demand in Europe, which has a significant impact on global warming and greenhouse gas emissions (CO2).