DeA Capital Real Estate is planning to raise €500m for its debut pan-European fund.

The manager said DeA Capital Real Estate Investment Fund I will invest across the main European markets in office properties and, to a smaller extent, in hospitality and retail assets.

Emanuele Caniggia, the head of real estate of DeA Capital, said: “This pan-European ESG fund with a built-to core strategy is perfectly aligned with risk diversification on different markets.

“It successfully combines a medium/long-term real estate investment development objective with steady returns and improved energy and social sustainability. We are immensely proud of the high-calibre teams we have in every country and how they serve our investors within a shared project.”

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