Peakside Capital Advisors is planning to raise €200m on a blockchain-powered platform for a newly launched German office properties fund.
The European investment manager has launched the core and core-plus Peakside Income Fund I vehicle on ScalingFunds platform.
The fund, which will focus on office properties across first- and second-tier cities in Germany, will target asset sizes in the range of €15m and €75m, with a maximum leverage of 50%.
Stefan Aumann, founding partner of Peakside Capital Advisors, said: “Specifically, we are looking to utilise the advances in digital technology to increase liquidity and transferability in the property fund sector as well as to broaden our investor base.
“We can now offer our institutional-quality investment products at smaller minimum investment sizes to qualified investors who would otherwise not have the opportunity to invest with us.”