Germany's Boes has unveiled plans to invest up to EUR 350 mln in commercial real estate this year after the launch in 2010 of its first spezialfonds with a spending capacity of EUR 400 mln.
Germany's Boes has unveiled plans to invest up to EUR 350 mln in commercial real estate this year after the launch in 2010 of its first spezialfonds with a spending capacity of EUR 400 mln.
'We intend to acquire 15 to 25 buildings in the seven metropolitan areas of Berlin, Hamburg, Cologne/Bonn, Düsseldorf, Frankfurt, Stuttgart and Munich, as well as in growth regions as Karlsruhe or Regensburg,' the company said in a statement.
The Berlin-based investment firm will focus on mixed-use assets offering office, logistics or production spaces.
In the past months the company has acquired 10 properties providing a total of 280,000 m2 in Berlin, Hamburg, Mainz, Karlsruhe and Stuttgart. The acquisitions were made on behalf of its Beos Corporate Real Estate Fund Germany I. For the second half of 2011, Beos is planning to issue a second spezialfonds which will invest in corporate real estate. 'The investment market for corporate real estate continues to offer many investment opportunities,' it said.
