Swiss listed investment firm Partners Group has closed its Partners Group Global Real Estate 2011 programme with $800 mln (EUR 631 mln) in equity commitments.

Swiss listed investment firm Partners Group has closed its Partners Group Global Real Estate 2011 programme with $800 mln (EUR 631 mln) in equity commitments.

Claude Angéloz, co-head of private real estate, said: 'The demand for our programme demonstrates the continued strong interest in global real estate exposure by leading institutional investors who seek diversification and attractive returns at a time when core and trophy properties are over-priced again in many of their home markets. Investors increasingly recognize the duration risk associated with core exposure in today's low yield environment.'

Partners Group proactively sourced about 2,200 investment opportunities worldwide in 2011 and executed 43 of them. 'We are pleased to report that our programme has already a high investment level at its final closing and the portfolio is valued above par. Further investments are in process of closing,' added Pamela Alsterlind, co-head of private real estate.

Partners Group is a global private investment management firm with EUR 25 bn in investment programmes under management in private equity, real estate, infrastructure and debt.