d.i.i.: New Spezialfonds invests in existing apartments
D.i.i. Investment has launched another closed-end real estate Spezialfonds with a target investment volume of roughly €220mn and €80mn in equity. The “d.i.i. 10” is intended for family offices, wealthy private investors, and foundations that subscribe at least €200,000. The fund invests in existing apartments with value-add potential – mainly in the metropolitan regions Rhein-Main, Hamburg, Cologne, Düsseldorf, Berlin, and in mid-sized cities. The expected return is 9 to 9.5 %, distribution will be quarterly with a term until 2026. The predecessor fund “d.i.i. 9” has been invested since September.
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