Hamburg Trust launches first open-ended fund for insurer
Hamburg Trust has launched its first open-ended fund for a German insurer. “HT Office Top 30 Invest” invests in office and commercial properties in prospering mid-size and large cities as well as in Germany’s Big 7 cities. Its focus is on properties with several tenants, and considers both new buildings and existing properties, as well as forward deals. Initially, an investment volume of €150mn is expected with an equity ratio of over 50%.
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