Patrizia raises EUR millions via new real estate fund

Patrizia Multi Managers -- formerly Copenhagen's Sparinvest Property Investors -- has hauled in millions of euros after closing the first investment round in its fifth real estate fund. The fund's target is to reach EUR 700 million.

Mads Rude, CEO of Patrizia Multi Managers. | Photo: PR.

Patrizia Multi Managers has raised EUR 182 million at the first closing of its fifth real estate fund. The target is to reach an equity of EUR 700 million over the next few years, according to a company announcement.

In 2017, Augsburg-headquartered asset manager Patrizia took over Copenhagen-based real estate fund provider Sparinvest Property Investors and named it Patrizia Multi Managers. Mads Rude, CEO of Patrizia Multi Managers, says in the announcement that existing investors have backed the new fund.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Further reading

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch