IntReal the specialist fund administrator for property mutual funds and property special funds in accordance with the German Investment Act, has experienced significant growth over the past year.
Established by Henderson Global Investor's joint venture partnership in Germany: Warburg - Henderson, IntReal provides a full range of services to fund managers, including launching and administering property funds, fund accounting and controlling, and fund reporting and risk management
Having facilitated its first fund launch in December 2009, 2010 saw the launch of four further new property special funds for its German and European partners, totaling an investment volume of circa. 1.7 billion.
Michael Schneider, Managing Director says: "We have witnessed high demand for this business model as property companies increasingly recognize the attraction of institutional money. This is coupled with increasing demand for the property sector from the institutions themselves."
The platform is poised for additional growth with five further funds, with an estimated investment volume of 1.5 billion, preparing to launch in the near term.
The funds represent a variety of risk and return classes and sectors.
Source: Henderson Global Investors