Real Capital (Holding), a regional real estate investment group, has launched a special purpose investment fund, Real Berlin 4, to invest in Berlin real estate. Like its predecessors, Real Berlin I, II and III, Real Berlin 4 plans to seize real estate investment opportunities in the capital of Germany where properties trade at a substantial discount to other European cities.
In the past 3 years, Real Capital purchased, via various affiliates, fifteen income-generating residential and commercial buildings in various districts of Berlin. According to its general partners, lead by Karim Salameh and Karim Sinno, the fund will focus on rented properties as well as opportunistic developments that are expected to produce safe and alluring returns on invested capital.
Real Berlin 4 is the fourth and largest Berlin investment vehicle launched by Real Capital, which pioneered MENA structured investments in the capital of Germany.
Source: Real Capital