Henderson Global Investors' joint venture partnership in Germany, Warburg - Henderson, reports on a successful year for 2010.
Warburg - Henderson executed 960 million of transactions in 2010: 690 million in acquisitions and 270 million of disposals. Although the majority of investments were in Germany and the UK, selective investments also took place in Spain and the Benelux. The figure places Warburg Henderson as one of the most active investors in the real estate 'spezial funds' sector.
Warburg - Henderson hopes to invest a similar amount throughout 2011 and is confident of a strong pipeline of activity. It remains confident on both the outlook and demand from investors, for the German real estate market.
Henning Klöppelt, Managing Director, commented: "We are fortunate to have had the support and confidence of our investors who have provided us with a total of 600 million in new equity commitments throughout the year.
"Our expertise and excellent access across the marketplace has allowed us the opportunity to invest in the right place at the right time.
"We remain focused on the solvent European market, particularly Germany and France, with a preference for core plus investments. However where appropriate opportunities arise, we will also invest in the value add segment in Germany. In the UK we remain interested in selective retail opportunities for which we forecast an optimistic outlook."
Source: Henderson Global Investors