Following the success of two previous funds, TH Real Estate has launched its third Austrian-focused real estate investment product.
The open-end special property fund – an investment club vehicle - presents an attractive investment opportunity for German investors, looking to access retail and office real estate investments across Austria. The core vehicle will target a maximum equity of €250m.
With an AUM of €641m, the Austrian team already has a strong portfolio of retail and office assets under management across the region.
Roman Löbsch, Senior Portfolio Manager, will be the Asset Manager for the Austria Investment Club and will work with the firm’s local investment team to source opportunities.
David Moese, Head of Investment in Austria for TH Real Estate, said: "The planned launch of this product highlights the success of our Austrian property portfolio which includes assets from the two Austria Funds previous launched. We favour retail and office assets for their outperformance over the long term."
The planned fund is administered via the platform of the Service KVG IntReal.
