17 July 2017
Luxembourg
Reporter: Theo Andrew

LRI Group targets pension trusts with €600 million real estate fund


LRI Group has partnered with an unnamed German insurance group to launch a €600 million real estate fund, targeting core and core plus assets in Europe.

The group launched a specialised investment fund that is aiming to attract institutional investors such as pension funds and insurance companies.

The Luxembourg investment company is looking to utilise the flexible legal and regulatory framework of the country, targeting a diverse portfolio.

Michael Sanders, managing director of LRI Invest, said: “We are very happy about the confidence the investor has in us. LRI Group positions itself once more as an established partner for regulated German investors such as insurance companies and pension funds who want to invest in alternative investments via Luxembourg.”

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