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.”

More news
The latest news from Real Estate Investment Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Walkie Talkie deal is UK's biggest, over
27 July 2017 | London | Reporter: Mark Dugdale
Hong Kong conglomerate LKK Health Products Group has bought 20 Fenchurch Street for £1.23 billion, the largest ever UK single-property deal
CPPIB invests £250 million intu properties
27 July 2017 | Manchester | Reporter: Theo Andrew
The junior security will help facilitate the asset manager’s corporate business plan, and is supported by intu’s ownership of the 1.9 million-square foot Trafford Centre in Manchester
Nelson Mullins adds real estate attorney Sue Davis to Boston office
27 July 2017 | Boston | Reporter: Theo Andrew
Prior to joining Nelson Mullins & Scarborough, Davis spent 12 years at Riemer & Braunstein, most recently as partner
Allianz finances Liffey Valley for German pension fund
27 July 2017 | Dublin | Reporter: Theo Andrew
The seven-year fixed-rate loan was made on behalf of several Allianz entities at an “attractive all-in rate and a conservative loan-to-value ratio”
Dillon Eustace names head of real estate
26 July 2017 | Dublin | Reporter: Theo Andrew
O’Hara is the second real estate partner appointment at Dillon Eustace in four months, after Martin Colman joined the firm in March
UBS AM strengthens ties in Madrid
26 July 2017 | Madrid | Reporter: Theo Andrew
UBS Asset Management’s Real Estate and Private Markets business has acquired an office building in Madrid for €38.5 million
Universities Superannuation Scheme invests in UK water
26 July 2017 | London | Reporter: Mark Dugdale
The Universities Superannuation Scheme has secured a 10.94 percent stake in Thames Water, the UK’s largest regulated water utility company