BEOS Corporate Real Estate Fund Germany IV (CREFG IV) was launched in October 2018, almost at the same time as the sale of unit certificates by CREFG I’s existing investors. It is the first fund managed by BEOS to be launched by Swiss Life Kapitalverwaltungsgesellschaft mbH (Swiss Life KVG). In November 2018, the acquisition of the Laetitia portfolio of 32 corporate properties enabled a significant portion of the target fund volume of EUR 1.1 billion to be invested.
Like its predecessors, CREFG IV invests in corporate real estate in Germany’s Top 7 conurbations and in growth regions such as Hanover, Karlsruhe, Ulm, Nuremberg and Regensburg. The open-ended real estate special-AIF has a target distribution of 5.5 to 6.0 percent per year, after costs and fees.