Swiss Life issues €250mn ABBA fund


Swiss Life Asset Managers has issued a new fund for German institutional investors through its German Swiss Life KVG. The "SL REF (DE) Key Regional Cities Germany" fund invests in office properties in 26 selected German cities.

The fund plans to invest up to €250mn. Purchases will be made in accordance with the so called "ABBA" scheme, i.e. in the seven A-cities with B-locations or in B-cities with A-locations.

The focus is on multi-tenant properties predominantly used as offices. Swiss Life has already acquired two properties for the fund: the "Sheridan Tower" in Augsburg and the office building at Munzinger Straße 5 in Freiburg.


Lu 866 fois