ECE Real Estate Partners launches first open-ended European shopping centre fund
Hamburg / Luxemburg, July 4, 2019 – Retail real estate specialist ECE Real Estate Partners has set up an open-ended pan-European shopping centre fund. The new “ECE Progressive Income Growth Fund” (EPIG Fund) has secured equity commitments of more than EUR 700 million from a leading global institutional investor base and has acquired a seed portfolio consisting of dominant shopping centres in Germany, Austria, Denmark, Poland and Italy with a market value in excess of EUR 1.6 billion. For the upcoming years, further acquisitions of dominant European shopping centres are planned.
Media contact:
ECE Real Estate Partners G.m.b.H.
Mr. Lukas Nemela
Phone: +49 (0)40/60606-6898
Mail: info@ecerep.com
www.ecerep.com