By Richard Hook2019-01-25T13:33:00
Asset manager DWS’s European real estate business completed a record €4.6bn (£3.9bn) of real estate transactions for its open-end real estate mutual funds and institutional segregated funds, close to €1bn ahead of its 2017 level.
In addition, DWS invested €740m in debt funds and debt mandates during 2018 to break the €5bn barrier for annual transactions for the first time. The fund predicts continued growth in 2019 having acquired 21 properties for €1.95bn for its three open-end real estate mutual funds and its closed-end funds over the past 12 months.
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