Patrizia raises EUR millions via new real estate fund

Patrizia Multi Managers -- formerly Copenhagen's Sparinvest Property Investors -- has hauled in millions of euros after closing the first investment round in its fifth real estate fund. The fund's target is to reach EUR 700 million.

Mads Rude, CEO of Patrizia Multi Managers. | Photo: PR.

Patrizia Multi Managers has raised EUR 182 million at the first closing of its fifth real estate fund. The target is to reach an equity of EUR 700 million over the next few years, according to a company announcement.

In 2017, Augsburg-headquartered asset manager Patrizia took over Copenhagen-based real estate fund provider Sparinvest Property Investors and named it Patrizia Multi Managers. Mads Rude, CEO of Patrizia Multi Managers, says in the announcement that existing investors have backed the new fund.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

The ESG market is controlled by a few big investors

Finland's largest investor holds 62 percent of shares of multi-trillion ETFs offered by iShares and 64 percent of Xtrackers' equivalent offering. Having a few investors dominating ownership in this way is not good for the vehicles' liquidity and could be a big challenge facing the sector.

"We continue to see further growth in our Nordic book of business"

DECEMBER SERIES: What were the most important developments at some of the global asset managers present on the Nordic market in 2021, and what are their expectations for the coming year? AMWatch's December series is kicked off by Head of Nordics at State Street Global Advisors, Arnaud Bruyneel. 

Further reading

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch