Allianz Global Investors (AllianzGI) has announced the first close of the Allianz Global Real Estate Debt Opportunities Fund (AGREDO) at EUR515 million (US$548 million). Launched in February 2022, the AGREDO enables investors to invest alongside Allianz and aims to provide them with access to a globally diversified portfolio of real estate debt opportunities with strong downside protection.
The AGREDO invests in real estate debt funds and co-investments that finance real estate assets and development projects globally. The portfolio diversification is targeted by investing across geographies, segments, vintage years, sectors and financing situations. The fund will invest in different sectors, covering residential, logistics, and office, but also niche segments such as student housing or science parks.
Femern A/S has awarded a DKK4 billion (US$585 million) design-build contract for electrification services for the Fehmarnbelt tunnel project.
Read moreKasseler Verkehrs- und Versorgungs-GmbH (KVV), a holding company of the city of Kassel, has launched a tender seeking a legal advisor for the revitalization of the administration center PPP project in...
Read moreThe European Investment Bank (EIB), KfW IPEX-Bank and NORD/LB have provided EUR189 million (US$205.89 million) to finance the expansion of public transport in the Chemnitz region.
Read moreAedifica has invested EUR7.5 million (US$8.24 million) in the acquisition of a fully operational care home, An der Therme, in Mühlhausen, Germany. An der Therme is located in a residential...
Read moreAllianz Global Investors has announced that its second European infrastructure equity fund has reached its first close at EUR880 million (US$966.53 million). Launched in December 2021, the Allia...
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