Empira launches real estate debt fund

Empira launches real estate debt fund

Empira Group, investment manager for institutional real estate investments in German-speaking Europe, has launched Empira Real Estate Finance fund IV, the company's fourth debt fund by now. "The new fund offers an innovative Joint-Venture-approach," said Lahcen Knapp, CEO of Empira Group. The product combines mezzanine capital with relatively low current interest rates and a share in the financed property. The fund's volume is €500m and a first loan has already been handed out. The f...

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