Hansainvest & Wertgrund acquire alternative-KVG from PGIM Real Estate

Ridhima Sharma
clock • 1 min read

KVG Hansainvest together with Wertgrund Immobilien Gmbh has acquired PGIM Real Estate subsidiary Pramerica Property Investment Gmbh (PPI). As an Alternative Investment Fund Manager (AIFM), the PPI manages open-ended real estate funds, including the open-ended public fund WERTGRUND WohnSelect D, which was launched nine years ago and invests in residential real estate in Germany. The three companies have agreed on a deal in which the PPI goes to the two German companies. With PGIM Real Estate Germany AG, PGIM Real Estate maintains another capital management company (KVG) for the Germ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?