Warburg-Henderson Kapitalanlagegesellschaft für Immobilien mbH launched a new fund that will focus on the Polish and Czech retail sector. The Central European Retail Fund will target institutional investors and offer an annual return rate of 8 percent. The fund, worth €250m, has an LtV ratio of up to 45 percent. It will be focusing on acquisitions and property management in key CEE retail markets.
“With this new fund, we are aiming expand our offer with the new markets, which we perceive will have good prospects,” said Eitel Coridass, the managing director responsible for the asset management of Warburg-Henderson’s portfolio.
