Luxembourg-based CORESTATE Capital Holding has launched special fund with target volume €200m. The fund will invest in serviced apartments in major German and European cities, such as Vienna. Structured for a large German insurance company, the fund will focus on fully equipped and furnished studio and one-bedroom apartments. “Thanks to the substantial growth of our network, we now benefit from a large pipeline of sound real estate offers. The demand of institutional investors for our individual investment vehicles continues to increase,” commented Thomas Landschreiber, CIO and co-founder of CORESTATE.