EIREF on course for growth

The Edmond de Rothschild Euro Industrial Real Estate Fund (EIREF) has reached the €100 million gross asset value mark and plans to invest in Germany in the future.

The real estate fund EIREF plans acquisitions in Germany (Image: Pixabay)

The Edmond de Rothschild Euro Industrial Real Estate Fund (EIREF), which focuses on light industrial and logistics properties, was launched in 2019 and has so far grown through portfolio and individual acquisitions in the Netherlands. Currently, the fund portfolio includes 17 properties with a gross asset value of €100.3 million. According to Theo Soeters, fund manager at Edmond de Rothschild REIM, the properties are 100% leased with an average lease term of seven years.

In the future, EIREF plans to expand through acquisitions in Germany, focusing on properties in urban locations with excellent transport links. The German market offers "excellent infrastructure and strong economic prospects," says Soeters.

The fund has a core-plus risk profile and is expected to grow to at least €250 million in the medium term. (ah)

(Visited 43 times, 1 visits today)

More articles on the topic