HFS: New financing fund on the market
HFS Helvetic Financial Services AG, a provider of mezzanine financing in the German-speaking residential and commercial real estate market, is adding a real estate bond fund to its product portfolio.
According to Helvetic Financial Services AG, a member of the Corestate Group, the Stratos VI real estate bond fund is set up as a special AIF fund (German special fund) and is aimed at professional and semi-professional investors. High-yield development and portfolio properties from the residential and commercial real estate sector in the DACH region are financed.
The target return of the recently approved fund is over 5 percent, HFS said. The fund is expected to have a volume of around 500 million euros by the end of 2021 and aims to expand to around 1 billion euros in 2022. (bw)
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