“Attractive, long-term leased office and commercial properties offer good returns on January 31, 2009 the SHB innovative fund concepts AG Furstenfeldbruck and Munich Fund KG objects has the SHB innovative fund concepts GmbH & co. with its fifth Fund,” the equity capital placement prospects completed successfully as. The Fund has a prospektiertes equity capital of EUR 167 million and a total investment volume of EUR 359 million. He was laid in April 2007 and is investing in four commercial and leased out large estate in Munich and Furstenfeldbruck. With this placement result SHB was able to position again himself last year on a top position among the suppliers of closed-end real estate funds with German objects.
“Continue, the demand for profitable real estate is large and the market offer very limited, so we present an attractive alternative with our Fund”, says Thomas Vogel as Director sales of the SHB innovative fund concepts AG. The Group offers targeted funds already since 2001 German Office and commercial real estate to. With these SHB will allow investors, security-oriented asset class of over the long term of Office and commercial real estate in Germany to expand its portfolio. Real Estate Fund has designed with a projected total investment volume of around EUR 1.8 billion since inception SHB. With the rapid sale of the Fund we have also shown in particular against the background of a market environment has become more difficult, that we succeeded our partners in the sales, to present the advantages of the SHB real estate Fund targeted”, added bird. The distribution is supported by five different types of participation that allow one time investors as well as rate savers to participate in Office and commercial real estate managed by the benefits and long term rental in best locations. Half-yearly dividends and an early capital repayment option for some types of participation complement the offer. SHB innovative fund concepts AG the SHB is one of the leading bank-independent fund initiators in the German investment market. You sets nationwide closed-end real estate funds and invested in completed and leased commercial properties in major cities. Since its inception in 2001, the SHB has already designed a fund investment volume of EUR 1.8 billion.