Closed Fund

Österreich Fonds Nr. 2

A diversified commercial property portfolio invested across Austria.

Key facts

Target sector Retail, office and logistics
Target return Target annualised IRR of 7% per annum on Invested Capital over the life of the Fund. Target distribution yield of 6% per annum on Invested Capital, on average, over the life of the Fund.
Fund structure Closed-ended
Fund term 2022/2023
Currency Euro
Fund value €300m
No. of assets 12
Max gearing 50%
Fund Manager Roman Lobsch
Investment strategy The Fund invests in a diversified commercial property portfolio across Austria. The investment focus is on core to core-plus retail properties in established, competitive locations across Austria, logistic properties in well-located hubs, and office properties in Vienna. The strategy is focused on strong asset management in order to optimise the tenant mix and lease terms.

Note: Target returns are not guaranteed.
Source: TH Real Estate, December 2016

Roman Loebsch

Roman Löbsch

Fund Manager

Roman's biography
The Fund continues to perform well, and we are confident that the Fund will provide stable and attractive returns to investors, particularly following a new office investment in Vienna.