Monthly Real Estate Investment Fund Indicators – August 2018

18 September 2018

In August 2018, the amount real estate investment funds (FII), special real estate investment funds (FEII) and real estate asset management funds (FUNGEPI) had under management amounted to 10.8905 billion euros, an increase of 31.2 million (0.29%) since July.

The amount invested in real estate investment funds fell by 0.2% to 7.8263 billion euros. AUMs in FEIIs increased by 1.9% to 2.5747 billion euros and in FUNGEPIs fell by 0.2% to 489.5 million euros.

In the period under review, European Union countries were the destination of the totality of the investments made in real estate assets, with 43.7% of the asset under management in IFIs and FEIIs open portfolios invested in real estate in the services sector. The investments made by FUNGEPIs were mainly aimed at the commercial sector (44.4% of the total).

Interfundos (14.9%), Norfin (11.8%) and GNB (10.2%) had the highest market shares.

In August, the Retail Properties – Closed Real Estate Investment Fund, managed by Atlantic, became a special real estate investment fund, and the name was changed to Retail Properties – Closed Special Real Estate Investment Fund.

Original Story: CMVM

Translation: Richard Turner