MPC Münchmeyer Petersen Capital AG
MPC Capital launches ESG Core residential real estate fund with a target volume of EUR 300 million together with Universal-Investment
Press Release MPC Capital launches ESG Core residential real estate fund with a target volume of EUR 300 million together with Universal-Investment Hamburg/Frankfurt, 4 February 2021 – MPC Capital AG (Deutsche Börse Scale, ISIN DE000A1TNWJ4), an international manager of real asset investments, is launching ESG Core Wohnimmobilien Deutschland together with Universal-Investment as Alternative Investment Fund Manager (AIFM). The fund is issued as an open-ended Special Alternative Investment Fund (Special AIF). MPC Capital focuses on asset management and Universal-Investment on administration, risk management and reporting. The fund will have a total investment volume of EUR 300 million and will invest in real estate projects that consistently meet a comprehensive set of sustainability criteria. Implementation of the ESG strategy First Closing over EUR 80 million Selection of assets based on ESG Scoring Model Thus, the locations and properties that come into question for a purchase must meet special requirements that are based on energy, social and corporate ethical aspects. These include, for example, the overfulfillment of energy standards, the integration of mobility concepts or the proportion of subsidized and barrier-reduced living space. Due to the high demands on energy standards, the portfolio will mainly consist of new buildings. First properties to be purchased swiftly Dr. Ludwig Vogel, Managing Director Real Estate at MPC Capital: “A significant increase in the number of households with simultaneously decreasing household sizes is currently offset by a significant undersupply of apartments – especially in Germany’s future cities. At the same time, rising construction costs and land prices as well as the high capacity utilization of construction companies are leading to a persistent excess demand. With an investment fund consistently focused on sustainable, affordable housing, we are thus hitting the nerve of the times”. “With MPC Capital, we have been able to secure another well-known asset manager as a fund initiator for our services as an Alternative Investment Fund Manager. Our business is developing very dynamically in this segment as well. The increasing specialisation towards asset management or capital management services in the real estate sector also contributes to this. We are therefore very pleased to be able to launch a fund with a convincing strategy together with MPC Capital,” explains Katja Müller, Chief Customer Officer of the Universal Investment Group. MPC Capital has been active as an asset and investment manager in the real estate segment for over 25 years. Since then, the Hamburg-based company has structured and financed more than 400 commercial and residential real estate investments in nine countries. With the launch of ESG Wohnimmobilien Deutschland, MPC Capital is further expanding its role as an investment manager of real estate investments for institutional investors. About MPC Capital AG More information: www.mpc-capital.com About Universal-Investment More information: www.universal-investment.com Contact End of Media Release Issuer: MPC Münchmeyer Petersen Capital AG Key word(s): Real estate
04.02.2021 Dissemination of a Press Release, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | MPC Münchmeyer Petersen Capital AG |
Palmaille 75 | |
22767 Hamburg | |
Germany | |
Phone: | +49 (0)40 380 22-0 |
Fax: | +49 (0)40 380 22-4878 |
E-mail: | kontakt@mpc-capital.com |
Internet: | www.mpc-capital.de |
ISIN: | DE000A1TNWJ4 |
WKN: | A1TNWJ |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1165576 |
End of News | DGAP Media |