Scope has affirmed its opinion of the very good quality and expertise of Real I.S.
The credit rating of AA (AMR) assigned to Real I.S. by the rating agency Scope Analysis GmbH in 2024 remains very good, although it comprises a slight downgrade in asset management rating (AA+ (AMR). This represents Scope’s continuing recognition of the company’s very good quality and expertise in real estate investment management.
Scope praised in particular the expertise of the two top management levels, the very high quality standards and the above-average asset management performance. This shows that the asset management strategies of the company are well positioned in volatile times as well. Real I.S. uses such a phase to strategically develop its portfolio and to secure its investor value proposition in the long term.
Assets under management totalled 12.4 billion euros at 31 December 2023.
Scope has affirmed its opinion of an above-average asset management performance, which enables a consistently high occupancy rate of 96.4 percent as at the end of the past year.
Overall performance (average distribution after tax) of all 49 retail real estate funds, including liquidated investment funds, launched by Real I.S. in Germany and other countries stood at around 4 per cent per year at 31 December 2023, which corresponds to the level of the previous year.
Scope Analysis is the leading European provider of investment fund and asset manager ratings. Among the companies rated are Commerz Real and DekaBank Deutsche Girozentrale in the property segment, DWS in the German real estate segment and Union Investment in the real estate segment.