Scope Alternative Investment Award 2019
Category: Retail Real Estate Global
Winner: Real I.S.
Real I.S. has won the Scope Alternative Investment Award 2019 in the "Retail Real Estate Global" category for its "Bayernfonds Australien" fund series. Apart from Real I.S., Deka Immobilien, DWS, Union Investment Real Estate and Unicredit subsidiary Wealthcap were also nominated. Along with Real I.S.'s outstanding expertise on location, the jury found its active asset management and good performance over a longer period compelling.
The "Bayernfonds Australien" fund series is meanwhile entering its 13th year and comprises nine funds issued. The investment focus is placed on office properties in Adelaide, Melbourne, Sidney and the capital city of Canberra. Placement of the ninth closed-ended private investment fund with an office property in Canberra will commence in the first quarter of 2019.
We are delighted by this positive assessment of our active asset management performance in Australia. We intend to follow on seamlessly with the new tenth Australia fund.
Real I.S. was once again given an AA+ (AMR, very high quality) by rating agency Scope in 2018 for its fund/asset management business model.
The ceremony for the prizes awarded by Scope Analysis and the Handelsblatt took place last Thursday at a festive event in Humboldt Carré Conference and Event Centre on Gendarmenmarkt in Berlin.
The asset management of private investment funds and institutional fund products in the alternative investment segment were assessed in a total of 16 categories. Evaluation criteria included investment management, operational asset management and track record.