Doric, Notenstein Privatbank and Quadoro launch joint open-ended special AIF for real estate

Doric Investment GmbH and Notenstein Privatbank AG, a subsidiary of Raiffeisen Schweiz, are launching their first joint open-ended special AIF for real estate. The fund – Notenstein Sustainable Real Estate Europe – complies with recently enacted German legislation regarding capital investments. Syndication of the fund is to commence on 29th September 2014. The fund‘s target equity volume is €500 million. Distributions from rental income are expected to lie at between 4 and 4.5% per year. Notenstein Sustainable Real Estate Europe is one of the first German special AIFs for real estate structured according to new legislation with strict requirements regarding