Hamburg, 3 November 2021 – The ESG Core Wohnimmobilien Deutschland fund initiated by MPC Capital (Deutsche Börse Scale, ISIN DE000A1TNWJ4) has purchased another property. The apartment building is located in one of the best residential areas in Münster in the Sankt Mauritz district. The building has 48 residential units between one and four rooms, comprises around 2,520 square metres of living space and was newly built or refurbished in accordance with the KfW 55 energy standard. The property is already fully let. The total investment is EUR 13 million.
The special AIF (Alternative Investment Fund) ESG Core Wohnimmobilien Deutschland is one of the first financial products in the real estate asset class in Germany to be authorised as a financial product under Article 8 of the Disclosure Regulation. The EU Sustainable Finance Disclosure Regulation (SFDR), which came into force in March 2021, is intended to lead to more transparency in the European market for financial products with regard to sustainability issues. Funds that take into account environmental and social characteristics as well as good corporate governance (ESG), among other things, will be certified as so-called Article 8 products.
ESG Core Wohnimmobilien Deutschland was launched together with Universal-Investment as an open-ended special AIF. The fund is to comprise a total investment volume of more than EUR 300 million and invest in a targeted manner in real estate projects that consistently meet a comprehensive catalogue of ESG criteria.
The central investment criterion of the fund is the development of a sustainable residential real estate portfolio. By using a scoring model developed specifically for this fund, target properties are identified that meet a number of quantitative and qualitative sustainability criteria, also along relevant UN sustainability goals.
About MPC Capital (www.mpc-capital.com)
MPC Capital AG is an internationally active asset and investment manager specialising in real asset investments. Together with its subsidiaries, the company develops and manages investment products for international institutional investors, family offices and professional investors. Its focus is on the asset categories Real Estate, Shipping and Infrastructure. MPC Capital AG has been quoted on the stock exchange since 2000 and has around 200 employees group-wide.
More information: www.mpc-capital.com
About Universal-Investment (www.universal-investment.com)
The Universal-Investment Group is one of the leading European fund management services and Super ManCos with around 710 billion euros, more than 1,900 mutual and special fund mandates, and more than 1,000 employees at the locations Frankfurt am Main, Luxembourg, Luxembourg, Dublin and Krakow. Founded in 1968, the company is an independent platform offering fund initiators and institutional investors structuring and administration solutions as well as risk management for securities, real estate and alternative investments. The companies UI Labs, UI Enlyte and CAPinside round off the group's innovative service offering. The company is a signatory of the UN Principles of Responsible Investment and a member of the Forum Nachhaltige Geldanlagen e. V. (Sustainable Investment Forum). (as of 30 September 2021)
MPC Capital AG
Stefan Zenker, Gabriele Gottschalk
Investor Relations & Corporate Communications
Tel. +49 (40) 380 22-4200
Head of Investor & Public Relations
+49 (40) 380 22 - 4347