EPIG Fund raises €100M to fund new investments
EPIG Fund raises €100M to fund new investments

EPIG Fund raises €100M to fund new investments

Their portfolio of seven shopping centers has a total value of more than €2.2 billion.
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RE+D magazine
26.09.2024

ECE Real Estate Partners is expanding its investment activities and has raised further circa EUR 100 million of capital for its ECE Progressive Income Growth Fund that invests in high quality shopping centres in Europe and holds a portfolio of seven centres with a total market value of more than EUR 2.2 billion.

This latest capital raise follows raising circa EUR 150 million for the EPIG Fund in 2022 and 2023 and investing in the PEP shopping centre in Munich in March 2023 jointly with the Generali insurance group. The further capital is intended for acquiring additional assets and for investing in the fund’s existing portfolio. 

Leading institutional investors participating in the capital raise include Blue Sky Group, KLP and clients of Townsend Group.