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15. Februar 2012 
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Pramerica’s European funds complete €1.8 billion of transactions during 2011
Pramerica Real Estate Investors’ European funds completed €1.8 billion of transactions during 2011, the company announced today, comprising approximately €1.3 billion of acquisitions or commitments to acquire and €0.5 billion of disposals, in an active year for Pramerica’s investments in the region.
During the year, Pramerica also raised more than one billion Euros of new equity capital for its European funds, underlining its ability to create attractive investment strategies in response to investor feedback and demand, and the confidence that institutions have in its ability to successfully execute these strategies in the market. As a result of its fundraising activities, Pramerica has investment capacity for European real estate assets through its existing funds, while additional new strategies are currently being developed, which are expected to continue to attract further investment.
„Despite much of the uncertainty in the market and the region, we had some real bright spots in 2011,“ said Eric Adler, Head of Pramerica Europe. „As we move into 2012, we are continuing to evaluate interesting strategies [and joint investment opportunities] that make sense for our investors and build on the expertise our team have in such areas as real estate finance and debt, residential development, ground leases and other core and value added opportunities.“
During the year, Pramerica also raised more than one billion Euros of new equity capital for its European funds, underlining its ability to create attractive investment strategies in response to investor feedback and demand, and the confidence that institutions have in its ability to successfully execute these strategies in the market. As a result of its fundraising activities, Pramerica has investment capacity for European real estate assets through its existing funds, while additional new strategies are currently being developed, which are expected to continue to attract further investment.
„Despite much of the uncertainty in the market and the region, we had some real bright spots in 2011,“ said Eric Adler, Head of Pramerica Europe. „As we move into 2012, we are continuing to evaluate interesting strategies [and joint investment opportunities] that make sense for our investors and build on the expertise our team have in such areas as real estate finance and debt, residential development, ground leases and other core and value added opportunities.“
