1959 Bayerische Vereinsbank and the Bayerische Hypotheken- and Wechselbank launched the first open-ended real estate fund – Since then there have been many amendments to the legal framework.
With the KAGB as well as other sets and guidelines, such as the KarBV or the Kait, There is extensive regulation in Germany today for collective investment in real estate. Exceptions are the so-called investment clubs.
We support fund managers, KVGEN and Asset Manager as an external consultant with years of know-how in the immmobilien fund management of German and Pan-European real estate fund products.