In the first half of 2019, IntReal International Real Estate Kapitalverwaltungsgesellschaft mbH (INTREAL) continued on the growth path of the previous years. Germany’s leading third-party real estate AIFM thus increased its assets under administration (AuA) to EUR 27.2 billion as at the end of the second quarter of 2019. This corresponds to growth of around 11.5% compared to the figure for the year 2018 (EUR 24.4 billion). Compared to the same date in the previous year, INTREAL even managed to increase its assets under administration by a third (AuA on 30 June 2018: EUR 20.4 billion), thus matching the strong business performance of the past years. The number of funds administered by INTREAL and of properties contained in these funds also developed positively. In the first half of 2019, the number of funds rose to 141. The number of properties under administration surpassed the 1,200 mark at the end of June 2019, increasing by 88 to the current total of 1,214 properties.
Michael Schneider, Managing Director of INTREAL, comments on the current figures: “Together with our fund partners, we remain on a stable growth path and are pleased to be able to present very good half-year results again. Despite – or perhaps because of – the wide range of political and economic uncertainties, property-based forms of investment remain highly popular with both institutional and private investors. I expect the dynamic business growth to continue in the second half of 2019, with assets under administration reaching EUR 30 billion.”
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