Current news and pressinformation
Frankfurt/Main, 22 January 2013. MGPA, the private equity real estate investment advisory company has acquired the first asset for its German fund focused on Asia-Pacific, MGPA Asien Spezialfonds, in Perth, Western Australia. The Optima Centre is a recently constructed Grade A office building located at Herdsman Business Park in Perth and was acquired for A$105.67 million.
Munich and Frankfurt/Main, 16 January 2013. The investment company Universal-Investment is extending its Luxembourg-based administration platform to include Munich-based asset manager XAIA Investment. Effective 1 January 2013, XAIA’s experts in market-neutral investment strategies have transferred all their funds with a total volume of just under € 2 billion to Universal-Investment.
Frankfurt, 27 October 2009. Universal-Investment has drawn a positive balance for the fiscal year which came to an end in September 2009. The Frankfurt-based investment company (KAG) has lifted assets under administration significantly by EUR 22.6bn to EUR 105.3bn. ’A large part of this, some EUR 15.6bn, derives from net inflows’, as summed up by Bernd Vorbeck, speaker of the management board of Universal-Investment. ’This puts us in first place by a clear lead in the sales statistics of the fund industry association BVI’. According to Vorbeck, the company has successfully bucked the sector trend to become the most swiftly growing KAG in Germany. ’While the market is weakening up’, Vorbeck claims, ’we are managing to gain mandates’. The company can also boast of encouraging developments last fiscal year, having taken out a shareholding in an Austrian KAG at the beginning of October and, parallel to this, gained an insourcing mandate worth EUR 7.5bn.