April 25, 2024

Embera increases investment to 7.1 billion

Empera Investment and Asset Management has significantly increased its assets under management in the first nine months of this year. The company wants to open new markets abroad.

Editorial Board

October 24, 2022

Lahcen Knab, Chairman of Embera Group (Photo: Embera AG)

The Embera Group, headquartered in Zug, has reported growth in fixed assets from 1.1 billion euros to 7.1 billion euros for the first nine months of 2022. The investment and asset manager announced that assets under management will increase by another 2.5 billion in 2023. Embera invests heavily Essential in residential and office properties.

In order to internationalize the investor base, Embera is expanding: this year a site was launched in Great Britain, and other sites in Scandinavia and the United Arab Emirates will now follow.

New products in the field of equity and debt

Recently, Empira launched the Empira Urban Living Fund, which invests in developing projects for new construction of small living spaces that include smart living and gastronomy concepts. According to the company, an initial portfolio with a target size of more than 500 million euros has been secured for this purpose.

In terms of debt products, the Empera Real Estate Fund has been launched, which is aimed at institutional investors who want to invest in top-tier financing for existing high-quality properties in Germany and Austria.

The company intends to stick to its own development and retention strategy. The real estate group develops high quality residential properties for its own funds, which are held in the portfolio for the long term after completion and are actively managed by the internal asset management of institutional investors. According to the company, projects with a volume of 4.3 billion euros are currently being implemented. (Uh)

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