KanAm Grund said its status as an international rela estate investment company was reflected by rating awarded to the Frankfurt-based group of companies by the international rating agency Scope.

Investor type
The acquisitions carried out over the last year in Germany, France, Belgium and Great Britain showed an almost even distribution between private investors and international anddomestic customers.

In 2017 alone, the KanAm Grund Group carried out a total of 12 transactions across six European countries, dealing with real estate worth about €880 mln, at an average of one property per month. Nearly all the deals were acquisitions, with one asset sold in Belgium for €200 mln. 

KanAm Grund has €3.6 bn worth of assets under management, half as fund and half as asset management mandates. Over the past year, the group continued to expand its customer base by gaining institutional investors from Asia and France, as well as institutional investors and private customers from Germany. The Leading Cities Invest, the firm's first new generation real estate fund for private investors, closed at 3.3%in 2017.

And, Kanam Grund said that in spite of a difficult market, the real estate pipeline for new and existing funds in Germany and Europe would be filled with plenty of opportunities at the beginning of 2018.

Deals
Last year's purchases in Germany included Campus E in Munich, a shopping center in Frankfurt-Hoechst and Cloud No 7 in Stuttgart. In Europe they expanded their various portfolios by Nerviens in Brussels, Le Totem in Toulouse and Le Copernic in Greater Paris as well as One Wood Street in London. This year, the company is working on purchases in the German metropolises of Munich, Stuttgart and Hamburg, plus European acquisitions in Luxembourg, Belgium and other locations.

The current Asset Management Rating from 24 January 2018 by Scope confirmed an A+AMR rating for KanAm Grund Group. According to Scope, this award was based on the fact that the owner-managed KanAm Grund Group has become established as a real estate asset manager for private and institutional investors, particularly in the German market, due to its extremely high degree of competence in transaction and asset management.

Funds
Currently, three new special funds and the Leading Cities Invest (LCI), the KanAm Grund Group public fund, are in an investment phase, the marketing of a new special AIF is in preparation and two further funds are in development, including the Leading Cities North America, a fund for institutional investors listed in US dollars, which is to be launched exclusively this year.

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Top Investors

PropertyEU's Top Investors, Deals and Dealmakers ranking, based on 2017 European real estate transaction volumes, is published in May 2018.