PATRIZIA launches 24 hour online investment platform for private funds
PATRIZIA Immobilien AG announces that it has launched an online platform to allow private investors to browse and purchase its private funds online.
“We are proud to be one of the first providers to offer this service as a forward-looking offer to our growing number of digital customers.ogether with our partner, eFonds Solutions AG, we are creating a new benchmark for private investors.”
Andreas Heibrock, Managing Director of PATRIZIA GrundInvest.
PATRIZIA GrundInvest and its distribution partners are now using the portal eDirektzeichnung as an extension of the online offering to allow customers the option of buying shares, or e-direct-signing, in the company’s real estate funds via the internet. This means that private investors will now have 24 hour access to all the facilities needed to make investments, including full transparency over all relevant information that is guaranteed by a certified process.
Last year PATRIZIA GrundInvest launched four real estate funds for private investors with an investment volume of approximately EUR 230 million. As announced at the time, private investors receive a distribution before taxes of between 4.5 and 5.0 percent. The launch of a fifth fund is scheduled for the first quarter of 2017. Part of the fund is a property in Munich, Leopoldstraße and the main tenant has a long term lease agreement over 20 years.