Parking Funds

German Special Funds investing in Core / Core + parking space across Europe.

E&G Parking Fund Europe

The "E&G Parkhausfonds Europa" invests in multi-storey car parking assets in highly-frequented locations within the Euro Zone (EU-19).

For further details of the fund please see the following fund overview and acquisition profile.

Fund Overview
Fund structure: German Special-Alternative Investment Fund (Spezial-AIF)
Target fund size: EUR 250m
Group of investors: Institutional Inestors
Risk profile: Core+
Target asset class: Multi-storey car parks, underground parking garages and external parking space
Target region: Metropolitan regions in the euro zone (EU-19)
Asset locations: Inner-city locations, transport hubs, airports, medical centers
Target distribution: > 5.50 % p.a.
IRR at year 10: > 7.50 %
Acquisition Profile

For more information: Acquisition profile

Parking Fund Germany I & II

In 2010, E&G Funds and Asset Management launched its first car parking fund “Parkhausfonds I” focused on investing in multi-storey car parking assets in Germany with long-term secure income.  Investors in the fund are primarily German insurance companies.

Subsequently,  the “Parkhaus II-Fonds” was launched with focus on investing in car parking assets in Germany. Investor in the fund is a German pension fund.

For further details on these funds please see the following section:

Fund Overview "Parkhausfonds I"
Fund structure: German Special-Alternative Investment Fund (Spezial-AIF)
Target fund size: EUR 200m
Group of investors: German Institutional Investors
Risk profile: Core+
Target asset class: Multi-storey car parks, underground parking garages and external parking space
Target region: Metropolitan regions in Germany
Asset locations: Inner-city locations, transport hubs, airports, medical centers
LTV: 50 % on fund level
Target distribution: > 5.00 % p.a.
IRR: 5.00 %
Fund Overview "Parkhaus II-Fonds"
Fund structure: German Special-Alternative Investment Fund (Spezial-AIF)
Target fund size: EUR 300m
Group of investors: German Pension Fund
Risk profile: Core+
Target asset class: Multi-storey car parks, underground parking garages and external parking space
Target region: Metropolitan regions in Germany
Asset locations: Inner-city locations, transport hubs, airports, medical centers
LTV: 50 % on fund level
Target distribution: > 5.00 % p.a.
IRR: 6.00 %

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