Project developer INVESTER United Benefits hands over climate-neutral residential property in Vienna's Simmering district to Article 9 Wealthcore fund
(Munich/Vienna, December 19, 2023) After just one and a half years of construction, project developer INVESTER United Benefits is handing over its climate-neutral new build with almost 50 apartments in Vienna's Simmering district to the Wealthcore Green Impact Fund (WGIF).
Read articleGreen Impact Fund continues its success story: WEALTHCORE acquires another new residential project in Vienna
(Munich, October 12, 2022) Only a few weeks after the successful purchase of a 10,000 square meter residential project with 153 units, the investment manager WEALTHCORE realizes the second acquisition in Vienna for its Green Impact Fund according to Art. 9. This is a 3,000 square meter development project at Rudolf-Simon-Gasse 5 with a total of 49 units, generous common areas and an environmentally friendly energy supply concept. Green, urban and family-friendly, the new construction project is an ideal fit for WEALTHCORE's dark green Green Impact fund series with demanding sustainability standards. The new acquisition for the Art. 9 fund, which focuses on residential properties with the highest ecological and energy-efficient standards, strengthens the basis for the planned 3.5% p.a. distribution. Currently, according to a survey by rating agency Morningstar, only around 3.6 percent of funds throughout Europe qualify for this high sustainability standard. The open-ended special AIF is aimed at professional and semi-professional investors. The target volume is EUR 500 million.
Read articleReport from Vienna to Brussels for even more sustainability: Austrian project developer INVESTER United Benefits participates in study on EU taxonomy
As a pioneer among project developers in the field of sustainable construction in Austria, the project developer INVESTER United Benefits is one of the few participants from Austria taking part in the current Europe-wide EU taxonomy study. For this purpose, the development arm of United Benefits Holding is taking part in interviews, outlining example projects and providing data. CEO Michael Klement attaches great importance to the study for the EU and the company's own ESG strategy: "The study gives us the opportunity to provide the EU with feedback from the field and, if necessary, to suggest important changes. On the other hand, participation helps us internally to optimize our criteria and structures. Participation is a fixed date for us - as a pioneer in the sustainability sector." The study started in March 2022 and the evaluation is scheduled for December 2022.
Read articlePremiere for Green Impact Fund: WEALTHCORE acquires first large-volume residential project in Vienna's 22nd district and launches fund
(Munich, September 28, 2022) Investment manager WEALTHCORE Investment Management has successfully completed the first property acquisition in Vienna for its Art. 9 Green Impact Fund. With the deal, the industry pioneer acquires the 10,000-square-meter residential project "Grosses Glück" with a total of 153 units, spacious common areas and bookable home office berths. According to a survey by the Morningstar rating agency, only around 3.6 percent of funds throughout Europe qualify for the dark green sustainability standard. The open-ended special AIF is aimed at professional and semi-professional investors. The target volume is 500 million euros.
Read articleTaxonomy advisor in the team: Markus Weber
Taxonomy advisor in the team: Markus Weber In addition to his training as an ÖGNI Consultant in 2021, Markus Weber passed the examination to become an EU Taxonomy Advisor approved by ÖGNI in April 2022. In the course of this, he was able to further deepen his extensive knowledge of ESG and sustainable construction.
Read articleHarald Salzgeber, Head of Institutional Investors D.A.CH., in the Börsen-Zeitung
Harald Salzgeber on a panel with industry colleagues at EY's ESG Symposium on the topic: How must the real estate industry change to meet the EU's climate targets.
Read articleQUALITY, LOYALITY, SUSTAINABILITY - Michael Klement
After years of rapid growth, the Invester Group founded by Franz A. Kollitsch and Erwin Krause gave itself a new structure last year. With United Benefits Holding, the services of development, asset management and fund management in the real estate sector were bundled under one roof. CEO Michael Klement takes positive stock after a little more than a year and expects sustainable growth in the future - with a clear focus on sustainability - despite difficult general conditions.
Read articleManaging Director Ralph Andermann in a video interview
Wealthcore Managing Director Ralph Andermann in an interview with IntReal Kapitalverwaltungsgesellschaft about sustainable real estate investments and Wealthcore's Article 9 funds.
Read articleStrategic realignment
United Bene ts subsidiary Wealthcore promotes climate-friendly living with green funds. The two managing directors Ralph Andermann and Manuel Bugl explain why in an interview.
Read articleGreen Impact fund series: BaFin approves Wealthcore's second Article 9 fund
With the "Wealthcore Green Impact Fund", the Munich-based investment manager Wealthcore is already launching its second Article 9 residential real estate fund. The Wealthcore Green Impact Fund makes a significant contribution to achieving the Paris 2050 climate targets by developing sustainable residential projects in Germany and Vienna.
Read articleNuveen and Wealthcore rely on Article 9
Wealthcore and Nuveen Real Estate have recently launched residential funds under Article 9 of the EU Disclosure Regulation. have been launched. Wealthcore is focusing primarily on climate protection, Nuveen on social impact.
Read articleWEALTHCORE acquires new residential project "LEO 19" in Vienna's 21st district
The German-Austrian fund manager WEALTHCORE Investment Management, a subsidiary of United Benefits Holding, has acquired another new residential development in Vienna's 21st district for the special fund "Wealthcore Austria Living I" as part of an asset deal.
Read articleGreen light for new Wealthcore fund - "Wealthcore Green Impact Süddeutschland" (Wealthcore Green Impact Southern Germany)
With the new Article 9 residential real estate fund, the investment manager Wealthcore sets a new benchmark in Germany. For the first time, a residential real estate fund meets the high sustainability requirements of Article 9 of the Disclosure Regulation.
Read articleHarald C. Salzgeber new Head of Institutional Investors at WEALTHCORE
Responsible for equity sales of real estate investment products / Insurance graduate has more than 25 years of experience in asset management.
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