(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).
(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.
(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.
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.
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.
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.
Wealthcore Managing Director Ralph Andermann in an interview with IntReal Kapitalverwaltungsgesellschaft about sustainable real estate investments and Wealthcore's Article 9 funds.
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.
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.
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.
