Commerz Real welcomes the planned location promotion law, the draft of which was approved by the Federal Council on 30 January 2026. The draft is an important step towards the energy transition in Germany and a milestone in the further development of the open-ended real estate fund asset class. For example, the law now passed provides for the first time that they may invest up to 15 percent of their value in plants for the generation, conversion, transport or storage of electricity or heat from renewable energies. This should also be possible when there is no direct structural connection to a building. The operation of so-called roof-mounted systems or charging infrastructure should also be permitted. All of this has not been possible before.
News ReleasesLocation promotion law pushes open-end real estate funds
With the announcement of the law, we will use our many years of know-how in the field of renewable energies to exploit the new opportunities for us as quickly as possible.
Commerz Real has been investing in solar energy since 2005 and also in wind turbines and other energy infrastructure segments since 2016. The company currently manages more than 50 solar power plants and over 40 onshore and offshore wind farms in Germany and Europe with a total rated output of over 1.5 gigawatts for private and institutional investors.
In the medium to long term, our goal is to supply the properties in the portfolio with electricity ourselves. And this ultimately benefits our investors.
This could then be offered to tenants at favourable conditions, which in turn would increase the attractiveness of the properties for potential users and could have a positive impact on the valuation.
About Commerz Real
Commerz Real AG is the asset manager of Commerzbank Group and has 54 years of international market experience. The company combines comprehensive asset management expertise with broad structuring capabilities, developing tangible asset-oriented fund products and individual investment solutions in the areas of real estate and infrastructure. As the leasing service provider of Commerzbank, Commerz Leasing also offers tailored leasing concepts.
Since 2025, the asset management subsidiaries of Commerzbank Group have been bundled under Commerz Real AG. In addition to the Commerz Real brands and products, these include Aquila Capital, with a focus on real asset investments in the energy infrastructure sector, as well as Yellowfin Asset Management, a boutique for liquid investment strategies. Under the umbrella of Commerz Real AG, a total of approximately 1,000 employees at around 20 locations manage assets of more than 55 billion billion.