News ReleasesLocation promotion law pushes open-end real estate funds

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.

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.

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.