- Acquired more than EUR 200 million from institutional investors
- Distributions since launch above plan
- Further products in planning
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Featured Benefits
Commerz Real Kapitalverwaltungsgesellschaft (KVG) reports the successful placement of its Institutional Infrastructure Offshore Fund. Several institutional investors are participating in the Veja Mate wind farm with a total of more than 200 million euros via the special AIF (Alternative Investment Fund) in the form of an asset-managing closed investment KG. With an accumulated distribution of 13.55%, the distribution since the launch of the fund is above the plan of 13.19%.
Commerz Real was the largest shareholder of an investment consortium in the project company of the Veja Mate offshore wind farm in the North Sea in February 2019. With a total of 67 wind turbines and a total output of 402 megawatts, this is Germany’s second largest offshore wind farm and one of the ten largest parks in the world. Together with the shares of other syndicate partners and the debt capital, the transaction volume amounted to around 2.3 billion euros. In addition to the Institutional Infrastructure Offshore Fund, the Institutional Renewable Energy Fund II and the Institutional Multi Asset Fund II of Commerz Real are also invested in the park.
The Institutional Infrastructure Offshore Fund benefits from a local wind speed of over 12 m/s and shows positive key figures. At the end of March 2020, the targets were exceeded in terms of both sales (plus 8.9 percent) and energy generated (plus 3.9 percent). In addition, the electricity production of the plant completed in 2017, located just under 100 km north-west of the island of Borkum, will fall under the state-guaranteed feed-in tariff in accordance with the Renewable Energies Act by 2037, resulting in carbon dioxide savings of around 950,000 tonnes per year.
About Commerz Real
Commerz Real AG is the asset manager of the Commerzbank Group and has 50 years of international market experience. The company combines extensive know-how in asset management with broad structuring expertise and uses this expertise to develop tangible asset-oriented fund products and individual investment solutions in the real estate and infrastructure sectors. As a leasing service provider of Commerzbank, Commerz Real Mobilienleasing also offers needs-based leasing concepts.
Since 2025, the Commerzbank Group’s asset management holdings have been bundled with Commerz Real AG. In addition to Commerz Real’s brands and products, these include the Aquila Capital investment company with a focus on sustainable tangible asset investments in the area of energy infrastructure and Yellowfin as a boutique for liquid investment strategies. Under the umbrella of Commerz Real AG, a total of around 1,000 employees manage assets of around EUR 55 billion at around 20 locations.
