4. August 2022
Peakside among PERE TOP 200
Peakside Capital Advisors AG (“Peakside”) has been listed in PERE's inaugural Top 200 ranking of private real estate companies worldwide, based the firm’s recent fundraising success.
The Peakside Real Estate Fund IV (PREF IV) was a key contributor to this achievement. The company completed capital raising for the Germany-focused fund at the beginning of the year - ahead of schedule - with just under 415 million euros. Demand for subscriptions could not be fully met, although Peakside had increased the original hard cap of 350 million euros by almost 20 percent. The firm also deployed capital raised last year for a joint venture between Partners Group and a group of co-investors to acquire a portfolio of logistics properties in and around Warsaw in Poland.
Frank Schäfer, Partner at Peakside, commented: "We are honored to be part of the inaugural PERE Top 200, reflecting strong interest from both existing and new clients in our successful value-add strategies. Having already made significant deployment progress, we will be raising capital for additional mandates this year with a focus on core-plus strategies. Here, we see an opportunity in the current market environment to generate attractive returns, coupled with stable cash flows, through active management and our manage-to-green approach which focuses on enhancing ESG attributes of existing properties and aligning them with current and future user requirements."