Basis for further expansion established
Frankfurt am Main, October 16, 2018. VERIANOS Capital Partners GmbH, Frankfurt am Main, a wholly-owned subsidiary of VERIANOS Real Estate Aktiengesellschaft, Cologne, has been licensed as an investment management company pursuant to section 22 of the KAGB (German Financial Investments Act) by Federal Financial Supervisory Authority (BaFin).
With the subsidiary, now licensed as a “large KVG”, VERIANOS is now able to offer institutional and private investors a wider range of investment opportunities in the real estate markets. “With this approval, we are further expanding our range of services and can now offer our customers real estate investments in almost every desired format and deal size,” explains Diego Fernández Reumann, founding partner and CEO of VERIANOS.
The company has been established on the market as a so-called “small KVG” since 2014 and has achieved an average IRR of more than 40% for its investors with its alternative investment funds in the real estate sector.
In addition to the geographical expansion of business activities with international presence in Madrid, Valencia and Milan, product diversification is also progressing. In addition to the AIF investing directly into real estate, VERIANOS is currently placing a debt fund for mezzanine financing real estate projects and investments in the eurozone.
In the BaFin approval process, VERIANOS was advised by the law firm HEUKING KÜHN LÜER WOJTEK and the Hamburg-based company and IT consultancy CONNOS.
VERIANOS is an independent real estate partnership based in Cologne with offices in Frankfurt, Madrid, Milan and Valencia. With the business units Investment and Advisory we realise customised investment products and ambitious advisory and financing mandates for our clients.
VERIANOS Real Estate Aktiengesellschaft
Bethmannstraße 56, 60311 Frankfurt am Main
T +49 69 697 68 88 234