ERSTE IMMOBILIENFONDS is celebrating its 15th anniversary this month. The portfolio now comprises 85 properties in 10 cities with real estate assets of around EUR 2 billion. In this interview, Peter Karl, CEO of ERSTE Immobilien KAG, talks about the development of the fund and the challenges on the real estate markets in the face of rising interest rates and high inflation.
Authors: Stephanie Clam Martinic (Senior Fund Manager Multi Asset Management) and Gabriela Tinti (Senior Fund Manager Equities Emerging Markets) In spite of the increase in prices, the interest in real estate is unwaning In view of the current level of real estate prices, direct real estate investments are hardly affordable anymore for private investors. The […]
