German investment boutique Aukera launches second real estate debt fund

Aukera Real Estate AG (Aukera) has received an initial capital commitment of EUR 66 million from a German insurer for its Aukera Real Estate Debt Fonds II, launched in July 2021. The Fonds II has a target volume of EUR 350 million, will invest in real estate debt in continental Europe, and is exclusively available to institutional investors.

“Due to the structure of our two sub-funds I and II we can achieve club deals for investors that allow us to provide high loan volumes on our own. The sub-funds involved can therefore diversify their investments with a broader spread of risk,” explains Lars Armgart, CEO of Aukera.

Aukera has already received total commitments of EUR 695 million for its two sub-funds.