LEADING CITIES INVEST ADDS NICE TO THE FRANCE PORTFOLIO

Investment in Nice - New generation real estate fund gains more than 17 percent in value over five years

Frankfurt (25 April 2019) – KanAm Grund Group's LEADING CITIES INVEST public fund adds Nice to its French portfolio. The property is a commercial and office building on the Avenue Notre Dame in Nice. LEADING CITIES INVEST, the first new generation open-end real estate fund for private investors, now holds investments in 16 locations across five countries and has appreciated by more than 17 percent in value since it was issued some 5 years ago. The fund management will continue to follow the guiding principles of this sustainable return of at least 3 percent per year with maximum possible security in 2019. As they are already approaching final negotiations for further suitable properties, the CashSTOP will be lifted at the end of May.

With around 340,000 inhabitants, Nice is the second biggest city after Marseilles in the Provence-Alpes-Cote d'Azur region on the French Mediterranean coast. The mainstay of the economy in France's fifth largest city lies primarily in the tourism, technology and research industries. The commercial and office building at 22/26 Avenue Notre Dame, including outdoor parking spaces, is currently fully let to eleven companies and shopping outlets. The five-story building is only 300 meters from the TGV station Nice-Ville in the Jean Médecin Quarter. A mixed area of office and residential buildings, that offers a home to some of the biggest national and international brands. The main shopping street is directly adjacent to the building. It has been agreed to keep the sales price confidential.

The LEADING CITIES INVEST takes advantage of the growth potential of future-oriented cities with a high potential for further development and harnesses it for private investors. The investment spectrum includes a range of different types of commercial properties, from select office buildings, retail outlets and renowned High Street properties to hotels. With the City-score and the Property Selection Model (PSM), KanAm Grund applies two research and portfolio models that were developed in-house, in order to identify promising real estate markets and properties for LEADING CITIES INVEST. The two models work hand in hand and, in all recent transactions, offered important data on quality and expected performance. The newly developed G-Score Model is a further optimization of this approach specifically for Germany.

About the KanAm Grund Group
The KanAm Grund Group has handled a transaction volume of more than USD 32 billion since it was established in October 2000. The owner-managed company focuses on the individual needs of German and international investors, with the geographical emphasis being in Europe and the United States.

In order to set it up strategically to face the challenges of the future, the company was reorganized into three business divisions under the umbrella of the KanAm Grund Group: KanAm Grund Kapitalverwaltungsgesellschaft (an open-end real estate fund), KanAm Grund Institutional Kapitalverwaltungsgesellschaft (a special real estate fund) and the new KanAm Grund REAM (international investment & asset management advisory). The aim of this strategic repositioning is the continuous development of the KanAm Grund Group from a German real estate fund issuing company into an international real estate enterprise which provides real estate investment and asset management services to German private investors, institutional investors and international investors alike, irrespective of the investment vehicles involved.