Economic Development Act: Commerz Real sees push for open-ended real estate funds

"With the promulgation of the law, we will use our many years of know-how in the field of renewable energies to exploit the new opportunities for us as quickly as possible," says Mario Schüttauf, fund manager of Commerz Real's open-ended real estate fund Hausinvest. Commerz Real has been investing in solar energy since 2005 and in wind turbines and other energy infrastructure segments since 2016. The company currently manages more than 50 solar power plants and over 40 onshore and offshore wind farms with a total nominal output of over 1.5 gigawatts for private and institutional investors in Germany and Europe.

"In the medium to long term, our goal is to supply the properties in the portfolio with electricity ourselves," emphasizes Schüttauf. This could then be offered to tenants at favourable conditions, which in turn would increase the attractiveness of the properties for potential users and could have a positive effect on the valuation. "And our investors will ultimately benefit from this," Schüttauf is certain.