Grünwald near Munich, 29.01.2026 – KGAL Investment Management GmbH & Co. KG is investing in the Erfurt Justice Centre and a wind farm in Schleswig-Holstein for Debeka's recently launched real asset portfolio. Both properties benefit from long-term secured cash flows and thus deliver stable, sustainable income. Debeka's portfolio, which is worth up to 400 million euros, focuses on sustainable infrastructure and social real estate. Further acquisitions are to follow in the near future.
"The need for investment in European energy sovereignty and social infrastructure is enormous," emphasizes André Zücker, Co-CEO of KGAL. "Since state funds alone are far from sufficient for the tasks ahead, a wide range of opportunities open up for investors. Our first acquisitions demonstrate the attractiveness of infrastructure investments with their long-term stable returns. Together with Debeka, we want to further develop this future area."
Justice centre with lease until the end of 2031
The Erfurt Justice Centre is an important administrative and court location in the Free State of Thuringia, which combines several institutions in a modern, functional building complex: from the district court to the regional social court to the regional labour court. The public prosecutor's office occupies the eastern part of the building. In addition, the property includes various hearing rooms and courtrooms.
The Justice Centre is centrally located in Erfurt's Petersberg administrative district. The systemically important property has a total of 19,426 square metres of rental space on four upper floors and two basement floors. The lease agreement with the Free State of Thuringia has a remaining term of 16 years. The efficient building layout and sustainable quality offer flexibility with regard to long-term use.
Wind farm with 20-year EEG tariff
The "Loop" wind farm, which is currently under construction, is located about 75 kilometers north of Hamburg, between the municipalities of Loop and Schönbeck, in the district of Rendsburg-Eckernförde. The five wind turbines with a total installed capacity of 28.5 megawatts are scheduled to be connected to the grid in the third quarter of 2026.
The wind farm will benefit from secured feed-in tariffs under the Renewable Energy Sources Act (EEG) for the next 20 years and will generate around 69,200 MWh of green electricity annually. The fixed, predictable revenues from the EEG characterize a solid basic investment.
Debeka targets earnings and ESG
The Debeka Insurance Group is satisfied with the launch of the fund. CFO Ralf Degenhart explains: "In addition to the long-term stable return prospects, there is another point: renewable energies make essential contributions to climate protection and to strengthening Europe's energy independence. An intact social infrastructure, in turn, promotes the common good and the performance of our society."
At the end of 2025, the Debeka Insurance Group commissioned KGAL, which specialises in real asset investments, to build and manage a mixed real asset portfolio. The focus is on direct investments in infrastructure, especially renewable energies and infrastructure real estate. To this end, two evergreen funds with a total investment volume of up to 400 million euros have been launched.
