What is IRUS?
In 2007 NEINVER launched an investment line through IRUS European Retail Property Fund, one of the largest private-capital pan-European retail property funds, with equity of €480 million.
What is the profile of its investors?
The fund is aimed at private-capital pan-European institutional investors and has a total equity commitment of €480 million from European institutional investors.
What assets are in its portfolio?
IRUS Fund owns 13 retail property assets in five European countries (Germany, Spain, Italy, Poland and Portugal), with a total of 283,247 m² of gross leasable area.
Does it own only retail property assets?
Yes. The fund specialises in this sector, which is an added value for investors and shareholders because NEINVER, the company that manages the fund, is an expert in retail property asset management.
How is NEINVER related to IRUS?
NEINVER is the manager of IRUS. More than 40 years’ experience in the industry have given the Company a comprehensive vision and the ability to effectively manage every phase of the property cycle.
Its specialisation in different business areas puts NEINVER in a privileged position as a strategic partner for developing new properties. That’s why in 2007 it decided to launch an investment line through IRUS Fund, one of the largest private-capital pan-European retail property funds.