BUSINESS FOCUS

KAIROC IN A FEW WORDS

KAIROC REAL ESTATE FUND is a pan-European fund, in the form of a SOCIMI, primarily focused on the PRIME office real estate markets in Germany and France. KAIROC REAL ESTATE FUND’s ambition is to invest over 800 million euros, mainly in the cities of Paris, Hamburg, Munich, and Berlin.

 

KAIROC REAL ESTATE FUND’s project was born out of the major changes in the real estate and financial markets that have been taking place for over a year now.

On the one hand, we are witnessing an increasing refocusing of users on «prime» locations. These locations offer a high level of services, top-quality accessibility, and renowned addresses, with historically low vacancy rates and growing competition for available office space, which is pushing up prime rents.

On the other hand, we are witnessing an investment market that has come to a standby, with the sharp rise in interest rates putting the brakes on real estate companies and competition from the bond market. As a result, institutional insurers were forced to modify part of their asset allocations, creating a real «reverse» scissor effect and a unique market opportunity to position ourselves in increasingly sought-after «prime» assets, with higher rates of return.