Growners launches its own investment fund
In early 2019, Growner’s management team took the initiative to establish a real estate investment fund (REIF). The aim of this fund is to acquire rented office and warehouse space. Several institutional investors have backed it. Once this project has achieved the level of success that the management team is aiming for, it will have an important impact on Growner’s ability to rapidly offer rented plots for sale as investment products, in addition to providing an increasing number of vacant plots for tenants or buyers. In view of the importance that this type of transaction might have, the management is actively looking to acquire partially leased buildings.