FUNDS

Principal Core European Series

The Principal Core European series comprises a number of funds spanning a diverse range of asset classes from traditional sectors, such as office, retail and logistics, to more specialised alternative sectors, such as residential and health care.

The Principal Core European series provides investors with tailored return criteria in regionally diversified funds, where Principal Real Estate Europe utilises its local knowledge and ‘feet on the ground’ expertise. Principal Real Estate Europe’s local teams will drive value utilising their exemplary asset management skills, overseen by our centralised fund and portfolio management team.

Fund name Investment style Sector Region Overview
Principal European Core Strategy
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Core/Core+ Office, Retail, Logistics, Alternative Pan-European Pan-European core real estate strategy offering a stable income return from a diversified asset base. The strategy targets expansion to €1.2bn GAV.
Principal European Office Strategy
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Core/Core+ Office Pan-European A balanced and geographically diverse pan-European core office strategy targeting long term value stability with a planned investment volume of €600m.
EURO PROPERTY 1
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Core/Core+/Value Add Office, Retail, Logistics Pan-European Pan-European, sector-diversified fund with a core+ and value add portfolio
EURO LOGISTIK 1
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Core/Core+ Logistics Pan-European Pan-European core logistics fund focused on capital growth and strong income returns.
Principal Care Invest I
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Core Care Homes Germany A regionally diversified German care home fund offering long term value stability.
Principal Care Invest II
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Core Health Care Germany A regionally diversified German health care fund targeting total investment volumes of up to €300m.
ShoppingCentreD
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Core Retail Germany A retail fund focused on dominant German shopping centres.

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In particular for investors in the European Economic Area (“EEA”), this website and the information on it is only directed at persons who are professional investors for the purposes of the Alternative Investment Fund Managers Directive (2011/61/EU) (“AIFMD”), professional clients or eligible counterparties for the purposes of the Markets in Financial Instruments Directive (Directive 2014/65/EU) (“MiFID II”) or as otherwise defined under applicable local law and regulation and at whom this website and the information on it may lawfully be directed in any relevant jurisdiction (“Eligible Persons”). In relation to each member state of the EEA (“Member State”) which has implemented AIFMD (and for which transitional arrangements are not/ no longer available), this website may only be accessed and interests in Funds may only be offered or placed in a Member State to the extent that: (i) the relevant Fund is permitted to be marketed to professional investors in the relevant Member State in accordance with AIFMD (as implemented into the local law/regulation of the relevant Member State); or (ii) this website and its information may otherwise be lawfully distributed and the interests in Funds may otherwise be lawfully offered or placed in that Member State (including at the initiative of the investor). In relation to each Member State of the EEA which, at the date of accessing this website, has not implemented AIFMD, this information may only be distributed and interests in Funds may only be offered or placed to the extent that this information may be lawfully distributed and the interests in Funds may lawfully be offered or placed in that Member State (including at the initiative of the investor).

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