Stay updated with INTERNOS news and views

Press Releases 2017

INTERNOS acquires local shopping centre in Berlin-Lichterfelde for SCPI NOVAPIERRE Allemagne Fund


Frankfurt am Main, 11 July 2017 –INTERNOS Global Investors (INTERNOS), the pan-European real estate investmentmanager with 3.5 bn Euro of assets under management, acting as transaction and asset manager of the FrenchSCPI NOVAPIERRE Allemagne fund (managed by PAREF Gestion),has acquired LIO, a local shopping centre in Berlin-Lichterfelde.The vendor is a fund managed by LaSalle Investment Management.The purchase price has not been disclosed.

Theretail property occupiesan approximately13,100 sq m site at Lankwitzer Strasse 19, Berlin-Lichterfelde, which was constructed in 2006 and extensively refurbished in 2013.The property has a total lettable area of around 12,600 sq m, two thirds of which is retail accommodation, while the remainder is occupied by a gym.LIOalso hasaround300 parking spaces.

The property is virtually fully let, with the major tenants including REWE, ALDI and C&A.

BNP Paribas Real Estate was instructed to market the property.DLAPiper provided legal advice for the purchaser, while Simmons & Simmons acted on behalf of the vendor.CBRE PREUSS VALTEQ advised the purchaser on technical issues.

By the end of 2017, the SCPI NOVAPIERRE Allemagne Fund aims to achieve a volume of about 300 million Euro, to be invested primarily in retail warehouses, retail warehouse centres and small shopping centres.The focus is on properties with a value between 5 to 40 million Euros, preferably with leases having unexpired terms of six to eight years.

Internos Global Investors (
INTERNOS Global Investors is a pan-European fund and asset-management platform, specialising in real estate authorised by the FCA in theUK, BaFin in Germany and the AMF in France. An owner-managed independent company, it develops strategic investment and management solutions for institutional investors in all property asset classes across Europe. In addition to its London headquarters, INTERNOS has offices in Frankfurt, Amsterdam, Paris, Lisbon, Luxembourg, Madrid and Milan. The company employs around 100 staff, manages more than 600 properties in a total of 8 countries and currently has € 3.5 bn Euro of assets under management.

Company contact for further information:

Paul H. Muno
INTERNOS Global Investors Kapitalverwaltungsgesellschaft mbH

T +49 69 50 50 66 9 30

Press contact for further information:

Jochen Goetzelmann
Targa Communications GmbH

Tel: +49 69 153 24 21-0

This website is only directed at you to the extent that it is lawful to do so in any jurisdiction. Similarly, interests in any fund managed by Internos Global Investors Limited (Internos Global Investors) or any of its affiliates will only be available for investment by you to the extent lawful in any jurisdiction. Accordingly, visitors to this website should inform themselves about, and observe, local laws in their own jurisdiction which may restrict their ability to engage the services of Internos Global Investors or any of its affiliates, or to invest in any fund managed by Internos Global Investors or any of its affiliates.

In particular, this website is intended only for, and is directed only at, persons who both (i) are capable of being treated by Internos Global Investors as professional clients or eligible counterparties, as each term is defined in the rules of the FCA, and (ii) fall within exemptions from section 21 (or, in relation to communications by Internos Global Investors concerning collective investment schemes, section 238) of FSMA on the basis that they fall (a) within Article 19 of the FSMA (Financial Promotion) Order 2005 (FPO) or Article 14 FSMA 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 (CIS Order), being investment professionals having experience in relation to investments including unregulated funds, (b) within Article 49 FPO or Article 22 CIS Order, being certain high net worth companies, trusts and unincorporated associations etc., or (c) within any other classes of person in or outside the UK to whom this website and its contents may otherwise lawfully be communicated (collectively, Eligible Persons). This website is not directed at or intended for U.S. persons.

Persons who are not Eligible Persons including those individuals or other persons who fall within the FCA’s definition of “retail clients” should not use or rely upon this website and may not engage the services of Internos Global Investors or any of its affiliates, or invest in any fund managed by Internos Global Investors or any of its affiliates.

Potential investors are advised that all or most of the protections provided by the UK regulatory system will not apply and that the UK Financial Services Compensation Scheme may not be available in relation to an investment in a fund or separate account if not managed by Internos Global Investors.

Before accessing this website please confirm you have understood and agree to the above and that you understand yourself to be, or be representing, an Eligible Person.