Patrizia AG SE has been active as an investment manager in the real estate market across Europe for more than 38 years.
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15 Facts About Patrizia AG
2.
Patrizia AG employs over 1000 professionals based in 27 locations worldwide.
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3.
Patrizia AG gained his first experience of the real estate sector with a summer job on a construction site while in his teens.
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4.
Patrizia AG used the proceeds from the sale to buy Patrizia's first apartments.
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5.
Patrizia AG's strategy involved first buying apartments in Munich's Olympia-Pressestadt, along with apartments owned and used by Bayer AG and other companies, as well as large residential complexes in Augsburg, Obergiesing, Perlach and Schwabing before selling the apartments, primarily to their tenant occupants.
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6.
In 2011, Patrizia AG took over Hamburger LB Immo Invest GmbH, an initiator of commercial real estate Spezialfonds, and went on to expand the business.
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7.
In recent years, Patrizia AG has focused on digitalisation, innovation and new technologies.
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8.
IT, Patrizia AG announced in October 2019 that it had obtained a strategic stake in Cognotekt, a Cologne-based artificial intelligence platform that has developed a unique technological approach for Natural Language Processing.
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9.
In February 2020, Patrizia AG partnered with pioneering PropTech VC Pi Labs and has participated in Pi Labs' third fund which will invest in early stage PropTech start-ups across Europe.
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10.
In November 2020, Patrizia AG expanded its global innovation ecosystem and scouting approach with an investment in the Camber Creek PropTech Venture Capital Fund.
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11.
In September 2021, Patrizia AG announced the acquisition of Whitehelm Capital, an international infrastructure manager, which triples Patrizia AG infrastructure AUM to circa EUR 5 billion.
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12.
In June 2022, Patrizia AG announced it had raised €50 million to invest in the Sustainable Future Ventures, a new fund that invests in property technology that it believes will drive sustainability in the built environment.
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13.
Nevertheless, Patrizia AG later received two prestigious awards for the successful redesign and construction project, including the 2008 MIPIM Award.
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14.
Patrizia AG received the MSCI 2018 for Best Performing Balanced Fund based on three-year NAV-level returns.
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15.
In 2019, Patrizia AG received the MSCI award 'Best Performing Balanced Fund in the PEPFI Index' for The PanEuropean Property Limited Partnership .
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