Berlin, 09.12.2021 - The Swiss real estate investment managers BlueRock Group and BGO Strategic Capital Partners ("BGO SCP"), the multi-manager platform of the internationally active company BentallGreenOak, are jointly investing in residential real estate in Berlin. Since the end of 2020, BlueRock Group has acquired a portfolio of a total of 11 buildings in the city's inner-city districts. BGO SCP invests in this seed portfolio together with the BlueRock Group itself and its fund investors and provides capital for further purchases. The majority of the properties are Gründerzeit buildings in the centre of Berlin. A total of 20 properties with 548 residential units and a gross floor area of approximately 39,000 m2 have already been acquired. The BlueRock Group's acquisition, development and asset management team in Berlin and Zurich is actively managing the portfolio. A total investment volume of 200 million euros is planned.
"The residential market in Berlin is an attractive investment opportunity. This transaction is an opportunity for our investors to participate in one of the most liquid, European residential markets. Our aim is to co-invest with resident investment managers who have experience in acquisitions and asset management expertise to support their expansion plans. We are therefore delighted to have found in BlueRock Group a partner that already manages a mature portfolio and has a wealth of expertise in everything from acquisitions to structuring and asset management," explains Cherine Aboulzelof, Managing Director and Head of Europe at BGO SCP.  
"The BlueRock Group has already expanded increasingly into Berlin over the past year. We want to expand our presence in the metropolis even further and have already identified future attractive investment opportunities. We are pleased to have gained a strong, international investor in BGO SCP, who sees the same potential in the city as we do," says Ronny Pifko, Managing Director of BlueRock Group.  

About the BlueRock Group
The Swiss real estate investment manager BlueRock Group offers active and passive investment strategies for family offices and institutional investors, among others. In addition to properties in Switzerland and Denmark, the focus of the company, which is active throughout Europe, is primarily on residential and office properties in Germany. The BlueRock Group has an extensive portfolio of high-quality properties in central locations in A and B cities, whose value increases are secured through appreciation and repositioning. The company currently manages a portfolio of >€900m in Europe. Since its founding in 2011, BlueRock Group has transacted a total volume of over €1.5 billion.

About BGO Strategic Capital Partners (BGO SCP)
BGO Strategic Capital Partners (BGO SCO) is a market-leading, international multi-manager platform. Founded in 2002, the company covers all investment capabilities of multi-manager investment strategies, including primary fund commitments, traditional and
GP-led secondary transactions, recapitalisations and co-investments in direct assets. Investments are made through the BGO Secondaries and BGO Co-Investment fund series (closed-end funds) and individual separately managed accounts. As at 30 June 2021, BGO SCP has worked with more than 130
managers in more than 280 fund investments across more than 5,000 assets worldwide.