CS (Lux) European Climate Value Property Fund
The Credit Suisse (Lux) European Climate Value Property Fund pursues a conservative real estate strategy (Core/Core Plus) by acquiring existing commercial properties that have leased well in promising European markets. A key aspect of the investment concept is based on a system for controlling, measuring, and monitoring energy consumption in cooperation with the Siemens technology group.
All properties in the portfolio are continually upgraded in terms of their energy efficiency on the basis of this measurement data in order to systematically reduce overall energy consumption as well as CO2 emissions. This ensures that alongside the sustainability of the investment, the earnings potential for the fund's investors is also strengthened. The remaining portfolio share for which the energy consumption cannot be reduced in a costeffective manner is made completely "carbon-neutral" once a year through the purchase of CO2 certificates. The innovative fund concept therefore offers qualified investors the firsttime opportunity to invest in a climate-neutral real estate portfolio.
Strategy: Core/Core+ real estate investment strategy, in selected European markets
Target market: European commercial property markets
Terms: Open ended and unlimited terms
Second subscription period: December 9, 2016. For further information, click here.
Top 5 Projects/Properties
Ydek Building, Amsterdam, Netherlands
- Construction: 2012
- Year purchased: 2016
- Utilization: Commercial
- Investment volume in EUR: 17 mio
- Total rentable area: 5 500 m2
Stephan Bruenner (born 6th of January 1972) has worked for Credit Suisse AG since 2003. He is the fund manager for the Credit Suisse (Lux) European Climate Value Property Fund.
Stephan Bruenner joined the Credit Suisse Real Estate Capital Investment company in 2003 and built up the Real Estate Research area. Since 2007, Mr. Bruenner represents the Real Estate Strategy & Portfolio Solutions group in Germany, for which he has developed successful real estate investment strategies. Furthermore, Mr. Bruenner acts as advisor for several European real estate investment products. Prior to joining Credit Suisse , Mr. Bruenner worked as a real estate market analyst at CB Richard Ellis in Frankfurt. Previously, he worked in the field of academics as well as at the Institute for Future Studies and Technology Assessment (IZT). Stephan Bruenner studied economics and holds a master's degree in Geography from the Freie Universität Berlin.