Description

Based on a mandated assignment from a German Pension Fund services provider, Primevest Capital Partners launched its fourth European parking fund, Primevest European Parking Fund IV. EUR 200 million are available for car park investments in Europe. Primevest European Parking Fund IV is planning to acquire car parks located in Western Europe, including the United Kingdom. In addition, up to 40% of the fund’s capital can be invested in car parks located in Spain, Italy, Portugal and Ireland. HANSAINVEST Hanseatische Investment-mbH is acting as the fund service provider, while Donner & Reuschel AG will acts as the custodian bank.

For the fourth parking fund Primevest Capital Partners already acquired one car park in Glasgow and one car park in Dublin. We still have outstanding equity to invest in car parks for this fund. Please see our car park acquisition criteria to find out what we are looking for.

Facts

Assets: Car parks
Region: Europe
Volume: € 200 million
Investors: Institutional Investors
Fund: Non-listed
Status: Investment phase