The Deutsche Finance Group has fully placed its alternative investment fund “DF Deutsche Finance Investment Fund 20 – Club Deal Boston III” with USD 135 million ahead of schedule.
Due to the high demand, following reaching the prospective equity of 100 million US dollars, a further equity tranche for private investors was secured and thus the investment fund was closed with a significantly higher placement volume.
The “DF Deutsche Finance Investment Fund 20 – Club Deal Boston III” has a planned term of 3.5 years and a projected return flow of 140%. The entry phase for Deutsche Finance Group’s new investment fund was originally planned to last until December 31, 2022.
The “DF Deutsche Finance Investment Fund 20 – Club Deal Boston III” enables private investors to invest together with financially strong institutional investors in a project development in the growing asset class lab offices, with a total net rental area of approx. 24,300 sqm, in the knowledge metropolis Boston.
The institutional club Deal Boston III is Deutsche Finance Group’s third project in Boston and is located approximately 1.5 km from the Kendall Square and Harvard Square neighborhoods of Cambridge, which are considered the center of biotech and pharmaceutical research in the region . In February 2022, the Deutsche Finance Group closed its first Lab Office Club deal in Boston, around nine months before the end of the prospectus term, with a total payout of 140.1% above plan. After only 27 months of investment, private investors got their investment back along with an attractive interest rate of more than 16% IRR pa.
“We are very happy regarding the excellent placement result. The success shows how important innovative products such as the “DF Deutsche Finance Investment Fund 20 – Club Deal Boston III” are for private investors, says Markus Spengler, Managing Director of Deutsche Finance Capital GmbH.
