Overview
UFG Real Estate Fund, L.P., our first real estate fund, was formed in June 2007 with a total fund size of $130 million and fully invested in less than one year since its inception in five land plots and early vertical development projects in Central Russia. The Fund already achieved a number of successful exits and continues to develop its assets to highest Western development standards.
Capitalizing on the success of the UFG Real Estate Fund, and fully appreciating the market potential of real estate assets in Russia, UFG launched UFG Real Estate Fund II, L.P. in June 2008. The Fund held a final closing in June 2009 with a fund size of $81 million. The fund made its first investment in May 2010 acquiring fully rented out Class A business center in a prime location in Moscow at a compelling valuation. In July 2011 Fund II acquired three more assets in two other Class A buildings in Moscow in partnership with a large foreign institutional co-investor. UFG Real Estate remains in active investment mode looking for new properties expecting to team up with other foreign investors in most of the cases.
UFG Real Estate funds are advised by a team of international and local professionals with extensive experience in real estate markets, analytical and legal research, direct investments and investment portfolio management.
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BLOOMBERG # 1
UFG Russia Select Fund ranked in Bloomberg Emerging Markets Top-10 »
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UFG`S INVESTOR TRIP TO RUSSIA
UFG Asset Management hosted its 3nd annual Investor Trip to Russia, April 24-26, 2012 »
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UFG`S INVESTOR CONFERENCE CALL
UFG AM held investor conference call on April 4 to share market insights and detail recent portfolio moves with regard to the unfolding global debt crisis. »
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UFG AM & DEUTSCHE BANK
Deutsche Bank to increase stake in Deutsche UFG Capital Management to 100 per cent »
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UFG AM RATINGS FOR YEAR 2011