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Patrizia Raises Additional €200 Million for Smart City Infrastructure Fund

Global Investment Management Firm has Now Raised Nearly €1 Billion
The Smart City Infrastructure Fund has fully committed its initial capital of €750 million to smart city projects across Europe and North America (Fotolia)
The Smart City Infrastructure Fund has fully committed its initial capital of €750 million to smart city projects across Europe and North America (Fotolia)
By La rédaction Business Immo
August 28, 2024 | 7:16 AM

Patrizia, a German-based global real asset investment management firm, has secured a further €200 million for its flagship Smart City Infrastructure Fund (SCIF), launched in November 2018. This brings the fund's total commitment to €950 million, thanks in part to the contribution of investor APG Asset Management.

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