Deutsche Finance America Announces $3 Billion of Closed U.S. Investments

DENVER, COLORADO (March 9, 2020) –Deutsche Finance America (“DFA”) is pleased to announce surpassing $3 billion of closed investments in the U.S., following the $400 million off-market acquisition of 530 Broadway in Manhattan’s vibrant SoHo neighborhood. The historic 198,000 SF office and retail property, built in 1900, was acquired on behalf of DFA’s Prime U.S. Office fund.

Established in 2018 by managing partner Jason Lucas and parent company Deutsche Finance Group (“DFG”), the U.S. private equity investment platform DFA has successfully acquired 11 investments totaling approximately $1.5 billion of equity and $3.1 billion of total projected capitalization. The investments include joint ventures with local, national, and international partners for residential, hotel, life sciences, student housing projects and most recently a focus on prime gateway office investment opportunities. DFA’s properties are located in New York City, Beverly Hills, Miami Beach, Boston, Boulder, and Minneapolis.

Dr. Sven Neubauer, executive partner of DFG, commented, “DFA continues to deliver high-quality assets in top locations. Our investors are eager to partner with us on these best-in-class investments.”

Lucas added, “Our ability to execute across multiple product types shows our diversity and strength. This year we are focused on growing our prime office investment platform in major metropolitan cities while executing business plans on our current $3.1 billion portfolio.”

About Deutsche Finance

DFA is part of Deutsche Finance Group, a leading global investment management firm active since 2005 with €6.3 billion of assets under management and investments with exposure in over 46 markets. The Group specializes in private market investments in real estate and infrastructure. DFG has over 120 employees and is headquartered in Munich with offices in London, Denver, Zurich and Luxembourg. The Group is privately owned and individual companies in the group are regulated by the Federal Financial Supervisory Authority of Germany, BaFin.