Zurich, August 24, 2021
Press Release

LAKEWARD announces the first closing of the "LAKEWARD Real Estate Fund - European Opportunities I".

LAKEWARD Advisory AG is pleased to announce the first closing of its real estate private equity fund, "LAKEWARD Real Estate Fund - European Opportunities I", as of 18 August. Around 25 percent of the targeted fund volume of EUR 120 million was achieved.

LAKEWARD, which had previously engaged its investors through co-investments, is a debutante in the world of real estate private equity funds. LAKEWARD was able to rely on the loyalty of its existing investment partners and the trust of newly acquired family office investors and private investors in raising capital. Most importantly, LAKEWARD partners and employees contributed EUR 5 million to the first closing demonstrating a solid commitment to the company and the Fund.

Through the entrepreneurial leadership, LAKEWARD Real Estate AG has gained a solid reputation and a proven track record through direct residential and commercial investments in Germany's leading metropolitan centres. The breadth of investment opportunities and the desire to establish LAKEWARD as an innovative investor, developer and investment advisor led Simon Koenig and his investment team to expand the investment offering and launch its first private equity fund. "Bundling co-investments into a fund offers investors the opportunity to participate in attractive investment opportunities in the real estate market" Simon Koenig notes.

The Funds investment strategy will focus on "value-add" and "opportunistic" real estate in Central European countries, emphasising the German market. The investments in "European Opportunities I" will be made by the experienced real estate investment team of LAKEWARD Management AG, which has an outstanding track record and excellent network in the region.

LAKEWARD has an attractive pipeline of investment opportunities that will undergo intensive due diligence before capital deployment. Simon Koenig notes, "our rigorous selection process allows us to ensure that investments match our demanding investment criteria and meet the LAKEWARD vision." Further, Koenig notes that "we will strive to deliver attractive returns for our investors but will not compromise on our established reputation and track record".

To focus entirely on the investments and re-investments the Fund is expected to final close in the third quarter of 2022.

LAKEWARD is currently in contact with several international and domestic investors. Simon Koenig notes, "The positive feedback from potential investors confirms our focused approach and investment philosophy." Finally, Simon Koenig notes, "This is our first step into real estate private equity funds, but not the last. The new opportunity to bundle co-investments into one fund allows us to build on our strong reputation with investors and partners and to address further investment and growth opportunities".

About LAKEWARD Real Estate AG
LAKEWARD Real Estate AG is an independent, internationally active Swiss-based real estate private equity investment company. The company was founded in 2015 by Simon Koenig.

Due to the strong network of relationships in the finance and real estate industry, the entrepreneurially managed investment company is able to access attractive investment projects.

LAKEWARD operates in the growing metropolitan areas in Europe, with a high focus on Germany, and accompanies the implementation of the projects in close cooperation with the partners involved throughout the various phases of a real estate investment and development. Entrepreneurial action and quality-oriented portfolio management enable the constant generation of attractive returns. LAKEWARD sees itself as a pioneer for innovative and profitable investors solutions in real estate investments.

Press Contact
LAKEWARD Management AG
Cornelia Trachsler-Arioli
Tel. +41 41 792 00 00
E-Mail trachsler@lakeward.ch

Disclaimer
All information in this document is provided for general information purposes only and this with no warranty or liability for accuracy, correctness, completeness, or fitness for a particular purpose. No information provided in this document shall constitute or is intended as investment advice. This document is not, and is not intended as, an offer, recommendation, or solicitation to invest in financial instruments including real estate investment. Lakeward Real Estate AG is a corporate entity registered under Swiss law in Switzerland and not subject to prudential financial market supervision. This document and its content including any brand names, logos, designs, and trademarks and all related intellectual property, proprietary, and other rights and interests therein and in the subject matter thereof are owned by Lakeward Real Estate AG, its affiliates or third parties. They must not be reproduced or used further without their prior consent.