FOM completed the acquisition of four real estate properties in Germany from SCP Group.

FOM Real Estate, a real estate development company, completed the acquisition of four real estate properties in Germany from SCP Group, a private equity firm. Financial terms were not disclosed. "With the four acquisitions, we enable institutional investors to participate in a future-oriented and innovative fund concept with high property optimization potential. By taking advantage of construction and expansion options, we can significantly increase both the cash flow and the fund volume as well as the resale value. We are delighted with the newly acquired portfolio, which fits consistently into our manage-to-core strategy. FOM Real Estate is committed as an investor itself and thus supports FOM Invest with both expertise and resources. This also fully corresponds to our strategic positioning," Reinhard Walter, FOM Real Estate Managing Partner.