Press release

NAS Invest and BlueRock Fund acquire residential properties worth a total EUR 50 million

NAS Invest and BlueRock Fund acquire residential properties worth a total EUR 50 million
– Acquisition of close to 200 residential units over the first half of 2016
– Acquisition for the “NAS Berlin Residential Growth”fund
– Investments for another EUR 100 million planned

Berlin, 28 June 2016.NAS Invest, the Berlin-based real estate investor and asset manager, and BlueRock Fund, an AIFM compliant investment fund, have acquired residential properties in Berlin for about EUR 50 million over the first half of 2016. The acquisitions have beenmade primarily for the portfolio of the co-managed “NAS Berlin Residential Growth” fund.

Overall, NAS Invest and BlueRock Fund have acquired close to 200 residential units across the Berlin districts Charlottenburg, Wilmersdorf, Tiergarten and Mitte over the first six months of the year. The two partners expect to invest another EUR 100 million over the next years. NAS Invest is responsible for property asset management and the implementation of the individual projectstrategies, while BlueRock is in charge of AIFM compliant fund management and reporting.

“Our deep network enabled us to acquire these residential properties in Berlin off market. We will now modernise and reposition them in line with our fund strategy,” says Nikolai Dëus-von Homeyer, managing director at NAS Invest.

“The Berlin residential market still has huge growth potential. Our ability to leverage a local network enables us to identify unique investment opportunities that stand out in the European market including from a risk return perspective,”adds Ronny Pifko, director and founder of BlueRock Fund.

NAS Invest and BlueRock Fund target core plus and value add properties across German metropolitan regions and more particularly in Berlin for the “NAS Berlin Residential Growth” fund.Please go to www.nas-invest.com and
www.bluerockfund.com
for additional information.

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About NAS Invest
NAS Invest manages property investments worth more than 100 million euroswith a focus on residential properties in conurbations across north -eastern Germany and multi-tenant office properties in German metropolitan areas. The company builds on its real estate teams’ long-term investment experience, which dates back to the early 1970s.

About Blue Rock
BlueRock is a fund for investment professionals licensed in Gibraltar and, inter alia, regulated by AIFMD in both Luxembourg and Gibraltar,with more than 350million euros in real assets in Germany and Switzerland under management.