ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. was established in 2007. The business of ERSTE Immobilien KAG is directed by Franz Gschiegl and Peter Karl (CEO). The company has a concession according to the Alternative Investment Funds Manager Act (AIFMG) and the Austrian Real Estate Investment Fund Act (Immobilien-Investmentfondsgesetz/ImmoInvFG).

It stands for the development, issue and management of profitable, sound real estate investments. The ERSTE IMMOBILIENFONDS and the ERSTE RESPONSIBLE IMMOBILIENFONDS enables interested investors to invest large or small amounts in real estate and to profit from the earnings generated by these properties. The funds had been set up in accordance with the Austrian Real Estate Investment Fund Act (ImmoInvFG) that went into force on 1 September 2003. 

Group Know-How and Strategic Partnerships Combined

ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. is owned by Erste Asset Management GmbH and Erste Group Immorent AG. The shares of Bausparkasse der oesterreichischen Sparkassen AG were taken over by Erste Asset Management GmbH in autumn 2016. Additional shareholders are S Immo AG and Wiener Städtische Versicherung AG / Vienna Insurance Group. By combining the expertise of these shareholders, the company is in an ideal position to leverage their experience, knowledge and technical understanding of the real estate market and the investment market.


Important legal information

This document is an advertisement. All data is sourced from ERSTE Immobilien Kapitalanlagegesellschaft m.b.H. unless indicated otherwise. Our languages of communication are German and English.

The “fund prospectus Information for Investors pursuant to § 21 AIFMG” (fund prospectus) and the simplified prospectus are prepared by ERSTE Immobilien KAG and published in “Amtsblatt zur Wiener Zeitung” in accordance with the provisions of the Alternative Investment Funds Manager Act (Alternative Investment Funds Manager-Gesetz, AIFMG, Federal Law Gazette No. 135/2013)  in connection with the Real Estate Investment Fund Act (Immobilien-Investmentfondsgesetz/ImmoInvFG) Federal Law Gazette BGBI No.80/2003 in the currently amended version.

The fund prospectus and the simplified prospectus can be viewed in their latest versions at the web site or obtained in their latest versions free of charge from the domicile of the ERSTE Immobilien KAG (management company) and the domicile of the Erste Group Bank AG (custodian bank). The exact date of the most recent publication of the fund prospectus and simplified prospectus, the languages in which the documents are available, and any additional locations where the documents can be obtained can be viewed on the web site

This document serves as additional information for our investors and is based on the knowledge of the staff responsible for preparing it at the time of preparation. Our analyses and conclusions are general in nature and do not take into account the individual needs of our investors in terms of earnings, taxation and risk appetite. Past performance is not a reliable indicator of the future performance of a fund. Please note that investments entail risks in addition to the opportunities presented there. Errors and misprints excepted.

ERSTE Immobilien Kapitalanlagegesellschaft, Am Belvedere 1, 1100  Vienna