German real estate funds post NAV over 100% in 2025

Scholz und Partner released 2025 annual reports for its “Westfälische Zinshaus” and “Westfälische Sozialimmobilien” closed-end real estate funds, showing new launches with audited net asset values above 100%, peaking above 150%. All funds paid distributions in full versus forecasts, with one new fund enabling an immediate special payout. Portfolio occupancy stayed above 99% at end-2025. Assets under management exceeded EUR 57.5 million, and cumulative real estate investment volume topped EUR 200 million.