Partners III

In 2008, Kristensen Partners III was established with the aim of investing in German high street retail properties.

The fund - which originally held an equity of DKK 225m - was owned by professional as well as private investors.

In 2916, the fund disposed of 15 of its 17 properties to Swiss-based Corestate at a price well over book value.

It is estimated that the fund will be closed by 2021.