ERWE Immobilien AG is set to significantly extend its activities in terms of building a growing commercial real estate portfolio and, to this end, is launching a new business field. The company specifically founded for this purpose, ERWE Invest GmbH, will pursue the objective of building and managing a portfolio of attractive commercial properties in German inner cities with the participation of institutional investors. ERWE will co-invest in each transaction, thus enabling it to benefit from the planned value growth as well. To finance its intended investments, the newly founded company ERWE Invest will, among other measures, launch funds. The company's investment strategy will build on the competencies of its group parent and target investments in commercial properties in prime locations of second-tier German cities. As many German inner cities are due to be restructured - away from their current monothematic focus on retail and towards a broader mix of real estate use - ERWE sees significant potential for development and value growth.