Real estate investments are among the central allocation components in the portfolios of institutional investors as they contribute to diversification and thus to minimising the risk of the overall portfolio. Investments can be made by direct investment or through specialized real estate funds. In addition to the use of equity capital, access to debt capital is essential for the real estate industry in particular to implement investment projects. Segments of this asset class are residential, office, retail, industrial, logistics and hotel properties as well as other special-purpose properties (e.g. nursing homes, hospitals, educational facilities, etc.).