HANSAINVEST Hanseatische Investment-GmbH together with Wertgrund Immobilien GmbH acquired Pramerica Property Investment GmbH, now operating under the name of WohnSelect Kapitalverwaltungsgesellschaft mbH. Perviously being a subsidiary of PGIM Real Estate Germany AG the WohnSelect Kapitalverwaltungsgesellschaft mbH functions as Alternative Investment Fund Manager (AIFM) for open-end property funds. Due to this function the company maintains the in 2010 established open mutual fund betreut WERTGRUND WohnSelect D, whose main investment is focused on residential estate in Germany. Since 2013 HANSAINVEST administrates as Service-KVG several Special-AIF managed by WertGrund. With the joint acquisition of WohnSelect Kapitalverwaltungsgesellschaft mbH the parties expand their successful cooperation.