Revision with unchanged content. The intention of this book is to provide an insight in the Pan-European Real Es?tate Investment scene. In order to point out the special aspects of this to?pic, the theoretical introduction about the Real Estate market in general and its particularities is supplemented with the analysis of a current Investment ve?hicle. In this context, the focus lies on the examination of prevailing and fu?ture market opportunities and the execution of convenient Investment stra?te?gies that are customised on Pan-European markets. Institutional investing has be?come increasingly important what involves that Real Estate as an asset ca?te?gory has become more and more interesting for prospective investors ? whe?ther direct or indirect. In times of increasing internationalisation, the in?ten?tion of this book is to illustrate the Pan-European relations and collaboration. Accor?dingly, the book concentrates on Pan-European Investment that be?came very attractive for investors within the last few years and will have great im?pact on the future Investment market. In this context, the book deals with a Closed-end Fund which is specialised on Cross-border Investment and Real Es?tate Externalisation by custom tailored sale-and leaseback transactions. This Fund was chosen due to the current relation to important market de?ve?lop?ments occurring with this specific outsourcing phenomenon.