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19th of May 2026: Franklin Real Asset Advisors (FRAA), on behalf of the Core Franklin Templeton Social Infrastructure Strategy1, has completed the acquisition of a recently refurbished c.9,000 sqm residential asset in Frankfurt am Main. The property has been converted from a hotel into refugee accommodation and is fully let on a long-term basis to a non-profit organisation operating on behalf of the city.

Klaus Schmid, Managing Director, comments: “This acquisition reflects our continued commitment to investing in assets that deliver both resilient income and meaningful social impact. Germany remains a key market for our strategy, and Frankfurt am Main in particular benefits from strong fundamentals and sustained demand for housing solutions that support local communities.”

Michel Lim, Senior Vice President, adds: “This asset represents a compelling opportunity to invest in high-quality, purpose-driven accommodation that addresses a critical need. The recent conversion has created a modern and functional living environment, and we see long-term value supported by the asset’s flexibility and its location within a rapidly evolving mixed-use district.”

FRAA has managed global and regional private real estate and real asset portfolios for investors since 1984, with its experience gained over multiple market cycles. Backed by the strength and stability of Franklin Templeton, FRAA offers extensive resources supporting private real asset investing. Since 2018, FRAA has completed over EUR 1billion of transactions for its Core Social Infrastructure Strategy.

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For more information please visit: https://www.ftinstitutionalemea.com/institutional/investment-capabilities/investment-themes/social-infrastructure

For media enquiries, please contact:
Constanze Ullmann
Franklin Templeton
Tel: +447391380187
Email: [email protected]

Notes to Editors:
This is a marketing communication.

  1. The strategy is managed by Franklin Templeton Institutional, LLC (the “Portfolio Manager”), which is a wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Templeton”). The Portfolio Manager is supported by the private real estate investment platform of Franklin Templeton, Franklin Real Asset Advisors (“FRAA”), which comprises dedicated real estate professionals working for Franklin Templeton.

About Franklin Templeton

Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity. With more than $1.74 trillion in assets under management as of April 30, 2026, Franklin Templeton operates globally in more than 35 countries. To learn more, visit franklintempleton.com and follow us on LinkedIn.

For more information, please visit: https://www.ftinstitutionalemea.com/

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