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.