For Torsten Knapmeyer, managing director of fund management and product development at Deka Immobilien and its sister investment company WestInvest, the year has got off to a good start. With a EUR 250 mln acquisition already under its belt, Deka Immobilien is fast cementing its reputation as one of the most prolific real estate investors in Germany. And at a time when the German open-ended fund industry is undergoing a shake-out amid new regulation, Deka is steaming ahead, unafraid to tap markets that other investors fear to tread.