In this German-language article, we comment on the application of the German Supply Chain Due Diligence Act to institutional investors in the real estate industry. We take the view that the agreements between the institutional investor and the AIFM are not part of either sides’ “supply chain”. We further argue that from a real estate fund’s perspective, the lease agreements concluded with tenants are also not covered by the German Supply Chain Due Diligence Act’s definition of the “supply chain”. Go to the article.