Forms JV with IPH, plans to add residential property to portfolio. : Wealth Management Capital (WealthCap) has partnered German retail property manager IPH as a first step in a new expansion push to lift assets under management to €15bn in five years’ time from around €10bn now. The real-estate and investment manager owned by Germany’s HypoVereinsbank also plans to add residential property to its portfolio for the first time later this year, broadening its real estate in sectoral terms from its current focus on offices.