Cloud Foundry cf dev start unable to find VM IP address

Question

I'm trying to setup a CF Dev environment on a remote virtual server running Ubuntu. After following the documentation on Github about CF DEV I come about the following issue.

After the 60gb download is completed Cloud Foundry will try to start the Virtual Machine's it created for the environment. But at the step Fetching VM Address the setup will exit with the following error:

cf dev start: unable to find VM IP address from '/var/lib/libvirt/dnsmasq/virbr0.status'

After looking into the contents of the file it mentioned i can clearly see there is an IP-Address (blurred the real address)

[
  {
    "ip-address": "192.168.***.***",
    "mac-address": "0a:0b:**:**:**:**",
    "hostname": "linuxkit-0a0********",
    "client-id": "01:0a:0b:12:********",
    "expiry-time": 1602239024
  }
]

I already set the premissions of the file and it's folder to 775. So the program should be able to read the file with the IP Address.

Is there a possibility it is not possible to run these CF DEV on a virtual server? When i run kvm-ok i will get the following result:

INFO: Your CPU does not support KVM extensions
INFO: For more detailed results, you should run this as root
HINT:   sudo /usr/sbin/kvm-ok

Any help appreciated