Here is a spectrum of our work based on different case studies. Perhaps you will discover solutions for your tasks.
Marketing of a problematic inner-city plot in Dresden
The history of a € 200 m. severe residential portfolio
Consulting and transaction advice for inner-city development site
The development of a real estate strategy for a public association
de-escalation measures of pension reserves
Handling of a needy residential portfolio
Of course, we are not only working for big names. It is much more important to us customers recommend us to others. And at 100 percent.
We work on varying sizes and types of deals: sometimes larger, sometimes less great, but always challenging. To be clear, we would not receive mandates, if it were easy. How many transactions we have actually worked on in 50 years, we can not honestly say. In a developed market, the opportunities have narrowed a bit, but the opportunities that do exist are good ones and this will not change anytime soon.
As part of a structured sales process, we brokered the projected new construction site “City Living Esslingen” in Esslingen near Stuttgart to Bonava Wohnbau GmbH. On the former commercial site not far from the new campus and the hospital, 199 one- to two-bedroom apartments and 34 apartments are being built. In the future, Bonava will work with the seller to sell the units as part-ownership.
A modern medical center with a gross floor area of around 7,700 sqm is being built in the new district at Phoenix-See. The currently completed multi-tenant building has a bright metal facade and a spacious atrium flooded with light. Some of the renowned tenants have signed leases of up to 20 years. Among the numerous interested parties, a southern German fund initiator has prevailed.
On behalf of an international investment company based in Luxembourg, we brokered a mixed-use commercial building in a prime location in Bielefeld to a regional property owner. The building, which was constructed in 1964, has a total area of around 2,200 square meters and has potential for optimization. This was exactly what our buyer, a medium-sized real estate company that focuses on properties with development potential in good inner-city locations in North Rhine-Westphalia and Lower Saxony, was looking for. The purchase price was in the mid single-digit million range.
We have been working with the buyer of two residential ensembles in Frechen near Cologne and in Dusseldorf on the purchase and sales side for a long time. For the local property owner and investor, these two value-add properties with a total of 35 units were an ideal fit for the portfolio. Due to the combination of good, also energetic building substance and property as well as medium-term market potential, we were able to realise the target price for the previous private owners in each case.
We have brokered a core-refurbished office/doctors’ building in Hanau near Frankfurt to an established crowd investor. The property is almost fully let and is located around 2.5 km north-east of the city centre in the “Lamboy-Höfe” area. The listed, representative building has a total lettable area of approx. 3,780 m². The complex sales process, which took around 2 years, included the dissolution of a leasing structure as well as a property division and was carried out on behalf of a property management company.
On behalf of the Potsdam-based project developer Leonwert Immobilienmanagement, we brokered the new construction project Baumschulwiese in Ketzin/Havel as a forward deal to Industria Wohnen for the public fund “Fokus Wohnen Deutschland”. By 2023, 8 buildings with 138 residential units and approx. 10,150 square metres of usable space will be built, with 124 flats let to Gemeinschaftswerk Wohnen und Pflege. Ketzin is half an hour from Potsdam and one hour from Berlin.
On the exclusive sole behalf of a private asset management company, we brokered a fully let residential complex with rent increase potential in the north of Jena. Only 5 weeks after the start of sales, we presented the owner with a buyer who was planning the subdivision of the 24 residential units, which became questionable due to the Building Land Mobilisation Act passed by the Bundestag at the same time. Shortly afterwards, we found a suitable investor in the form of a Thuringian landowning company, which is using the residential complex to further expand its real estate portfolio in central Germany.
In an exclusive mandate, we advised the international aluminium group Hydro on the restructuring of the research and development site in Bonn used by its subsidiary Hydro Aluminium Deutschland GmbH. The marketing of the approximately 37,000 square metre site in the Auerberg district took place within the framework of a structured bidding process. The purchaser is Cube Real Estate, which intends to develop the site into a predominantly commercially used quarter.
With Twice Hotel we have found a suitable new tenant for the former Quality Plaza in Dresden. The 8,600 m² hotel in Königsbrücker Straße was built in 1997 and has 148 rooms and 7 conference rooms. A special highlight is the historic ballroom, which is a listed building. The halbersbacher hospitality group has concluded an operating agreement with the owner of the property, Fair Value REIT-AG, with a term of more than 20 years. The reopening is scheduled for Q4 2021 after an extensive refurbishment and conversion.
On behalf of a southern German real estate company, we brokered this fully let residential complex from 1974 with 117 residential units and a total area of 8,929 square metres to the Barton Group. This is the investment house’s third purchase for the open-ended special fund “Barton Wohnen Deutschland II”, thus targeting its existing portfolio of 4,000 AuM. The seller, who had mandated us exclusively, was extremely satisfied with the purchase price achieved.
Fund acquires generously proportioned existing residential complex in Hesse’s state capital.
On behalf of an Israeli holding company, we brokered an office and commercial building complex in Chemnitz to an inestor from southern Germany specialising in opportunity investments. The two buildings, constructed in 1996 in the Kapellenberg district, have a lettable area of approx. 6,358 m² with extensive value-add potential.
The transaction was carried out as a share deal.