Commercial

Core Plus to Opportunistic

EUR 15m and upwards

Germanywide locations with good prospects for business and population development

Structurally strong A, B and C locations with a strong industrial or higher education sector and stable demographic development

Good infrastructure and access to public transport

Commercial properties with a focus on offices, also with a small share of warehouse/production space

Properties with redensification potential

Properties with right to build or foreseeable procurement of right to build

Irrespective of vacancy rate (but no structural vacancies)

Need for refurbishment/modernisation

Redensification potential and reclassification opportunities

Rent increase potential

Subproject developments

Leasehold properties (also with a remaining term of less than 50 years), listed buildings as well as complex financing or ownership structures are possible

Atypical project constellations with a special risk/yield profile are equally conceivable