Frankfurt, 6 March 2025 - Orange Capital Partners (“OCP”) and One Investment Management (“OneIM”), a global alternative investment management firm, completed the acquisition of 89.9% of its shares in the subsidiaries of the North Rhine-Westphalia-based “Cosmopolitan” portfolio from the Adler Group S.A. ("Adler Group") with effect from 28 February 2025. The Cosmopolitan portfolio comprises 6,788 rental units in North Rhine-Westphalia.
A property value of EUR 422,5 million was used as a basis.
Frankfurt-based aam2core Holding AG has taken over the asset management of the portfolio, including technical and operational aspects. Pro Haus Plus GmbH has assumed property management responsibilities for the portfolio.
The portfolio will be optimised to increase long-term value through enhanced attractiveness for tenants, and energy efficiency investments.
Casper Vernooy, Partner and COO of Orange Capital Partners said:
“aam2core and Pro Haus Plus GmbH are trusted partners known for their excellent management skills. We are confident the combination will result in a strong value enhancement.”
Jens Ebert, Member of the Management Board at aam2core said:
"We are grateful for the confidence placed in us by OCP and OneIM. At aam2core, we have extensive experience in managing large, heterogeneous residential portfolios, and delivering energy refurbishment projects. This new asset management mandate is another milestone on our strategic growth path.”
Paul Hohenstatt, Head of Residential Investments at aam2core said:
“The portfolio will benefit from the strong structural fundamentals in the German residential sector. The concentrated portfolio streamlines asset management, enhances operational efficiency, and drives rental growth by enabling control over entire submarkets. Over half of the portfolio is situated in Rheinhausen, a relatively affluent district of Duisburg, which is widely recognized as a commuter hub and spillover area of Düsseldorf.”
John Bothe, Founder and Managing Partner of Pro Haus Plus GmbH, said:
“We are pleased to assume property management responsibilities for this first German portfolio of Orange Capital Partners and further expand our expertise in the management of residential and commercial properties in North Rhine-Westphalia. This acquisition marks another strategic milestone for us, combining our expertise in property management with digital solutions to create added value for our partners and clients. We are confident that together with aam2core and OCP, we will manage the portfolio sustainably and successfully, ensuring long-term value through enhanced tenant satisfaction and energy-efficient investments.”
About aam2core Holding AG
aam2core is a real estate investment manager for residential, office and logistics / light industrial properties for institutional and non-institutional investors. Its subsidiary, aam2core Service GmbH - a BaFin-registered capital management company - acquires and manages office properties for (semi-)professional investors via direct mandates and seven specialized fund solutions. The company manages a total of EUR 3.4 billion in assets with a total area of nearly 1.7 million sqm, serviced by approximately 90 employees. aam2core invests in Germany and Austria. The company is headquartered in Frankfurt am Main with offices in Berlin, Bad Homburg, Düsseldorf, Grünwald and Leipzig. The Management Board of aam2core Holding AG consists of Jens Ebert, Stefan de Greiff, and Michael Schleich.
About Pro Haus Plus
Pro Haus Plus GmbH, based in Düsseldorf, offers professional property management solutions across Germany. The company stands out through specialized services and modern technologies that create sustainable value for both owners and tenants. With strategically located offices in five cities and over 100 real estate specialists, Pro Haus Plus ensures focused client support and personal service on-site. The holistic approach of Pro Haus Plus emphasizes long-term economic success as well as tenant well-being. Furthermore, the maximum specialization within Pro Haus Plus GmbH's departments—through the application of 10 specialized building blocks—allows for precision and efficiency in managing all property management challenges. By integrating cutting-edge digital technologies and efficient processes, the quality of management is continuously optimized, enabling proactive identification and efficient resolution of challenges.
Pressrelease dated 06.03.2025
aam2core Holding AG