Residential

Core to Opportunistic

EUR 10m or 50 residential units and upwards
 

Germanywide large/medium cities or cities with high influx of young people, also B and C locations with good prospects for business and population development

Especially Hessen and North-West Bavaria with a focus on the Rhine Main area and larger B and C locations such as Kassel, Fulda, Gießen and Marburg

Established residential areas / inner-city neighbourhood developments with a good infrastructure and access to public transport

All types of residential properties, including those with a small (<15% of net rental income) share of commercial spaces

Residential and commercial properties in city centre locations

Portfolios and residential complexes

Properties with redensification potential

Irrespective of vacancy rate (but no structural vacancies)

Need for refurbishment/modernisation

Rent increase potential

Subproject developments

Controlled tenancy, leasehold properties (also with a remaining term of less than 50 years), social rent control, preservation statutes, listed buildings, complex financing or ownership structures are possible

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