The company’s activities are geared to a manage-to-core strategy. We understand this to mean the acquisition of properties with potential for increased value because of technical and/or commercial shortcomings, or location-related factors. Active asset management, taking into account the structural, legal, and technical conditions, can increase the earning capacity and hence the value of the property.

Locations

Rhine-Main-Neckar area:

• Frankfurt am Main, including the surrounding conurbations, such as
  • Offenbach,
  • Hanau
  • Dreieich
• Wiesbaden
• Darmstadt
• Mainz
• Mannheim
• Heidelberg

Requirements

• Residential buildings, commercial properties, and mixed residential and commercial properties
• In general, the properties should be in medium to good residential locations, whereby developing locations are of particular interest
• Properties that are partially let and/or with short unexpired lease terms are preferred
• Moderate to good technical condition, with maintenance backlog up to 50% of the purchase price
• Privately financed or up to 50% financial commitment
• Suitable for extensions, redevelopments, and/or change of use or complete demolition

Size

• In general, the above-ground BGF(≈GEA) should be at least 1,500 sq m
• In selected locations of Frankfurt and Darmstadt, also from 1,000 sq m of above-ground BGF(≈GEA)