ACQUISITION PROFILE



OFFICE

   
Usage Office buildings (incl. mixed use)
Macro Location A- and B-cities in Germany
Micro Location Very good or good micro locations
Construction year Existing and new buildings, old buildings with historical character (construction year before 1948)
Volume € 8m to € 100m
Occupancy rate (gross initial yield) Minimum 80 % 
Comment Good building quality and lease structure with focus on multi tenant properties
Portfolios with corresponding single asset values

Sönke Ezell Investment Origination

RETAIL

   
Usage Retail, high-street properties, retail parks, shopping centres
Macro Location Germany
Micro Location Pedestrian areas, inner city, district centres
Construction year Existing buildings, new buildings
Volume € 10m to € 120m
Occupancy rate Minimum 80 %
Risk class(gross initial yield)
Core to Core plus (min 5.0 %)
Comment Shopping Centre: Min. rental area of 15.000 sqm

Christoph Jauck Asset Management Shopping Center

HEALTH CARE

   
Usage Nursing Homes, Assisted Living Facilities, Medical Office Buildings MOBs (medical centres, health centres)
Macro Location Focus on Western German states, cities > 7.500 inhabitants or catchment area > 25.000 inhabitants, purchasing power min. 90, conurbations with high centralisation
Micro Location Central location with good infrastructure and/ or connection to hospital, residential surrounding area
Construction year Existing buildings max. 10 years old, developments
Volume € 5m to € 35m
Occupancy rate Minimum 90 %
Risk class(gross initial yield)
Core (min. 6.0 %)
Comment WALT Nursing Homes, Assisted Living: > 15 y.
WALT MOBs: > 8 y.
Double-net contracts
No maintenance backlog
Experienced management

Sebastian Schlansky Transaction International

RESIDENTIAL

   
Usage Apartment buildings, suburbs of single family houses, micro living, retail, restaurants as well
residential and commercial buildings
Macro Location Prime cities and surrounding area, secondary cities, university towns in Germany
Micro Location Long-term rentable locations
Construction year Existing buildings, developments (forward deals)
Volume € 2m to € 40m
Occupancy rate 100 %
Risk class(gross initial yield)
Core to Value Add (min. 4.5 %)
Comment Portfolios > € 40m

Jochen Worringen Transaction Residential

DEVELOPMENT RESIDENTIAL

   
Usage Plots/properties which are suitable for residential development
Macro Location Greater Cologne, Düsseldorf, Aachen, Muenster, Greater Frankfurt (Rhine-Main), Wiesbaden, Mayence,
Darmstadt, Greater Munich, Berlin/Potsdam, Greater Hamburg
Micro Location Urban areas with existing infrastructure (local supply, education, public transport, etc.), preferable in
central areas and good suburban areas
Construction year Undeveloped or developed sites, already planned properties
Volume € 1m upwards per property/ Realisable flats: 15 accomandation units upwards
Occupancy rate (gross initial yield) Vacant or let
Comment All kinds of properties which can be turned into residential space, torn down or newly built
With or without planningregulations
Conversion areas, future development land

Peter Schmidt Real Estate Development Rhineland

Downloads

https://www.corpus-sireo.com/en/services/acquisition-profiles
: 23.10.2017