Generates revenue by leasing and managing residential apartment buildings and recovering service charges from tenants, and by converting rental apartments into separately registered condominiums sold to end buyers.
Geographic Exposure
Germany100%
Revenue Drivers
Residential leasing and property management
Leases and manages residential apartment buildings, recovering tenant service charges.
CORE75.6%
Apartment conversion and condominium sales
Converts rental apartments into separately registered condominiums and sells them to buyers.
SIGNIFICANT22.8%
End Markets
Residential Apartment Tenants
Commercial Ground-Floor Tenants
Owner-Occupier Apartment Buyers
Specializations
Rental-to-condo parcellation and condominium registrationPreservation refurbishment of monument-protected buildingsAcquisition and repositioning of under-managed residential assetsNon-recourse asset-level property financingTenant financial underwriting and screeningOffice-to-residential conversion and residential development+1 more
