The Group’s core strategy is the acquisition of business parks at attractive yields and/or with value-add potential which are transformed through investment and asset management to higher quality real estate assets.
This transformation includes the reconfiguration and upgrade of existing and vacant space to appeal to the local market, branding of the site and extensive asset management which includes extending anchor tenants, letting up vacancy and significantly improving service charge cost recovery.
The Group continues to be focused on growing both organically and acquisitively as well as recycling mature and non-core assets to free up capital to be used to acquire assets which it can transform and add greater value to.
The type of asset that the Group acquires and develops can be divided into three categories:
Traditional industrial business parks
Typically large production sites built many years ago by owner/occupiers and developed for their specific needs.
Modern mixed-use business parks
Typically higher quality office, service and warehouse properties built for multi-tenants in the 1980s and 1990s.
Typically good quality office buildings in secondary or tertiary locations near the big seven major office markets in Germany.
Our five value drivers