Professional real estate management has already been implemented
Transparency and portfolio consistency is ensured
Consideration of real estate as „real asset“
Benchmarks:
10 to 20% of balance sheet sum of capital bound in real estate
10% of portfolio moves per year
8% total return p.a. of usage industrial
Up to 70% discount in case of sale of Group properties due to time pressure, lack of third party usability, brownfields, …
Project approach
Portfolio analysis and first assessment of monetary potential of investment and exit strategies regarding portfolio transition and clearance
Strategy development on the basis of processes and standards for ensuring compatibility of user and owner perspective
Stock: examination of owner structures with respect to a defined real estate strategy and development of market-oriented property strategy for selected properties as preparation for exit measures on property level
Transaction: assessment of legal platform for purchase and sale of real estate, e.g. foundation of a PropCo, wording for market-oriented purchase standards (building flexibility, location, third party usability) and establishment of a deal network
Results
Professional portfolio management via optimisation of risk allocation of the portfolio
Increased financial flexibility via optimised framework conditions in case of liquidation
Higher real estate quality via defined property strategies
Decrease of portfolio transitions and reduction of total life cycle costs
