For institutional investors, Quantum has acquired seven residential properties in sought-after locations in Hamburg, Berlin, Düsseldorf, Cologne, Frankfurt and Bad Homburg.
For a club of professional pension funds from Berlin, Quantum Immobilien KVG has acquired a high-quality residential portfolio consisting of seven properties with a total of 532 residential and 10 commercial units as part of an individual mandate.
The portfolio includes properties in six German metropolitan regions: Hamburg-Barmbek, Hamburg-Neustadt, Berlin-Charlottenburg, Düsseldorf-Pempelfort, Cologne-Nippes, Frankfurt-Bockenheim and Bad Homburg. The properties were built between 2008 and 2013 and have a total lettable area of around 48,900 m², of which around 47,600 m² is residential space. With an occupancy rate of around 98 per cent, the portfolio is almost fully let.
Rare opportunity in sought-after locations
The transaction provides access to one of the rare, large-volume and high-quality residential portfolios in Germany’s top regions. All seven properties are located in grown, sought-after residential areas with excellent infrastructure and local amenities. Attractive capital values promise potential for value appreciation for a long-term investment in housing.
“The ‘Super Seven’ portfolio is exactly what we are looking for for institutional investors. Seven first-class residential properties in proven micro-locations in Germany’s strongest residential markets, almost fully let and energy-efficient for the future. Such opportunities don’t come along very often. We are all the more pleased that we have taken advantage of this opportunity for our investors,” says Martin Berghoff, Managing Director of Quantum.
The transaction took place as part of an asset deal. The parties have agreed not to disclose the purchase price. Quantum was advised by the law firm Jebens Mensching and WITTE Projektmanagement GmbH. The seller was advised by Hogan Lovells, JLL and BNP Paribas Real Estate.
