DAHLER Invest, the Germany-wide specialist for the brokerage of investment properties to private and semi-professional investors, is expanding its activities in Central Germany. Philip Richter (36) will assume responsibility for the further expansion of the investment business in Magdeburg. With the experienced real estate expert, DAHLER Invest is strengthening its presence along the Halle-Magdeburg-Braunschweig growth axis and creating the basis for even stronger local roots in the region in the future. In the future, the opening of its own office in the Saxony-Anhalt capital is planned.
Philip Richter has more than ten years of experience in the brokerage of residential and commercial real estate for capital investment and can look back on a brokered transaction volume of over 250 million euros. In recent years, he has played a key role in establishing the location of a globally active brokerage company in Saxony-Anhalt and has also gained experience in both corporate and owner-managed real estate companies. Together with Philip C. Hetzer, Managing Partner of DAHLER Invest, Richter also has a long-standing entrepreneurial cooperation.
“I have known Philip Richter for many years as an extremely focused and deal-oriented real estate expert. Our multi-year cooperation in the past has always been characterized by a high level of professionalism and great trust. I am all the more pleased that we are now continuing on this path together at DAHLER Invest,” says Philip C. Hetzer.
Magdeburg is one of the most economically dynamic locations in eastern Germany and is becoming increasingly important for private real estate investors. The state capital of Saxony-Anhalt generates more than ten percent of the state’s gross domestic product and benefits from its central location in the “heart of Germany”. At the same time, the location combines the advantages of a university city with the characteristics of an established C-city. Especially in the multi-family housing segment, Magdeburg offers attractive risk-return profiles in a nationwide comparison.
“Investment properties in Magdeburg offer gross yields that are up to 15 percent above the average of comparable C-cities. Thanks to the historically stable price development and a convincing risk-return ratio, demand for real estate in the city is likely to increase again,” says Philip Richter. “At the same time, today’s market demands speed, networking and entrepreneurial flexibility. A key reason for my move to DAHLER Invest is therefore the cross-location cooperation within the nationwide network. The close integration of the team enables us to provide comprehensive support to investors regardless of traditional territorial boundaries and to react much more efficiently to market opportunities.”
With more than 20 investment teams throughout Germany, DAHLER Invest is consistently pursuing the expansion of its nationwide network. The aim is to provide investors with direct access to local markets, off-market properties and reliable market information. Especially in regionally influenced investment markets such as Magdeburg, personal networks and local market knowledge play a central role.
