The basic requirement for
successful asset management is an
accurate and realistic assessment of
the technical and economic Status
Quo.
Objectives must be formulated,
taking into account the given
location and market conditions and
their future development. Objectives
and strategy are decisively
determined by the amount of
financial resources available.
Effective asset management by:
- Focus on the Asset strategy: exit, core or core +.
- Control the Property Management: own subsidiary (Hanseatic Management Office) or external service providers
- Development and implementation of long-term rental strategies
- Initialization and control of capex and tenant improvements with sound judgment
- Selection and control of external service providers
- Relationship management to other market participants (e.g. authorities, banks)
- Micro and macro analysis of the location and the competitive situation
- Monthly control of essential indicators (target - actual comparison)
- Implementation of the best possible exit scenarios through extensive network
Property development
A wide variety of circumstances may
contribute, to commercial real estate,
residential, or entire real estate
companies which do not meet the
economic expectations.
Revitalization - restructuring -
conversion
Revival of Portfolio properties
(existing properties)
Determination of remediation
measures
Optimization of property through
modernization or complete new
usage conception.
With such projects we
fundamentally pursuit towards the
owner position.
Purchase
- Definition phase:
- Meeting with vendors
Preparation of the investment
strategy
Investors objectives elaboration
- Research Stage:
- Financing structure
Market research for investment
opportunities
Adjustment of investment strategy
Desk research
- Transaction phase:
- Desk research
Viewings
Due diligence Support
Contract negotiations
Signing of the purchase contract
Sale / Rent
- Consulting phase:
- Market and price assessment
through drive by or desktop reviews
Development of the sales strategy
Pre-selection of potential investors
with Investment profiles by well-
developed network with
institutional investors and market-
leading brokerage houses
- Preparation phase:
- Creation of a data room
Data plausibility check
Drafting of the presentation
materials
- Transaction stage:
- Investors Selection
Implementation of the Viewings
with investors and surveyors
Price and contract negotiations
Contracting and signing
Evaluation
Due diligence by international
key figures: technical, commercial,
legal
- Slogan:
- The benefit of a space
is its profitability