The investment focus is on existing properties, land and forward deals in cities with a population of 10,000 or more that have infrastructure and economic strength.
Acquisition profile
| Residential | |
|---|---|
| Investment focus | - Main focus on existing properties (residential portfolios, multi-family houses, residential and commercial buildings, mixed-use properties with residential share > 60 %) - Undeveloped residential land with building rights - Forward deals - acquisition of residential real estate properties before completion from developers |
| Investment size | from EUR 10 million | preferred EUR 15 - 50 million | max. EUR 200 million |
| Markets/Locations | - Large cities in Germany with more than 100,000 inhabitants - Medium-sized towns in Germany with more than 20,000 inhabitants - Small towns in Germany with more than 10,000 and up to 20,000 inhabitants, suburbs of A-cities (Berlin, Düsseldorf, Frankfurt am Main, Hamburg, Cologne, Munich, Stuttgart) or small towns in metropolitan regions (Rhine-Ruhr, Berlin-Brandenburg, Munich, Rhine-Main, Stuttgart, Hamburg, Central Germany, Hanover-Braunschweig-Göttingen-Wolfsburg, Nuremberg, Northwest [Bremen/Oldenburg] and Rhine-Neckar). - In good to very good macrolocation, good microenvironment (good transport connections, no social hotspots, no disruptive urban development factors, no development trend towards vacancies and deterioration of the location's image or negative impact on long-term residential quality). |
| Object properties | - Properties with optimisation potential (redensification, space allocation, tenant structure, fluctuation, rent level, high vacancy rate, etc.) - Properties in need of maintenance and refurbishment - Properties from special situations (portfolio adjustment, bank liquidation, legal challenges, insolvency, etc.) - Properties with sustainable and good substance - Undeveloped residential properties with building rights, good property condition and good building ground, etc. - For forward deals: turnkey conception with excellent building specifications and high energy standards |
| Requested object documents | - Property address, micro-location, macro-location - Description of the property, photos (interior/exterior), building description if applicable - Year of construction, details of recent maintenance and refurbishment measures - Floor plans, site plan and elevation plan, energy certificate, electrical plan if applicable - Area details (according to type of use residential and commercial) incl. definition (e.g. NGF, BGF), possible uses - Current tenant list (list by type of use residential and commercial, annual net actual rent, annual net target rent, number of vacancies, advance payment of operating and heating costs, lease terms, etc.) - Non-allocable management costs - Purchase price - Written proof of commissioning as broker |
| Other | - Exclusively direct purchase (asset deals), no purchase of company shares (share deals). Please send your offers preferably by e-mail to: info@tittes-immobilien.de |
| Disclaimer | The described purchase profile does not constitute an offer to conclude a brokerage contract. It is for information purposes only. The same applies to the use, distribution, publication and reproduction for third parties. Brokers must provide proof that they have been commissioned by an owner. A brokerage contract to be concluded with us requires a special form; it is only concluded after a written offer has been submitted and accepted in writing by Mark Tittes. |
Contact
Your contact person is Mark Tittes.