| OFFICE | RESIDENTIAL | HOTEL |
Type of investment | Core | Forward Deals | Core, Core+, Value-Add |
Investment size | Individual prop. > € 40 million | € 10 million | Properties with more than 70 rooms including potential for expansion or extension |
Markets | A-Cities | B-Cities with positive demographic development, high student density, regional economic power and infrastructure | A- and B-Cities |
Location quality | CBD | In good to very good microlocation, good microenvironment and very good transport connections | Mainly very good locations, international holiday regions. USP: Golf + Leisure Port |
Object quality | New builds (including projects), Older properties in a renewed condition | New developments | 4-5 star category, new building, good trust guest hotel ranking, project development with prompt completion possible |
Rental contracts &Tenant quality | Balanced lease structures and reliable partners. Long-term lease contracts with a duration of at least 5 years on average. Occupancy rate of at least 75 % | | Hotels or resorts with expiring leases and management contracts |
Soft criteria | Existing properties | | Properties with repositioning potential with regard to refurbishment, renovation, redevelopment or expansion |
Value-Add- criteria | Single and portfolio transactions | Single and portfolio transactions | Single and portfolio transactions |