Bilfinger manages €1b of commercial deals in Germany during 2015

Real estate services provider Bilfinger managed commercial transactions across Germany worth €1.1 bn in 2015.

Within the scope of asset management mandates, real estate services provider Bilfinger Real Estate managed commercial real estate transactions across Germany worth €1.1 bn in 2015.

The 12 property sales in Hamburg, Düsseldorf, Frankfurt, Munich and the Rhine-Main area include some of the largest single investment deals at top German locations last year – notably the sale of the Frankfurt high-rise office building, Trianon, to NorthStar Reality Finance and the Berliner Tor Center in Hamburg St. Georg to the Zurich Group Germany.

The asset management experts at Bilfinger Real Estate also managed the sales of the Main Airport Center at Frankfurt Airport, the office complex at GOFA Gotenstraße 10-12/Frankenstraße 3-7 in Hamburg City-Süd and the SAONEHAUS in Frankfurt-Niederrad, among others.

Ralf Klann, managing director and head of asset management Germany at Bilfinger Real Estate: 'The German investment market in 2015 was characterised by significant pressure to invest from foreign investors, which drove purchase prices for commercial real estate to record highs, particularly in the core segment. Willingness to invest in properties with vacancies and requiring repositioning outside of the top locations in Germany also increased. With our asset management experience we can advise investors plan their investments, control the associated risks and manage the properties purchased to create value added.'

With an asset management team present throughout Germany, Bilfinger Real Estate advises and accompanies national and international investors in the planning, execution and value enhancement of their real estate investments in Germany. Asset management clients of the real estate services provider include institutional investors from the finance and insurance sectors as well as private investors.