BayernLB recently took over the acquisition financing for an extensive residential portfolio. This mandate was realised for a club of professional pension funds from Berlin. The implementation was carried out within the framework of an individual mandate from Quantum Immobilien KVG.
The financed portfolio comprises a total of seven properties, characterised by a mix of residential and commercial units. 532 residential units and 10 commercial units were included. The properties are located in established areas of six German metropolitan regions, known for their high demand and good infrastructure.
Geographical distribution and property data
The geographical spread of the portfolio extends across several key locations in Germany. This includes properties in Hamburg-Barmbek and Hamburg-Neustadt, Berlin-Charlottenburg, Düsseldorf-Pempelfort, Cologne-Nippes, Frankfurt-Bockenheim, and Bad Homburg. This selection underlines the strategy of investing in sought-after and stable markets.
- —Total rental area: approximately 48,900 m²
- —Residential area: approximately 47,600 m²
- —Year of construction of properties: 2008 to 2013
- —Occupancy rate: approximately 98 percent
The properties were constructed between 2008 and 2013, thus representing a comparatively modern real estate stock. With a total rental area of about 48,900 m², of which approximately 47,600 m² are residential areas, and an occupancy rate of almost 98 percent, the portfolio demonstrates high utilisation and attractiveness.
Strategic importance of the financing
BayernLB emphasises that this financing serves to support institutional clients in gaining access to long-term attractive investments in the German housing market. The portfolio is classified as rare, large-volume, and high-quality, particularly due to its locations in sought-after markets. All properties have very good infrastructure and local amenities, which underpins the potential for value appreciation for a long-term commitment in the residential segment.
The transaction reflects the ongoing demand for stable and high-yielding residential investments in German metropolitan regions. For professional pension funds, such commitments are particularly relevant due to their long-term perspective and relatively low volatility.
