Our Acquisition Profile

Acquisition Profile Residential Properties

The following are the general criteria for our search in North Rhine-Westphalia (NRW).

Focus #1: Multi-Family Homes (MFH)
Multi-family homes with value-add potential (Opportunistic & Value Add) Examples include rental backlog (under-rent), renovation backlog, or other development opportunities, starting from 4 units.
From 1950 onward preferred.
Small, functional floor plans, preferably with balconies
Low commercial share preferred – If commercial spaces are present, conversion into residential use should be possible.
Good public transport connections and shops and amenities for daily needs should be within walking distance.
Maximum travel time to city centers and major cities – 45 minutes by public transport.
Target price per m² Less than €1,500/m² in B locations; less than €1,000/m² in C-D locations.

Focus #2: Lease/Management Properties for Special Leasing
As operators of furnished apartments we are looking for additional properties to support our expansion.
Long-term lease/management properties for the purpose of furnished rentals (e.g., to business travelers, students, construction workers, project managers, etc.).
Unit size per property between 3–10 residential units per property.
Benefits for Property Owners: a) Professional tenants/managers and best maintenance of the residential units. b) No risk of problematic tenants or neglected apartments. c) Higher returns with no effort through professional special leasing (serviced apartments, student shared apartments, construction workers, etc.).

Focus #3: Hotels/Guesthouses – Acquisition, Succession Solutions, Leasing, and Purchase Models
Privately operated (operator-free) hotels/guesthouses starting from 4 rooms.
Preference without restaurant or gastronomy operations.