Our Acquisition Profiles

Investments in Germany, Europe and International

As one of the leading European real estate investment manager, we invest in the growth markets of tomorrow.

With a transaction volume of EUR 22.7 billion within the last five years (2015 to 2019), mainly comprising acquisitions worth EUR 17.5 billion, we are one of the most active investors in the last few years. Entering new markets that offer growth potential plays a significant role in our investment strategy. Our real estate management activities focus on securing stable cash flows. The focus of investment is on office, retail, hotel and logistics.

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Here you can find the Acquisition Profiles in an overview.

Deka Immobilien - Acquisition Profiles (313 KB)

Our Acquisition Profiles in an overview:

Office
Retail
Hotel
Logistics

Office

Investment volume

Individual properties starting from 30 million euros
Portfolios

Classification

Core
Core Plus

Locations

Metropolitan and densely populated areas
Established office locations
Good access to local public transport

Properties

Energy-efficient and sustainable properties, best case certified according to e.g. BREEAM, DGNB, HQE or LEED
Less than ten years old
Alternatively: last remodelling or renovation less than five years ago
No maintenance backlog
Possibly of third-party use
Adequate number of parking spaces

Tenancy agreements

Minimum term of five years for single-tenant / minimum average term of five years for multi-tenant properties
Minimum occupancy rate of 75 %, may be lower for excellent locations
Creditworthy tenants
Standard terms for indexation and operating expenses

A selection of our office investments

"HVPX" in Berlin

High-value property in a central location in Berlin-Mitte, close to the Gendarmenmarkt.

Strategy: Core
Leasable area: over 6200 m²
Closing: 2020
Portfolio: Mutual funds

"The Reflector" in Dublin

New office building in the Dublin Docklands with LEED Gold certification. 100% leased to four users.

Strategy: Core
Leasable area: over 11,500 m²
Closing: 2020
Portfolio: Mutual funds
Volume: Headline price EUR 153 million

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Sainte Cécile, Paris, France

A multi-functional, modern office building located in the lively 9th arrondissement that is fully leased to BNP Paribas bank.

Strategy: Core
Leasable area: around 9400 m²
Closing: 2020
Portfolio: Institutional mutual funds
Volume: EUR 165 million

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Central Plaza Two, Brisbane, Australia

A 25-storey class A building in the Golden Triangle of the Brisbane central business district (CBD) with high-quality end-of-trip facilities.

Strategy: Core
Leasable area: around 32,000 m²
Closing: 2020
Portfolio: Mutual funds
Volume: approx. EUR 230 million

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452 Flinders Street, Melbourne, Australia

This 20-storey class A office building in the CBD was renovated in 2018 and is leased to 16 tenants under long-term leases.

Strategy: Core
Leasable area: around 38,000 m²
Closing: 2020
Portfolio: Mutual funds
Volume: approx. EUR 280 million

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Flintholm House II, Copenhagen, Denmark

The new E&Y headquarters was completed at the end of 2019 and has received DGNB Gold certification.

Strategy: Core
Leasable area: around 9800 m²
Closing: 2019
Portfolio: Mutual funds
Volume: approx. EUR 45 million

"6Y" office building in Portland

This eleven-storey multi-tenant building is located in the central business district (CBD) of Portland, directly across from Pioneer Square. It has been leased to tenants on a long-term basis.

Strategy: Core
Leasable area: approximately 10,500 m²
Closing: 2019
Portfolio: Mutual funds
Volume: USD 47.5 million

"Palazzo Aporti" in Milan

"Impressive premium-quality building in a central location, fully refurbished between 2007–2011. The main tenant is State Street Bank."

Strategy: Core
Leasable area: approximately 26,500 m²
Closing: 2019
Portfolio: Mutual funds

51 Moorgate in London

This office building in the heart of the City of London underwent high-quality refurbishment to new building standards in October 2019. It has been certified "Excellent" by BREEAM and is leased long-term to Skanska UK PLC.

Strategy: Core
Leasable area: approximately 4300 m²
Closing: 2019
Portfolio: Mutual funds
Volume: approximately GBP 62 million

"The One", Brussels, Belgium

A new 24-storey office property on Rue de la Loi, in the immediate vicinity of the European Commission headquarters.

Strategy: Core
Leasable area: over 30,600 m² with 155 parking spaces
Closing: 2018
Portfolio: Mutual funds

"1100 Vermont", Washington D.C., USA

The multi-tenant office property is located in the East End submarket and offers excellent transport access. Built in 1961, extensively renovated from 2012 to 2014, 100% leased to 20 tenants.

Strategy: Core
Leasable area: approximately 6,300 m²
Closing: 2018
Portfolio: Mutual funds
Volume: approximately USD 40 million

"Metropolitan" in Paris

The modern multi-tenant building is located in the 17th arrondissement of Paris, fully leased under long-term leases to four tenants.

Strategy: Core
Leasable area: around 22,000 m²
Closing: 2018
Portfolio: Mutual fund
Investment volume: n/a

"Tower 185" in Frankfurt

High quality and exceptionally well-specified office skyscraper with LEED Gold certification, leased to more than 20 high quality tenants under long-term leases.

Strategy: Core
Leasable area: over 100,000 m²
Closing: 2018
Portfolio: acquired for four real estate funds
Investment volume: approx. EUR 775 million

"Verde SW1" office building in Victoria, London

Originally built in 1995 and completely renovated to a superlative standard in 2017, certified "Excellent" by BREEAM and leased long-term to 17 creditworthy tenants.

Strategy: Core
Leasable area: approximately 30,000 m²
Closing: 2018
Portfolio: Joint venture for two mutual funds

Multi-tenant property in Helsinki

LEED Gold-certified office building in the central business district of Helsinki, fully leased to 14 users, with KPMG as the main tenant.

Strategy: Core
Leasable area: approximately 16,000 m²
Closing: 2018
Portfolio: Mutual funds
Volume: approximately EUR 190 million