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 29,5 billion (2008 to June 2017), mainly comprising acquisitions worth EUR 22 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.pdf (309 KB)

Our Acquisition Profiles in an overview:

Office

Investment volume

  • Individual properties starting from 20 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

Retail

Investment volume

  • Individual properties starting from 20 million euros
  • Portfolios

Classification

  • Shopping centres in city and town centres
  • Regional shopping centres
  • Specialist stores and local supplies centres
  • High street retailers

Locations

  • Established retail locations
  • Very central and high degree of purchasing power
  • Good infrastructural accessibility

Properties

  • Energy-efficient and sustainable properties, best case certified according to e.g. BREEAM, DGNB, HQE or LEED
  • Very good condition with no maintenance backlog
  • Adequate number of parking spaces

Tenancy agreements

  • Minimum average lease term of five years
  • Full occupancy preferred
  • Strong anchor tenants; tenants with excellent creditworthiness
  • Good sector and tenant mix
  • Standard terms for indexation and operating expenses

A selection of our retail investments

Hotel

Investment volume

  • Individual properties starting from 20 million euros
  • Portfolios

Classification

  • 2-, 3-, 4- and 5-star-hotels
  • Lease agreements; no management contracts

Locations

  • Preferably prime locations
  • Preferably city hotels
  • Distinguished locations

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
  • Very good condition with no maintenance backlog
  • Minimum of 120 rooms
  • Good business and leisure mixture

Tenancy agreements

  • 15-year lease agreement; possible shorter term for outstanding properties
  • Renowned international hotel chains
  • Standard market practice maintenance agreements
  • Standard terms for indexation and operating expenses

A selection of our hotel investments

Logistics

Investment volume

  • Individual properties starting from 20 million euros
  • Portfolios

Classification

  • Logistics centres
  • City logistics centres
  • City Logistikzentren

Locations

  • National and international logistics hubs
  • Metropolitan regions
  • Good traffic connections through airport, road, rail and water

Properties

  • Energy-efficient and sustainable properties, best case certified according to e.g. BREEAM, DGNB, HQE or LEED
  • Less than ten years old
  • Very good condition; no maintenance backlog
  • Modern building configuration and excellent multifunctionality(e.g. ceiling height over 10.50 m, large column grid, high capacity load limits)

Tenancy agreements

  • Minimum term of five years (WALT)
  • Minimum occupancy rate of 80 %
  • Creditworthy tenants
  • Standard market practice maintenance regulations
  • Standard terms for indexation and operating expenses

A selection of our logistics investments