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

"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

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175 Federal Street, Boston, USA

Multi-tenant property in the CBD with very good transport access.

Strategy: Core plus
Leasable space: more than 21,000 m²
Closing: 2016 Portfolio: Mutual fund
Investment volume: USD 139 million

33 Margaret Street, London, West End

Class A office and commercial building with BREEAM “excellent” certification; fully leased under long term leases to, e.g. Savills Plc.

Strategy: Core
Leasable space: around 9,600 m²
Closing: 2016
Portfolio: Mutual fund
Investment volume: around GBP 216 million

"The Bank" in Amsterdam

Eight-storey office/commercial property in prime city centre location, core renovated from 2006 to 2011.

Strategy: Core
Leasable space: more than 31,700 m²
Closing: 2015
Portfolio: Mutual fund
Investment volume: around EUR 275 million

Utoschloss, Zürich

Historic city palace at the southern end of the CBD, right on the short of Lake Zurich.

Strategy: Core plus
Leasable space: around 4,000 m²
Closing: 2016
Portfolio: Mutual fund

"The Park" in Prague

Established office park with twelve high-quality office properties in an attractive campus location south-east of the city in Prague 4 (Pankrác).

Strategy: Core
Leasable area: over 116,000 m²
Closing: 2016
Portfolio: First product for a new institutional fund series
Investment volume: n/a

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"The Adam Grant Building", San Francisco

Prestigious 14-storey office building in the financial district, modernised and renovated in 2016.

Strategy: Core
Leasable area: around 18,000 m²
Closing: 2017
Portfolio: Mutual fund
Investment volume: around EUR 136 million

Cannon Place in London

Fully leased office building at the Prime City of London location.

Strategy: Core
Leasable area: around 37,500 m²
Closing: 2017
Portfolio: Mutual fund
Investment volume: around GBP 485 million (headline price)

"DC Tower 1" in Vienna

Landmark property completed in 2013 in the Donau City submarket with LEED Platinum certification.

Strategy: Core plus
Leasable area: around 74,500 m²
Closing: 2017
Portfolio: Mutual fund
Investment volume: n/a

"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

"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

"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