On course for growth
In 2020/2021, HanseMerkur Grundvermögen AG acquired real estate for around EUR 2.3 billion
• Eight deals in the three-digit million range at top 7 locations
• Assets under management increase to over 6 billion euros
• Strong growth also in the financing business
Hamburg, June 21, 2022
HanseMerkur Grundvermögen AG (HMG) has continued on its growth course in all areas even in times of the pandemic. In the past two years alone, the company has acquired properties with a value of around EUR 2.3 billion – including eight office properties each in the three-digit million range, for example the headquarters of the Federal Ministry of Health in Friedrichstrasse in Berlin, the ‘F.A.Z Tower ‘ in Frankfurt / Main (headquarters of the Frankfurter Allgemeine Zeitung) and the Trophy Landmark office building ‘Campus am Kunstpalast’ in Düsseldorf with the state of North Rhine-Westphalia as a tenant.
The financing and investment business also grew strongly. In 2021 alone, subordinated loans and real estate financing with a volume of over EUR 800 million were granted.
The interest of potential investors has increased sharply over the past year – after Corona-related reluctance in 2020. The number of co-investors who invest in HMG’s real estate and/or financing funds together with HanseMerkur has now more than doubled to over 70. This is backed by equity commitments of over 1.2 billion euros.
The assets under management have increased tenfold since the company was founded. The HMG team, which now has over 100 members, currently manages assets of around 6 billion euros including financing.
Lutz Wiemer, Deputy CEO of HanseMerkur Grundvermögen explains: “Corona could not slow down our growth course. However, we are observing the various developments since the beginning of this year very closely. The significant increase in interest and inflation rates, the further massive increase in construction prices and of course the war in Ukraine and its consequences will also affect our industry. As an investor with strong equity capital, we see ourselves well prepared for future challenges and the planned further expansion.”
About the HanseMerkur Grundvermögen AG
HanseMerkur Grundvermögen AG (HMG) is an asset and investment manager specializing in the German real estate market. It stands for long-term oriented real estate investment products and holistic real estate management. Fairness, trust and reliability determine how we deal with customers, business partners and employees.
HMG offers institutional investors investment opportunities for investment solutions with a sectoral or regional focus. In each case, HanseMerkur is permanently and appreciably invested. This underscores the sustainable investment perspective of the products and ensures congruence of interests between investors and managers. To date, more than 70 institutional investors have entered into an equal partnership with HMG.
HMG has proven that it can secure attractive properties at an early stage and manage them over the long term. Around 100 experienced real estate specialists in the areas of asset and portfolio management, investment, leasing, financing / investment management, controlling and law look after the real estate and funds together, efficiently and holistically.
HMG is currently responsible for assets of around EUR 6 billion including financing.
Status: May 2022