Investments with substance
KGAL has been active in the real estate sector for over 40 years. With us you can invest in choice residential and office real estate in selected countries. We select the real estate for our funds with an especially well balanced ratio of returns to risk. Before an investment decision is made the properties are subjected to stringent internal checks and external diligence. We take great care at every stage of a real estate investment. This makes our portfolio stable and enables our clients’ long-term investment success.
Real estate is a longstanding core area of business activity at KGAL. We have offered suitable investment real estate in Germany, Austria, the United States and Canada for years. At the end of 2008 KGAL extended its portfolio of countries to include the world’s most important real estate market by investing in the UK - London - for the first time; and in 2010 we acquired our first property in France. In addition to retail funds and private placements, KGAL also provides real estate funds for institutional investors, who have long since discovered this market for themselves.
Local presence
An important value driver in KGAL’s internationally oriented real estate strategy is the local presence that branches and subsidiaries provide. It enables us to make use of regional expertise while providing local contacts for vendors, tenants and investors. Investment opportunities can be identified and utilised swiftly - an important competitive advantage in a fast-changing market environment. Regional business units are supported by competent local partners such as external facility management companies, real estate consultants, tax advisors and lawyers.
Location quality is the crucial investment criterion
The quality of the investment portfolio is assured via a stringent selection process at the purchase stage. Investment properties are are monitored by in-house checks and due diligence by independent experts. KGAL has concentrated for years on core properties that give greater priority to security than to returns. Factors such as quality of location, quality of construction, tenant creditworthiness and the rights and duties arising from the rental agreement are decisive in our choice of properties.
Individual management for value appreciation
At KGAL, existing properties are managed individually, making consistent use of optimisation potential. This ensures that value is maintained and enables value to be enhanced. Boosting energy efficiency can be a crucial move in the current environment and can effectively make properties easier to let.
market contact
Team Contact
Structuring & Acquisitions
Christian Petersen
Head of Structuring & Acquisitions Domestic Real Estate
E-Mail Christian.Petersen@
kgal.de
Structured Finance
Christian Heidbrink
Director Structuring & Acquisitions Domestic Real Estate
Frankfurt am Main
E-Mail Christian.Heidbrink@
kgal.de
Structured Finance
Stephan Heinen
Director Structuring & Acquisitions Domestic Real Estate
Düsseldorf
E-Mail Stephan.Heinen(>@<)kgal.de
Structured Finance
Carola Tuncay
Director Structuring & Acquisitions Domestic Real Estate
Düsseldorf
E-Mail Carola.Tuncay(>@<)kgal.de
Office
Residential
Structured Finance
market contact
Team Contact
France
Canada, North America and UK
André Zücker
Head of International Real Estate Canada, North America and UK
E-Mail Andre.Zuecker(>@<)kgal.de
Austria
Downloads
Market report office real estate Paris
Statement by our expert, market data, investment recommendation and strategic outlook.
Market report office real estate London
Statement by our expert, market data, investment recommendation and strategic outlook.
KGAL 2011 - strong placement result
In 2011, KGAL achieved a placement result of EUR 494 million with a total of 19 funds. This corresponds to a total investment volume of EUR 1,260.3 million. There was especially high demand from investors for real estate and renewable energies. As a result, KGAL is ranked number two in the industry statistics of the German Association of Non-Tradeable Closed-End Funds (VGF) based on VGF industry data for 2011, and is once again among the market leaders.
Investment criteria for…
Germany:
In Germany our focus is on office and residential real estate. In the office sector we concentrate on core properties located in city centres with functional, quality fixtures and fittings. Anchor tenants with a high credit rating ensure a stable cash flow. In the residential sector we rely on the special attraction of dynamic metropolitan areas that offer real value and rent increase potential.
Austria:
In Vienna we concentrate on office real estate, and countrywide in Austria on retail shopping centres. City-centre core office properties must be easy to reach by public transport. Other key factors are long-term termination waivers that enable investors to earn secure returns.
USA/Canada:
Canada’s main cities head the league tables with the highest letting rates in North America. We are therefore keeping our investment strategy focused on Toronto and beyond, with Ottawa, Montreal and Vancouver as priorities. The Canadian market is no place for bargain hunters, but offers attractive opportunities for conservative investors with a long investment perspective.
UK:
The London real estate market is one of the world’s most transparent, yet many good transactions take place off-market. Being on good terms with potential sellers gives you a decisive advantage in London. Competition for good properties is strong, and not everyone who wants to buy will succeed.
France:
Our focus is on office real estate in the Paris metropolitan region. The large number of big companies and government institutions based here offers a wide range of tenants with high credit ratings and long-term rental agreements. The decisive features are always a good micro-location and good public transport connections.