News

Unlimited growth? When size becomes a problem

Immobilien & Finanzierung Ausgabe 11 — 2016 – Big companies tend to want to carry on growing. The article's author considers why this is true. Extensive research and analysis have consistently shown that such strategies aren't successful. Unlimited growth does not equate to unlimited cost savings, as economies of scale are only achievable to a certain point. The moment soon arrives at which attention to detail and individuality evaporate. Small and medium-sized enterprises have a decisive advantage: they are more flexible, can get things done quickly, and can adopt a differentiated approach when reacting to and overcoming challenges. By Till Schmiedeknecht

Read more …

Misguided pricing in the residential property sector

Immobilien & Finanzierung 05/06–2016 – Managing residential real estate is an expensive process. The goal is to spend as little time and money as possible on concluding as many lease agreements as possible. As a result, property managers are often drawn into a negative spiral of setting their rental prices to undercut their competitors. In doing so, they are wasting significant potential. By Till Schmiedeknecht

Read more …

Do we need listed real estate companies for niche markets?

Immobilien Zeitung on 14.1.2016 – No, says the capital market consultant who would prefer a broader selection of commercial real estate companies on the stock market. Yes, says the manager of a large residential portfolio hoping to make an exit.

Read more …

Listed real estate companies: For all the wrong reasons

cash-online.de on 17.12.2015 – The consolidation process among German real estate companies is in full swing. The market is currently being dominated by a stampede of takeovers. Promises of growth driven by economies of scale and leveraged synergies are, however, more than questionable. By Till Schmiedeknecht

Read more …

Apartment plus service package? Till Schmiedeknecht explains exactly why!

Wohnungswirtschaft heute from 15.10.2015 – The number of smaller households is rising. The real estate industry has recognised this trend and reacted to resulting shifts in demand by stepping up the construction of new housing, in particular smaller apartments. Recent developments should not however simply lead to an increase in the raw number of apartments being built. If property companies really want to profit from the growing demand for one- and two-person apartments, they'll also need to make a number of changes as far as the quality of the apartments they have on offer is concerned. By Till Schmiedeknecht

Read more …

Latest statement from BGP

In an ad hoc disclosure issued on 21.07.2015, conwert Immobilien Invest SE announced that it is currently engaged in exclusive negotiations with BGP Holdings Europe S.à.r.l. regarding the planned purchase of the German residential portfolio owned by BGP Investment S.à.r.l. and managed by BGP Asset Management.

Read more …

“Stylishness” is included in the rent

Kölnische Rundschau from 28.07.2015 – Investing in student apartments – Company converts office space into “Campusglueck.” By Ulrike Weinert

Read more …

BGP Group to double the size of its residential portfolio

Immobilien Zeitung on 23.7.2015 – The BGP Group is in the starting blocks and ready to kick into action. The group's management is poised to add to its residential portfolio and is actively surveying the market. At the same time, the group's parent company in Luxembourg is also weighing up a potential exit – an outright sale or an IPO are the two options currently being kept open. Until a final decision is taken, the company is somewhat restricted in its German operations.

Read more …

Common misconception

Alternative investor information from 11.5.2015 – At first no one wanted to believe it, but the figures are now so clear that they leave no room for doubt: Germany's institutional investors have been betting on the wrong horse for decades. This may sound harsh, but many investors have since come to realise the truth for themselves.

Read more …

Multiculturalism is Missing

Immobilien Zeitung from 7.5.2015 – According to Till Schmiedeknecht, Managing Director of BGP Asset Management, investors who are looking to pick up residential real estate bargains would be better off steering clear of eastern Germany. Cities such as Dresden, Leipzig and Jena fail to offer positive demographic potentials – because there are not enough foreigners.

Read more …

BGP Group concentrates on German residential real estate

The BGP Group has successfully divested itself of a majority of its commercial and foreign real estate portfolios in order to focus on residential real estate in Germany. In order to improve the standard of housing across its 15,000 residential units, BGP is integrating Asset Management, Lettings Management and Property Management (including building supervisor services) into a single platform.

Read more …

BGP Asset Management GmbH supports BGP Investment in refinancing Berlin residential portfolio

BGP Asset Management GmbH has secured refinancing of €41.2 million for a residential property portfolio in Germany. The financing bank is a member of the Federal Association of Volksbanken and Raiffeisenbanken Co-operative Banks (BVR).

Read more …

Press contact

Holger Friedrichs
Geschäftsführender Gesellschafter
PB3C GmbH
Rankestraße 17
10789 Berlin
Tel.: +49 30 726276 157
Fax: +49 30 726276 1793
friedrichs@pb3c.com
www.pb3c.com