ONE STRONG GROUP. MANY EXPERIENCED EXPERTS. TOGETHER, WE CONNECT REAL ESTATES WITH INVESTMENTS.

Real Estate

We adopt a future-oriented approach to finding, developing and managing properties in the interests of our clients.

Investment

We develop bespoke investment solutions. We offer institutional investors the full range of knowledge in relation to structuring, product development, real estate management and market development.

Management

We are passionate real estate managers and fund administrators. We know the requirements of clients, properties, legislators and the market.
We take on the challenges of the future. Early identification of changes in the market, implementation of regulatory requirements and future-oriented digital management arepart of our corporate philosophy.

In the HIH Group, 810 real estate experts at eleven locations manage properties and investments throughout their lifecycle with dedication, reliability and motivation. Our clients benefit from the comprehensive service range, quick decision-making and close cooperation between departments.
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billion EUR in assets under management

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branch offices in Europe

The HIH Group



Warburg-HIH Invest reduces its CO2 emissions


Warburg-HIH Invest reduces its CO2 emissions

  • Warburg-HIH Invest real estate portfolio to be converted to green electricity and carbon neutral natural gas
  • Reduction of CO2 emissions by 7,500 tonnes through green electricity as well as savings of 1,300 tonnes in balance sheet terms through green gas
  • Central allocation of gas supply reduces heating costs by €150,000 annually

Hamburg, 14. September 2020 – Warburg-HIH Invest Real Estate (Warburg-HIH Invest) is improving the carbon footprint of its portfolio within the scope of its ESG strategy. The real estate portfolio is gradually being converted to an environmentally-friendly supply of electricity from ecological sources and heat from carbon-neutral natural gas. In joint undertaking with the Hamburg-based energy provider Lichtblick, a total of 126 properties are currently being converted to the use of green electricity. This will allow for a reduction of carbon emissions in the portfolio by around 7,500 tonnes annually. Warburg-HIH Invest will also be gradually converting its entire European real estate portfolio to green electricity.

“The comprehensive optimisation of our properties’ energy consumption is an important step towards the successful implementation of our ESG strategy within portfolio management. Sustainability criteria are becoming an increasingly important factor for many institutional investors when making investment decisions. This growing significance will become especially evident from March 2021, when the disclosure regulation comes into effect and real estate fund providers will have to present their sustainability activities in a transparent manner,” says Alexander Eggert, Managing Director of Warburg-HIH Invest.

In addition, properties with a gas supply within the Warburg-HIH Invest portfolio will be using carbon-neutral natural gas in future. Working together with operating costs specialist Argentus helped optimise the gas supply. Within the scope of an allocation process, Argentus awarded the gas supply volume to E.ON Energie Deutschland GmbH on a bundled basis. The conversion will reduce annual carbon emissions by 1,300 tonnes in balance sheet terms. In addition, heating costs will be reduced by around €150,000 annually through central purchasing following the complete conversion.

Carbon-neutral natural gas is fossil natural gas – the resulting emissions are offset through the support of climate protection projects in other parts of the world that reduce carbon emissions locally. For example, supporting the operation of a hydroelectric power station in the northern Indian state of Himachal Pradesh. The carbon savings achieved in this way are annually certified by TÜV Nord.

“The comprehensive optimisation of our properties’ energy consumption is an important step towards the successful implementation of our ESG strategy within portfolio management. Sustainability criteria are becoming an increasingly important factor for many institutional investors when making investment decisions. This growing significance will become especially evident from March 2021, when the disclosure regulation comes into effect and real estate fund providers will have to present their sustainability activities in a transparent manner”

Alexander Eggert, Managing Director
Warburg HIH Invest



HIH Group Expands In-House Vocational Training and Continued Professional Development


HIH Group Expands In-House Vocational Training and Continued Professional Development

  • 60 new jobs to be created in 2020
  • Recruiting shifts focus to combined work / study programs, trainee programs and professional training
  • Training of estate agents, office administrators and IT specialists
  • Upskill opportunity to become a certified commercial property manager

Hamburg, 7. September 2020 – The HIH Group is pushing forward with the expansion of its workforce. The number of employees on the group’s payroll, which stood at 740 at the end of 2019, is supposed to have grown to 800 by year-end 2020. “Our recruiting processes are moving ahead at full speed, despite COVID-19,” reported Stephan Peters, Head of Human Resources at HIH Real Estate GmbH. “Even during the coronavirus crisis, the shortage of skilled labour remains an issue, especially for the specialist functions in the investment- and property-related environment,” said Peters.

Having taken stock of the labour market, the HIH Group stepped up its recruiting initiatives, and now focuses increasingly on the in-house professional training and continued professional development of skilled workers and young talent. To this end, it pursues three different approaches: combined work/study programs, trainee programs, and combined work/training programs. The HIH Group offers attractive job opportunities to newly hired staff. “As a mid-market company providing end-to-end services to the real estate economy, we take a flexible decision-making approach. We let young talent very quickly advance into positions where they engage in fascinating projects and activities. And a large number of positions of responsibility open up individual career paths,” said Peters.

The HIH Group is considering the option to offer career starters just out of school the chance to enrol in its professional training programs in other cities, not just in Hamburg. This would apply particularly to estate agents and office management clerks. The group also trains IT specialists in-house. The various IT-related professions are centrally trained in Hamburg in collaboration with the ITECH trade school in Wilhelmsburg district. “In the IT sector, the HIH Group currently employs 40 staff, ten percent of which are still undergoing professional training. Another two IT trainees are enrolled in combined work/study programs at the Wedel University of Applied Sciences for a degree in information systems or IT management, respectively,” as Peters reported.

“The combination approach in training and higher education comes with benefits for both sides,” Peters emphasised. “Theory and practice go hand in glove, and you quickly find out what a candidate’s fortes are and what the best way for us is to mentor and challenge him or her.” At the Hamburg School of Business Administration (HSBA), two HIH employees are enrolled for a degree in business administration, majoring in financial management. As of the 2020/2021 winter semester, HIH Group will set up, for the first time, a combined work/study program in industrial engineering—the major being construction and real estate—for another two employees. Here, the collaboration partner is Hochschule 21, a private university of applied sciences in Buxtehude near Hamburg.

At the same time, the HIH Group attends recruiting fairs to woo graduates of bachelor and master’s degree programs with the offer of a traineeship. “A trainee program tends to run for 18 months, and includes intensive and general training in virtually all aspects of the value chain. Afterwards, the young professionals are assigned to the most suitable units within the HIH Group to start their careers,” said Peters. At present, three university graduates are enrolled in the trainee program, which starts afresh each year with new candidates, and which the group plans to expand. The objective of all young talent initiatives is to hire these young professionals permanently after their training or graduation, and to support them on their in-house career paths.

There is also an additional program that is intended to close a certain skill gap in the area of property management. Peters elaborates: “There is currently no initial vocational training to become a property manager. But at the HIH Group, every employee who completed trade school or a degree program, regardless of whether it is technical or commercial in nature, is given the chance to upskill to become a commercial property manager, certified by the Chamber of Industry and Commerce.” Following the certification, skilled workers face attractive in-house career prospects. While ensuring the continued professional development of its junior talent, the HIH Group also contributes to the general effort to mitigate the skilled labour shortage.

“Our recruiting process is moving ahead at full speed despite COVID-19. Even during the coronavirus crisis, the shortage of skilled labour remains an issue, especially for the specialist functions in the investment- and property-related environment.” “A trainee program tends to run for 18 months, and includes intensive and general training in virtually all aspects of the value chain. Afterwards, the young professionals are assigned to the most suitable units within the HIH Group to start their careers.” “There is currently no initial vocational training to become a property manager. But at the HIH Group, every employee who completed trade school or a degree program, regardless of whether it is technical or commercial in nature, is given the chance to upskill to become a commercial property manager, certified by the Chamber of Industry and Commerce.”

Stephan Peters, Head of Human Resources
HIH Real Estate



Warburg-HIH Invest Acquires “KHW105” in Kiel from HBB Group for Property Fund of Norddeutsche Versorgungswerke Pension Scheme


Warburg-HIH Invest Acquires “KHW105” in Kiel from HBB Group for Property Fund of Norddeutsche Versorgungswerke Pension Scheme

  • Office and administrative building providing around 22,500 square metres of lettable area
  • Public-sector occupiers on long-term leases the main tenants
  • Weighted remaining lease term of around ten years

Hamburg, 2. September 2020 – Warburg-HIH Invest Real Estate GmbH (“Warburg-HIH Invest”) just acquired the four- to six-storey office property “KHW105” in the Schreventeich district of Kiel, the state capital of Schleswig Holstein. The transaction took the form of an asset deal, the property being earmarked for the property fund of the Nordeutsche Versorgungswerke superannuation scheme. It was sold by the HBB Group. Raised at Kronshagener Weg 105 in 1994, the office building has a gross lettable area of around 22,500 square metres plus 560 underground parking spots. More than 20,900 square metres thereof are taken up by offices and administrative units. The main tenant, the BImA Institute for Federal Real Estate, occupies three quarters of the entire lettable space. The weighted average remaining lease term (WAULT) is about ten years. It was agreed not to disclose the selling price.

“The property is defined by an attractive location and by its high share of public-sector tenants. The notable loyalty to the property by these blue-chip tenants—government agencies—ensures a stable cash flow. We assume that the property will retain its function as civic centre for many years yet. In addition, the property has alternative use potential and efficient rental units in combination with a high building and interior quality,” said Hans-Joachim Lehmann, Managing Director of Warburg-HIH Invest.

The red brick cladding of the “KHW105” unit picks up on the architectural style typical of northern Germany. It offers flexible floor plans and therefore ideal conditions for large-scale tenant structures. The building is handicap-accessible.

The property is located about two kilometres north-west of Kiel’s inner city in direct proximity to other administrative buildings. Commuting to the central railway station of Kiel by means of public transportation takes just ten minutes. While easily accessible by public mass transit, the site on Kronshagener Weg is also conveniently connected to private transport networks, including the motorway network.

Warburg-HIH Invest was legally advised by Hogan Lovells International LLP, a business consulting firm that also handled the tax due diligence. The technical due diligence was carried out by C.P.H. Projekt- und Baumanagement GmbH. Cushman & Wakefield brokered the transaction in the role of estate agent. Advice to the seller side was provided by the ZENK Rechtsanwälte law firm and SCHLARMANNvonGEYSO.

“The property is defined by an attractive location and by its high share of public-sector tenants. The notable loyalty to the property by these blue-chip tenants—government agencies—ensures a stable cash flow. We assume that the property will retain its function as civic centre for many years yet. In addition, the property has alternative use potential and efficient rental units in combination with a high building and interior quality.”

Hans-Joachim Lehmann, Managing Director
Warburg HIH Invest