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, 1,082 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



HIH Invest Acquires Inner-City Office Development in Freiburg from STRABAG Real Estate


HIH Invest Acquires Inner-City Office Development in Freiburg from STRABAG Real Estate

  • Gross lettable area of over 7,700 square metres
  • Office property with multi-tenant occupancy in inner-city location
  • Pre-let ratio of over 90 percent
  • ESG compliant investment due to DGNB Gold certification

Hamburg, 22. November 2022 – HIH Invest Real Estate (“HIH Invest”) just acquired the MILESTONE 5c office development in a central location of Freiburg. It involves a six-storey office building with an additional recessed storey and a single-storey underground car park that will be constructed on Heinrich-von-Stephan-Strasse in direct proximity to the central railway station of Freiburg. The property, under development by STRABAG Real Estate, is scheduled to be completed by the second quarter of 2023. Its gross lettable area will add up to 7,711 square metres. The basement will include 64 car parking spots and plant rooms. A two-storey day nursery will occupy certain sections on the ground floor and the floor above. The property has already achieved a pre-let ratio of over 90 percent, with public-sector tenants accounting for 65 percent thereof – among them the state-owned enterprises Bundesbau Baden-Württemberg and Vermögen und Bau Baden-Württemberg. Other tenants include the German Red Cross. The property already has a DGNB Gold certification.

Daniel Asmus, Team Leader Transaction Management Germany at HIH Invest Real Estate, elaborated: “The development represents an attractive investment for our real estate portfolio. The centrality of the site in the inner city of Freiburg implies very convenient access to the public transportation system and close proximity to the central railway station, making Heinrich-von-Stephan-Strasse an attractive office location. The MILESTONE 5c, as part of the BUSINESSMILE development, implements various office formats, including private offices, combination offices and bull pens along with generously proportioned open-plan units. The fit-out of all units can be customised to meet the specific requirements of any given tenant. Accordingly, the office units provide a maximum in flexibility and alternative use potential, and we expect the units that are still available to be let soon.”

The office building offers staff plenty of amenities and very convenient infrastructure access. It is part of the BUSINESSMILE site where STRABAG Real Estate is developing an office quarter with a total lettable area of about 47,500 square metres. The quarter faces the highly frequented Heinrich-von-Stephan-Strasse, one of the most important office and services localities in the inner city of Freiburg. It is already home to renowned corporates and institutions such as BARMER GEK, Deutsche Rentenversicherung, KPMG GmbH and Commerzbank AG. Due to its location, the quarter has excellent transportation access to the motorway, railway and public transportation networks.

“We are pleased with the amazingly positive response to BUSINESSMILE as a whole, this latest sale to HIH Invest being a good case in point. All of the seven MILESTONE office schemes we developed have now been sold, and the kind of demand we have seen among office occupiers could not be stronger. What attracts companies is specifically the central location and its vibrant mix of uses. With the most recent lease signings in place, only about 500 square metres are still available at the quarter,” said Martin Lauble, Head of Division at STRABAG Real Estate in Freiburg.

“The acquisition of the DGNB Gold certified property MILESTONE 5c helps us implement the ESG strategy of the institutional fund. The modern and energy-efficient property offers tenants high-end customizable accommodation. It also delivers the social component that we integrated into our investment strategy in the form of a two-storey day nursery plus an annexed outdoor playground,” said Oliver Scholtz, Senior Fund Manager at HIH Invest.

The sale was closed as an off-market transaction on behalf of an institutional property fund. The legal and fiscal due diligence (DD) was performed by Ashurst LLP, based in Frankfurt. Drees & Sommer SE, the firm also responsible for the ESG due diligence, handled the technical due diligence (TEDD).

“The development represents an attractive investment for our real estate portfolio. The centrality of the site in the inner city of Freiburg implies very convenient access to the public transportation system and close proximity to the central railway station, making Heinrich-von-Stephan-Strasse an attractive office location. The MILESTONE 5c, as part of the BUSINESSMILE development, implements various office formats, including private offices, combination offices and bull pens along with generously proportioned open-plan units. The fit-out of all units can be customised to meet the specific requirements of any given tenant. Accordingly, the office units provide a maximum in flexibility and alternative use potential, and we expect the units that are still available to be let soon.” Daniel Asmus, Teamleader Transaction Management Office, HIH Invest Real Estate

“We are pleased with the amazingly positive response to BUSINESSMILE as a whole, this latest sale to HIH Invest being a good case in point. All of the seven MILESTONE office schemes we developed have now been sold, and the kind of demand we have seen among office occupiers could not be stronger. What attracts companies is specifically the central location and its vibrant mix of uses. With the most recent lease signings in place, only about 500 square metres are still available at the quarter.” Martin Lauble, Head of Freiburg Division, STRABAG Real Estate

“The acquisition of the DGNB Gold certified property MILESTONE 5c helps us implement the ESG strategy of the institutional fund. The modern and energy-efficient property offers tenants high-end customizable accommodation. It also delivers the social component that we integrated into our investment strategy in the form of a two-storey day nursery plus an annexed outdoor playground.” Oliver Scholtz, Senior Fondsmanager, HIH Invest Real Estate



HIH cooperates with BuiltAPI


HIH cooperates with BuiltAPI

  • German proptech company with software solutions to enable digital communication in IT landscape
  • BuiltAPI is a low-code data integration platform for professional digital systems
  • Integration of more than a dozen software partners of the HIH Group

Hamburg, 26 October 2022 – HIH Real Estate (HIH) has entered into a strategic partnership with the German software company BuiltAPI GmbH. The product of the same name, "BuiltAPI", is a digital low-code platform that connects individual software solutions via APIs into a connected ecosystem without s standard data model. API stands for Application Programming Interfaces that is used to integrate (send and receive data sets to and from) individual business applications. HIH is a pioneer in data-driven solutions and by partnering with BuiltAPI takes another important step towards its transformation into a digital real estate company.

Erik Marienfeldt, Managing Director of HIH Real Estate, says: "BuiltAPI is the screw gear in HIH's digital management engine. For the effective use of state-of-the-art management technology, long-term cooperation based on partnership is the goal-oriented means. For our transformation, we need proptechs that share our commitment and vision. We will coordinate closely with BuiltAPI strategically to ensure the issues of data security, timeliness, quality and longevity."

"Our software landscape is growing into an ecosystem," adds Stefan Rath, Team Leader Real Estate and Investment Management Applications at INTREAL Solutions. "It is of fundamental importance that the complex systematics of holistic digital management can build on a smooth exchange of tools among each other. In order for our digital solutions to leverage and scale their synergies together, we carefully chose a software communication specialist."

Ivan Nokhrin, Managing Director of BuiltAPI GmbH, explains, "With our integration toolset, we empower internal business users to create a DIY ecosystem and accelerate innovation that moves real estate business toward its goals, i.e. optimized and sustainable investment performance of assets under management. Our platform helps HIH free digital data from silos while retaining strong data governance, enable digital communication across the IT landscape, and efficiently collaborate with internal and external stakeholders.”

HIH Group works with more than a dozen proptechs. What they have in common is a holistic approach when it comes to digital management in the real estate industry. They are united by the goal of creating a digital ecosystem in which all work processes and administrative acts can be handled securely and comprehensively.

BuiltAPI already facilitated interoperability of such software solutions as Cloudbrixx, Bison.box, Knack, DeepKI, CRREM, Assetti, Coyote, Tower360, Salesforce, Munich Re, and Proda. HIH's proptech solutions are managed by Intreal Solutions GmbH, the IT subsidiary of the HIH Group, which also offers these services to third parties.

“BuiltAPI is the screw gear in HIH's digital management engine. For the effective use of state-of-the-art management technology, long-term cooperation based on partnership is the goal-oriented means. For our transformation, we need proptechs that share our commitment and vision. We will coordinate closely with BuiltAPI strategically to ensure the issues of data security, timeliness, quality and longevity.” Erik Marienfeldt, Managing Director HIH Real Estate

“Our software landscape is growing into an ecosystem. It is of fundamental importance that the complex systematics of holistic digital management can build on a smooth exchange of tools among each other. In order for our digital solutions to leverage and scale their synergies together, we carefully chose a software communication specialist.” Stefan Rath, Team Leader Real Estate and Investment Management Applications INTREAL Solutions

“With our integration toolset, we empower internal business users to create a DIY ecosystem and accelerate innovation that moves real estate business toward its goals, i.e. optimized and sustainable investment performance of assets under management. Our platform helps HIH free digital data from silos while retaining strong data governance, enable digital communication across the IT landscape, and efficiently collaborate with internal and external stakeholders.” Ivan Nokhrin, Managing Director BuiltAPI GmbH



HIH Invest Acquires First Assets for its New Healthcare Property Fund


HIH Invest Acquires First Assets for its New Healthcare Property Fund

  • Health centre and office building in Michendorf near Potsdam
  • Property sold by GP Günter Papenburg AG
  • Total lettable area of 3,597 square metres
  • First acquisition for the “Vita Invest” open-ended special AIF

Hamburg, 28 September 2022 – HIH Invest Real Estate (“HIH Invest”) just acquired a health centre located in Michendorf near Potsdam from the GP Günter Papenburg AG conglomerate for its open-ended special AIF, “Vita Invest.” It represents a property development that is part of “Neue Ortsmitte”, a new residential block under construction in a central location. The investment consists of two separate four-storey buildings directly next to the entranceway to the new quarter: One will be used as health centre, the other being as office building. Their combined gross lettable area approximates 3,597 square metres. The health centre with its lettable area of about 1,660 square metres is expected to be completed by the end of 2023. The first units in the property have already been let to a local home care service. The other units will be occupied by various doctors’ offices or therapy facilities. The already completed administrative building with its lettable area of 1,937 square metres was rented by EMB Energy Mark Brandenburg GmbH, a local utility company that has been using it as its principal place of business since January 2021.

The property development in Michendorf represents the first asset acquired for the new open-ended institutional fund, “Vita Invest.” The AIF targets new-build developments or high-end standing buildings anywhere in Germany that are let to high-net-worth operators on long-term leases. The focus is on medical facilities, outpatient care formats and senior living. The fund is planned to have a target volume of at least 200 million euros, thereof up to 50 percent debt based on the portfolio total. The minimum stake for investors is five million euros. The objective is a sustainable and stable cash-on-cash yield of at least four percent.

Felix Meyen, Managing Director at HIH Invest, commented: “We are pleased to report the first transaction for our new investment fund. We are interested not just in cities but in the wider metro regions, too. Especially in the greater Berlin area, the gravy belt keeps widening, but the corresponding development of medical amenities lags behind. Brandenburg, which surrounds Berlin on all sides, is the state with the lowest density of physicians in Germany, generating strong demand for outpatient medical services. This makes it plausible to provide medical amenities at health centres where a range of surgeries cover various specialities.”

Carsten Demmler, Managing Director of HIH Invest, elaborated: “Unlike other types of use, the demand for healthcare properties – and thus their relettability – is more or less immune to short-term fluctuations of the market and the economic cycle. This makes them a highly attractive investment for our institutional clients. Structured as an Article 8 fund, the fund meets specific sustainability criteria: It helps to ensure the local provision of medical amenities while the sustainable management by its operator lives up the fund’s social responsibility. In addition, the development in Michendorf emphasises the environmental aspect. Heating and electricity is provided to the properties via the quarter’s own combined heat and power plant and by a roof-mounted photovoltaic system operated by EMB.”

Michendorf is located in the rural district of Potsdam-Mittelmark south-west of Berlin, and is part of the city’s gravy belt. In addition to Michendorf proper, the municipality includes another five localities and is home to around 13,500 residents. The “Neue Ortsmitte” residential block development occupies a building site of about 2.3 hectares in the centre of Michendorf and will combine spaces for living, working and leisure. A railway station is about 400 m away. It provides regional rail service in the direction of Potsdam and Berlin.

The legal and tax due diligences for this transaction were undertaken by the law firm of Taylor Wessing in Düsseldorf. Responsible for the technical and ESG due diligence was Consulting Partners Hamburg. The investment was brokered by the estate agency and consultancy, COMFORT Berlin.

“We are pleased to report the first transaction for our new investment fund. We are interested not just in cities but in the wider metro regions, too. Berlin’s gravy belt keeps widening, but the corresponding development of medical amenities in the metro region lags behind. Brandenburg, which surrounds Berlin on all sides, is the state with the lowest density of physicians in Germany, generating strong demand for outpatient medical services. This makes it plausible to provide medical amenities at health centres where a range of surgeries cover various specialities.” Felix Meyen, Managing Director HIH Invest Real Estate

“Unlike other types of use, the demand for healthcare properties—and thus their relettability—is more or less immune to short-term fluctuations of the market and the economic cycle. This makes them a highly attractive investment for our institutional clients. Structured as an Article 8 fund, the fund meets specific sustainability criteria: It helps to ensure the local provision of medical amenities while the sustainable management by its operator lives up its social responsibility. In addition, the development in Michendorf emphasises the environmental aspect. Heating and electricity is provided to the properties via the quarter’s own combined heat and power plant and by a roof-mounted photovoltaic system operated by EMB, a regional utility company.” Carsten Demmler, Managing Director HIH Invest Real Estate