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, 860 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.
0

billion EUR in assets under management

0

staff

0

branch offices in Europe

The HIH Group



Warburg-HIH Invest Acquires Grocery Store in Eckersdorf Near Bayreuth


Warburg-HIH Invest Acquires Grocery Store in Eckersdorf Near Bayreuth

  • Grocery market with around 3,000 square metres of gross lettable area
  • EDEKA signs 16-year lease
  • Completion scheduled for Q2 2021
  • Asset earmarked for the “Perspektive Einzelhandel: Fokus Nahversorgung” institutional fund

Hamburg, 13 April 2021 – Warburg-HIH Invest Real Estate (Warburg-HIH Invest) just acquired a grocery property asset from Admira Handelsimmobilien GmbH & Co. KG. The single-tenant property on Talstrasse in Eckersdorf near Bayreuth has a gross lettable area of around 3,000 square metres and 95 car parking spots. The Edeka grocery chain signed a lease for a 16-year term including renewal options. The property provides 1,625 square metres of sales area. In addition, nearly 450 square metres in extra space are earmarked for subletting. Eligible occupiers include a bakery, a bank, a hairdresser and an optician. The development will be completed during the second quarter of this year. It was agreed not to disclose the selling price. The acquisition was transacted in the form of an asset deal on behalf of “Warburg-HIH Perspektive Einzelhandel: Fokus Nahversorgung,” an open-ended special AIF focused on grocery retail property.

“The asset in Eckersdorf, with Edeka as its high-net-worth tenant and with its modern infrastructure in a growing community, will provide a stable cashflow for the long term while being exposed to minimal risk only,” said Jens Nagelsmeier, Head of Retail Transaction Management at Warburg-HIH Invest.

This latest acquisition brings the number of assets in the portfolio of the “Warburg-HIH Perspektive Einzelhandel: Fokus Nahversorgung” fund up to 18 overall. The investment fund focuses on real estate in economically stable German locations and on price tags of ten to 40 million euros per asset. The annual dividend yield is somewhere between 4.5 and 5.5 percent. The fund is currently in its investment period.

The retail property occupies a central site in Eckersdorf next to the B22 federal route, and is well suited to cater for the basic retail needs of the local population. Its catchment area is home to around 10,300 inhabitants. Eckersdorf is a residential town with a high share of commuters, located a short car ride from the city of Bayreuth. The town has an unemployment rate of 1.7 percent, which is tantamount to full employment. The legal and tax due diligences for the buyer side were conducted by the law firm of HEUKING KÜHN LÜER WOJTEK in Hamburg. Witte Projektmanagement GmbH in Munich undertook the technical and ESG due diligences. The estate agency brokering the deal was Kleinschmidt Immobilien in Munich.

“The asset in Eckersdorf, with Edeka as its high-net-worth tenant and with its modern infrastructure in a growing community, will provide a stable cashflow for the long term while being exposed to minimal risk only.”

Jens Nagelsmeier, Head of Retail Transaction Management Warburg-HIH Invest



Warburg-HIH Invest Launches New Institutional Fund for Residential Real Estate


Warburg-HIH Invest Launches New Institutional Fund for Residential Real Estate

  • Warburg-HIH-Invest expands its residential investments with new fund, “Warburg-HIH Deutschland Wohnen Invest”
  • Investment fund to have a target volume of 400 million euros
  • Planned distribution between 3.25 and 3.75 percent
  • Sustainable investment strategy in modern and energy-efficient new residential construction

Hamburg, 31 March 2021 – Warburg-HIH Invest Real Estate (“Warburg-HIH Invest”) is about to launch its next open-ended special AIF, “Warburg-HIH Deutschland Wohnen Invest.” The fund will target an investment volume of approximately 400 million euros. It is planned to yield a dividend of 3.25 to 3.75 percent annually. As an institutional fund, it is intended mainly for regional banks and savings banks. The minimum subscription amount is five million euros.

“Residential investments will have a sustained stabilising effect within the portfolio. After all, it was the German housing market that proved extremely stable even during the COVID-19 pandemic. With that in mind, we offer this component to our investors as sector-specific diversification for their investment strategy in the real estate segment,” said Carsten Demmler, Managing Director of Warburg-HIH Invest.

The fund’s investment focus is on new-build housing developments in fast-growing residential locations inside metro regions and in stable standalone regions. “What counts as important selection criteria in this context, in addition to demographics and economic trend, are local infrastructure and convenient access to the workplace. Existing properties can complement the portfolio if quality and returns match the fund's objectives. Cities potentially eligible for acquisitions are, for example, Aachen, Bamberg, Bonn or Berlin’s gravy belt. But we will not prioritise investments in the ‘Big Seven’ cities,” said Demmler to sum up. The first acquisitions for the fund are scheduled to move ahead as early as the second quarter of 2021, being already contractually secured. At this time, savings banks and regional banks have already pledged more than 150 million euros in capital commitments toward the acquisition of assets to build up the portfolio.

The fund pursues a sustainable investment strategy that focuses on modern and energy-efficient new residential construction and includes affordable living space and subsidized apartments. The fund will invest in projects that ensure easy access to the public transportation network and short distances by mixing use types in a given quarter. To guarantee a high energy efficiency for the residential portfolio, the fund will invest in new-build units that meet the KfW Efficiency House 55 standard. Moreover, it will include innovative mobility concepts such as charging stations for e-vehicles and the supply of common areas with green electricity. The fund will also invest in residential properties that create affordable homes and include senior-oriented living options.

“Due to its sustainable investment strategy and the ESG guidance of Warburg-HIH Invest, the new residential investment fund will invest in modern energy-efficient residential projects. Publicly subsidised housing will also be a component of the portfolio. By integrating subsidy programs of the government-owned KfW banking group and regional subsidy programs we will generate secure long-term rent revenues for our investors,” commented Alexander Eggert, Managing Director of Warburg-HIH Invest.

“We have existing know-how in the residential real estate segment. HIH Projektentwicklung, the developer arm of the HIH Group, provides us with long-term expertise in property development. Moreover, we already have more than 500 million euros worth of assets in the residential segment under management,” added Hans-Joachim Lehmann, Managing Director of Warburg-HIH Invest.

“Residential investments will have a sustained stabilising effect within the portfolio. After all, it was the German housing market that proved extremely stable even during the COVID-19 pandemic. With that in mind, we offer this component to our investors as sector-specific diversification for their investment strategy in the real estate segment.” “What counts as important selection criteria in this context, in addition to demographics and economic trend, are local infrastructure and convenient access to the workplace. Existing properties can complement the portfolio if quality and returns match the fund's objectives. Cities potentially eligible for acquisitions are, for example, Aachen, Bamberg, Bonn or Berlin’s gravy belt. But we will not prioritise investment in the ‘Big Seven’ cities.”

Carsten Demmler, Managing Director
Warburg-HIH Invest

“Due to its sustainable investment strategy and the ESG mission statement of Warburg-HIH Invest, the new residential investment fund will invest in energy-efficient residential projects that include affordable housing options. Publicly subsidised housing will also be a component of the portfolio. By integrating subsidy programs of the government-owned KfW banking group and regional subsidy programs we will generate secure long-term rent revenues for our investors.”

Alexander Eggert, Managing Director
Warburg-HIH Invest

“We have existing know-how in the residential real estate segment.. HIH Projektentwicklung, the developer arm of the HIH Group, provides us with long-term expertise in property development. Moreover, we already have more than 500 million euros worth of assets in the residential segment under management.”

Hans-Joachim Lehmann, Managing Director
Warburg-HIH Invest



Warburg-HIH Invest Acquires Logistics Property Development Near Hamburg for Open-Ended Institutional Fund


Warburg-HIH Invest Acquires Logistics Property Development Near Hamburg for Open-Ended Institutional Fund

  • Fully occupied logistics asset with 19,250 square metres of gross lettable area
  • Blue-chip tenant, Boeing Distribution Services, signed long-term lease
  • New-build property is being developed by Verdion
  • Property to be certified under the “Gold” DGNB standard

Hamburg, 25 March 2021 – Warburg-HIH Invest Real Estate (“Warburg-HIH Invest”) just acquired a logistics property located in Henstedt-Ulzburg on behalf of its “Warburg-HIH Logistik Deutschland Invest” open-ended special AIF. It was sold by the municipality of Henstedt-Ulzburg. Verdion is developing the property in close collaboration with Warburg-HIH Invest. The plot, which extends over 33,350 square metres, provides a gross lettable area of around 19,250 square metres and 153 car parking spots. The lettable area total breaks down into around 15,350 square metres of warehouse and logistics space, and around 3,250 square metres of office space. In Boeing Distribution Services, Warburg-HIH Invest found a long-term tenant who will operate its European distribution centre for the maintenance and repair business here, employing around 190 staff. The development is scheduled for completion by the first quarter of 2022. It is planned to have the building certified under the “Gold” sustainability standard of the DGNB German Sustainable Building Council. The transaction took the form of an asset deal. It was agreed not to disclose the selling price.

The “Warburg-HIH Deutschland Logistik Invest” acquires new high-spec logistics warehouses with great alternative use potential in Germany. The target volume of the investment fund is to be 500 million euros. The total equity in the amount of 275 million euros has already been fully collected from the institutional investors.

Lars Bothe, Senior Transaction Manager Germany at Warburg-HIH Invest, commented: “The acquisition of this asset helps us achieve an even broader portfolio diversification in terms of geography and tenant-mix. At the same time, we are further expanding the ‘Core’ orientation of the fund with this property, which is occupied on a long-term lease.”

Andreas Strey, Co-Head of Fund Management and Head of Logistics at Warburg-HIH Invest, added: “With its long lease term of well over ten years, the acquired asset will generate a secure continuous cash flow for the fund. Given the very strong demand for logistics real estate, we are quite glad we succeeded in securing this attractive investment for the fund by acquiring it in the early stage of development.”

The long-term tenant, Boeing Distribution Services, is one of the world’s leading providers of aerospace fasteners and consumables as well as of customer-service warehouse management solutions. Its 50 branch locations across the globe are staffed by around 2,400 employees.

The logistics property is located in the immediate vicinity of the A7 motorway. Hamburg’s airport is 20 minutes away by car, while it takes 35 minutes to get to the central railway station and 40 minutes to the port. Hamburg counts among the top logistics regions in Germany and is a major global aircraft industry hub.

The legal and tax due diligences on the buyer side were carried out by Ashurst LLP in Frankfurt am Main. The technical due diligence and the ESG due diligence were conducted by ES EnviroSustain. CBRE acted as broker.

“The acquisition of this asset helps us achieve an even broader portfolio diversification in terms of geography and tenant-mix. At the same time, we are further expanding the ‘Core’ orientation of the fund with this property, which is occupied on a long-term lease.”

Lars Bothe, Senior Transaction Manager Germany
Warburg-HIH Invest

“With its long lease term of well over ten years, the acquired asset will generate a secure continuous cash flow for the fund. Given the very strong demand for logistics real estate, we are quite glad we succeeded in securing this attractive investment for the fund by acquiring it in the early stage of development.”

Andreas Strey, Fund Manager
Warburg-HIH Invest