Montano Real Estate GmbH with solid first half-year 2023

Montano Real Estate GmbH with solid first half-year 2023

• Transaction volume reaches 212 million euros, further acquisitions in the logistics real estate sector
• Complete sale of the KÖ Campus
• Letting successes for a total of 22,000 sqm
• Expansion of the Public Social Infrastructure investment division in the second half of 2023

Munich, 27 July 2023 - Montano Real Estate GmbH ("Montano", www.montano.eu), a highly specialised partner for investments in commercial real estate, has closed the first half of 2023 with purchase agreements totalling 212 million euros. In view of the ongoing market turbulence, this is a very satisfactory result. For the second half of the year, the company is in exclusive purchase negotiations with several properties.

Montano completed transactions in all asset classes focused on by the company in the first half of 2023. Two additional interesting properties were added to the logistics portfolio and the public social infrastructure segment in particular was significantly expanded. In these asset classes, Montano's strategy of active asset management, taking sustainability criteria (ESG) into account, means that both an increase in attractiveness for tenants and a significant increase in property value can be achieved. With the sale of the two remaining buildings of the Eschborn KÖ Campus at the beginning of July for a sales price of 70 million euros, the KÖ Campus is now completely sold. The transaction represented the largest on the Frankfurt investment market so far this year.

A total of 22,000 sqm was let via 12 leases in the first half of 2023. This also includes the new letting of the remaining space in the Nassau Carree in Idstein to the drugstore chain Rossmann and the organic market chain Denns, which means that the Nassau Carree is now fully let. In the east of Munich, the lease for an attractive 13,090 sqm logistics property was extended with the Volkswagen subsidiary Volkswagen Original Teile Logistik GmbH & Co. KG was extended.

In the first half of the year, the Public Sector segment was expanded to include the Public Social Infrastructure investment line, which Montano sees as extremely promising:

"With the Public Social Infrastructure segment, we have our finger on the pulse of the times, because there is considerable pent-up demand for public infrastructure in Germany in particular - both in the area of refurbishment and in the construction of new buildings. It is questionable whether the state can provide sufficient funds for financing," says Montano co-founder and Managing Partner Ramin Rabeian. "Investments in this sector offer an opportunity for private investors who not only expect returns, but also want to contribute to the common good," adds Montano co-founder and Managing Partner Sebastian Schöberl. "Public Sector investments are also regularly protected against inflation and enjoy sustained demand."

In the second half of 2023, Montano is planning further purchases for the Montano Public Sector Fund, as well as the expansion of existing individual mandates. Montano also hopes for interesting opportunity through purchases of core plus or value add properties in the food retail segment, as well as through investments in non-ESG compliant and stranded office properties with the aim of repositioning them in an environmentally friendly way. The company's equity capital will also be increasingly used in this context.

About Montano Real Estate
Montano is the highly specialized, like-minded partner for commercial real estate. We act consistently entrepreneurial and simplify complexity. From offices in Munich, Frankfurt and Berlin, we explore the market. We recognise opportunities quickly and exploit them boldly. For more than 10 years, we have been developing investment products for German and international institutional investors, consistently pursuing the goals of sustainability, yield and value enhancement.
www.montano.eu

Contact
Montano Real Estate GmbH
Lenbachplatz 5
80333 Munich, Germany
Phone +49 89 24 21 69 80 0
Email presse@montano.eu