07th March 2016

German Asset Management plant Investments von bis zu 350 Millionen Euro bis Ende 2016

Company targets accelerated expansion of its €150 million commercial property portfolio.

German Asset Management (GAM) has announced plans to expand its commercial property portfolio. By the end of 2016, the company is planning to acquire commercial properties in Germany with a combined value of up to €350 million. Founded in 2015, German Asset Management has already invested around €150 million in commercial property. The company focuses its investments on B locations in major metropolitan regions and in selected B cities. “Before we make any acquisitions, our due diligence is painstaking,” said Andreas Lewandowski, Managing Director of German Asset Management. “Our value-add strategy draws on excellent research and outstanding property market expertise. Commercial property beyond traditional prime locations offers the prospect of seriously attractive yields,” said Lewandowski. GAM has so far invested in office and retail properties in a range of German cities, including Berlin, Leipzig, Dresden, Hannover and Erfurt. The company specialises in investment and asset management and operates across a range of risk categories. In addition to investments in core properties, the company also invests in the value-add segment. “Modernisations add value and enable us to achieve higher rental prices,” said Lewandowski.

About German Asset Management

German Asset Management (GAM) is an investment and asset management company with a focus on commercial property investments in Germany's metropolitan regions and selected B cities. The company's immediate target is to develop a property portfolio with a combined value in the mid hundreds of millions of euros. GAM acquires properties in the core-plus and value-add segment. Since its founding in 2015, GAM has invested around €150 million in office and retail properties in Germany. These properties are located across the whole of the country, in cities such as Berlin, Dresden, Leipzig, Erfurt and Hannover. German Asset Management's Managing Directors are Rainer Schorr and Andreas Lewandowski. Between them, they have amassed decades of experience in the property investment sector. The company's headquarters are in Berlin.

Press contact:

Dr. ZitelmannPB. GmbH
Holger Friedrichs
Rankestraße 17, 10789 Berlin
Tel.: +49 30 72 62 76 157
E-Mail: friedrichs@zitelmann.com