For the Tubingen fairvesta group of companies, the year’s real estate exhibition EXPO REAL in Munich was a great success. fairvesta had exhibited in Hall A2 on the 1600 exhibitors the largest commercial property fair in Europe and offered investors real estate to the market value of a total of around 200 million euros. It involves a wide range, strewn about all over Germany, commercially used half apartment economically and the other half. Investors can put together individual portfolios are doing. Prices of residential and commercial buildings start from 500,000 euro, also existing shopping centres from 1.26 million euro. The compilation of a portfolio is possible from eight million euros and goes up to 49 million euros. We had very good visit to the fair and big demand from institutional investors and family offices”, says Otmar Knoll as sales representative of fairvesta. Total is Knoll of the view that the mood had lightened significantly.
In addition, banks would again more real estate financing offer, what facilitates the purchase of investment property as such by fairvesta. So is the sale of residential, Office and attractive rental yields for investors so admits business houses and shopping centres of fairvesta between the 10,5fachen and 12,8fachen rent factor. As in previous years, was the best day of the fair Tuesday. Overall, it was to feel that more real estate professionals were on the road, which are derived from the quality of the discussions. The industry consolidating so at a high level”, explains the fairvesta real estate expert Knoll. The Tubingen real estate company has used REAL EXPO in particular, to maintain the existing network of contacts and to expand.
fairvesta real estate is one of the most successful issuing houses in the asset class. The shopping is done thanks to a unique network at particularly favourable conditions from Bank uses. Then the objects become more marketable by an experienced management. Before purchasing one is done comprehensive due diligence of objects, in particular with regard to the future marketing ability. fairvesta acquires only properties without renovation backlog with high rental potential.