Aberdeen Germany concludes property deals valued at more than 1.7 billion Euro

Last year, Aberdeen Immobilien Kapitalanlagegesellschaft sold some 1.1 billion Euro and purchased more than 600 million Euro of property for its real estate funds

(lifePR) ( Frankfurt am Main, )
In 2011, Aberdeen Immobilien Kapitalanlagegesellschaft mbH concluded property deals with a total volume in excess of 1.7 billion Euro on behalf of the real estate funds that it actively manages. Some 1.1 billion Euro of property were sold for mutual property funds, and around 650 million Euro were spent on acquisitions for special property funds. In addition, the German real estate arm of Aberdeen was also involved in transactions with a total volume of 54 million Euro for pan-European property funds run by other Aberdeen Group companies abroad.

The investment company, which is owned by Aberdeen Asset Management Deutschland AG, currently employs some 70 people who manage several mutual and special property funds comprising 275 properties with a total value in excess of 5.3 billion Euro from the company's base in Frankfurt am Main.

In 2011, the German real estate experts at Aberdeen were able to secure new leases for a total area of 137,000 m², which will generate net rental income of about 32 million Euro each year.

As Fabian Klingler, the responsible Managing Director, explains: "This transaction volume and the managed portfolio of 10 special investment funds in total show that Aberdeen is excellently positioned in the German real estate market and operates highly efficiently. In keeping with the Group's policy of "people on the ground", other Aberdeen property units can avail themselves of the entire network of Aberdeen Immobilien KAG in Germany, just as we can make use of the resources of local units in foreign real estate markets - a competitive advantage that is becoming increasingly important for investors."
Für die oben stehenden Pressemitteilungen, das angezeigte Event bzw. das Stellenangebot sowie für das angezeigte Bild- und Tonmaterial ist allein der jeweils angegebene Herausgeber (siehe Firmeninfo bei Klick auf Bild/Meldungstitel oder Firmeninfo rechte Spalte) verantwortlich. Dieser ist in der Regel auch Urheber der Pressetexte sowie der angehängten Bild-, Ton- und Informationsmaterialien.
Die Nutzung von hier veröffentlichten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Bei Veröffentlichung senden Sie bitte ein Belegexemplar an service@lifepr.de.