We can do that
Real estate asset management is one of VLR Germany’s core competences. Our Company and team members have in-depth experience and a long history of success in this field.
Our active asset management is based on proactive, dynamic and creative measures aimed at increasing value. They are based on the investment business plan and property management activities. This is crucial even with a portfolio of long-term leases because region-specific location factors, trends and occupancies change, as do micro and macro-economic factors.
Our Asset Management Team consists of specialist in their respective fields who have many years of experience and a wealth of know-how. The team is highly motivated and thrives on its success in creating forced appreciation for our investors while simultaneously fostering good long-term relationships with our tenants. Our team members have the necessary expertise to flexibly adapt the real estate strategy, develop complex solutions, and leverage previously hidden potential.
Our team works closely with national and international acquisition teams in order to develop opportunities for value creation. Ahead of any acquisition, they jointly define and test the assumptions underlying the business plan.
We analyse a property’s cash flow and look for ways to increase it. Our Asset Management Team collaborates closely with external research teams and identifies opportunities for rent increases while also monitoring market developments..
If properties are not actively managed, they become outdated over time. Top-notch property management also includes updating properties to meet modern building requirements and changes in use as well as renovation measures.
The timing of market decisions is crucial for a successful implementation of upgrades. Therefore, our team monitors the market very closely and advises clients and investors on optimal exit timing.
WE FIND REAL ESTATE GOOD
Real estate represents a relatively non-transparent asset class.
This is due to the heterogeneous nature of the products, the lack of a traditional central market, and the use of common standardised valuation methods for properties that do not necessarily reflect the reality on the capital markets.
Real estate comes with a series of cash flows, some of which – depending on the leasing structure – have fixed interest elements while others are of an equity nature. Therefore, real property is subject to factors similar to those affecting the capital markets. It cannot be viewed in isolation from other asset classes.
The nature of the properties themselves as well as the market mechanisms mean that research can deliver a capital gain that is not found to the same extent in more efficient markets such as equity and securities investments. The market is less transparent and there are greater price deviations.
Real estate is an asset class where appreciation (or depreciation) can occur after acquisition. The real estate market consists usually of large units that are relatively illiquid and relatively expensive to trade. As a result, trading plays a less important role than in other asset classes. Since appreciation is driven mainly by an increase in income over time, asset management and the associated property management are crucial.
As a company we are not only an economic but also a social player. This creates a social responsibility that requires us to reconcile our economic success with our social and ecological aspirations. These ecological, social and governance (ESG) criteria have become an indispensable part of our corporate culture. For us, a consistent focus on ecological and social components means managing business operations conscientiously and responsibly with a view to minimising any negative effects on the environment and society.
Therefore, our entrepreneurial environment characterised by innovation and digitisation, which creates opportunities for both, our clients and ourselves. At the same time, successful and responsible entrepreneurship means for us that we need to consider sustainability and social responsibility into account in defining our corporate goals, and that we need to make responsible use of resources.