About us
Grand City Properties is a specialist in residential real estate, investing in value-add opportunities in densely populated areas predominantly in Germany. The Group’s portfolio is focused on North Rhine-Westphalia, Germany’s most populous federal state, Berlin, Germany’s capital and Grand City’s single largest city in the portfolio, the fast growing metropolitan regions of Dresden, Leipzig and Halle, and the largest cities in the north of Germany, Bremen, Hamburg and Hannover as well as other major urban centers such as Nuremberg, Munch, Mannheim, Frankfurt and London.
Strategy and Business model
The Group’s business model is focused on the German real estate markets where it benefits from favorable fundamentals that will support stable profit and growth opportunities in the foreseeable future. Through targeted modernizations and intensive tenant care management Grand City Properties is able to lift the assets to their full potential. The company's aim is a long-term and sustainable increase in value of the real estate portfolio.
Business model
Deal-sourcing network established since 2004
Due Diligence & negotiation of best possible deal terms
Acquisition
Take over
Repositioning + Capex
Increase: Rent + Occupancy
Decrease operating costs & non-recoverable costs
Improve tenant satisfaction
In-house proprietary IT software
Yield & value increase
Long term asset financing
Long term hold (90%)
Sale on opportunistic basis at high capital gains and channel into high quality properties (up to 10% p.a.)
Grand City Properties offers a well-balanced mix of properties that are attractively located. The company has dedicated and experienced staff members permanently located in its central and regional offices. In addition, Grand City Properties has a centralized 24/7 Service Center to coordinate and assure the highest level of tenant satisfaction. The Company puts emphasis on high tenant satisfaction, which it sees as an integral part of its business model.
