As asset management, we understand the professional control and management of a real estate portfolio. This service goes well beyond property management or real estate administration.
As key priorities of asset management activities, the following are mentioned:
Control the strategic direction of the real estate investment
- The monitoring and development of the investment criteria / strategies of a portfolio
- The establishment of medium-to long-term targets for individual properties in terms of their value and yield performance
- Establishing and supervising strategic partners for managing a real estate portfolio, such as property management, tax advice, legal advice, technical advice, etc.
- Comprehensive owner representation to outsiders, either as part of a power of legal representation or by taking over the management of property holding companies
Organization of property management
- Selection, management and monitoring of property management and financial accounting
- Creation and ongoing adjustment of business plans
- Reporting to management or other organs of the investors
- Delivery of reports to banks
Identify financing sources and obtain financing
- Establish contacts with appropriate banks and other financial partners
- Preparation and compilation of the relevant information for the bank analysts
- Negotiation on the concrete financing terms
- Advice on the design of the loan agreement, possibly in cooperation with legal advisers
Participation in the appraisal of real estate:
- Prepare all documentation for assessment
- On-site inspections
- Explanation and discussion of valuation-relevant data and assumptions underlying the valuation with participating partners