ESTAma Investment, the investment agency arm of the ESTAma group, is celebrating its 10th anniversary this September. In these 10 years, this specialist transaction management business has built enormous expertise and experience in Germany’s unique commercial property market, having transacted more than 750 retail, logistics, industrial, office and mixed-use assets.
Since its conception in 2012, ESTAma Investment has managed transaction volumes from €1m up to €120m incorporating both individual assets and portfolio sales totalling €2.5bn. Working with high calibre clients across the UK, Germany and North America, including Global Mutual, Marathon Asset Management, Signal Capital, Cerberus, and Deutsche Bank, the specialist company has developed a bespoke network of thousands of investors, including private and institutional investors, developers and local property companies with an interest in the German market.
As ESTAma Investment enters its second decade, the business has plans to expand its client base into new industry sectors, leveraging this unique and extensive network. Expansion plans include development sites for data centres and life science assets, as well as extending into new territories in Europe.
Christian Bodtke, Head of Investment Agency said, “We are very pleased to have reached such a milestone with ESTAma Investment. It is great to see how the business has grown over the past ten years and the number of transactions we have achieved within this period. We are looking forward to seeing where the next ten years take us and continuing to provide our clients with our specialist support.”
In addition to its traditional agency work, ESTAma Investment specialises in transaction management, including the management of data rooms. The company also provides Q&A processes, sales contract negotiations and completion monitoring, as well as offering complementary asset and property management services within its dedicated markets.
Standout deals secured by ESTAma Investment include the sale of an office building let to BMW in Munich for in excess of €100m. ESTAma marketed the asset in a structured sales process and managed the Q&A process and SPA negotiations, ensuring a swift transaction within 2 months from signing Heads of Terms.
Similarly, the sale of the Flora Park shopping-centre in Magdeburg for €120m was a complex transaction requiring specialist knowledge, as the property was undergoing live refurbishment. With many tenants moving around and units being split and merged, these works affected the due diligence process of the buyer. Going above and beyond a typical agency remit, ESTAma drove the Q&A process between stakeholders, establishing a current and post refurbishment picture of rental income and occupancy, forming the commercial basis of the sale.
For more information on ESTAma Investment’s services, visit https://www.estama.eu/en/