HANSAINVEST Real Assets increases assets under management to nearly 6.5 billion euros
- Project volume grows by 50% to more than 950 million euros with developments in Hamburg and Munich, among others
- Strategic expansion of logistics real estate portfolio moving ahead: some 480 million euros in assets under management already
- Strong leasing performance despite the coronavirus: more than 250,000 m² leased, following on from 150,000 m² in 2019
HANSAINVEST Real Assets GmbH has started 2021 with a new record for assets under management. As a consequence of the sustainable growth path in recent years, the assets under management as of the end of 2020 were 6.5 billion euros, following on from 5.9 billion euros in the previous year. The infrastructure segment accounted for nearly 1.1 billion euros, while the real estate segment saw strong year-on-year growth of more than 600 million euros to 5.4 billion euros.
It was also possible to expand the project development volume, which now totals more than 950 million euros. This figure encompasses challenging, major new construction projects in Hamburg's city centre and its "City North" district, with the company also represented in Munich city centre with the premium office project Lumen.
The logistics real estate segment, in which HANSAINVEST Real Assets has already been active since 2006 and which has increasingly been at the heart of the growth strategy since 2018 - two years before the coronavirus crisis-driven growth therefore - was able to post a further major expansion in 2020. In the meantime, the logistics segment comprises some 480 million euros in assets under management, following on from nearly 300 million euros at the end of 2019.
"We are proud that we have been able to continue on our growth path in 2020, which was an exceptional year for everybody. In this respect, the strategic orientation of our real estate portfolio is being consistently continued - and the particular focus has not just been on the residential and logistics asset classes since the coronavirus crisis began. Alongside the German top 7 cities, selected international markets such as the east coast of the USA, Benelux, Helsinki and others are of interest for us for additional acquisitions," explains Nicholas Brinckmann, the chairman of the management of HANSAINVEST Real Assets.
Strong leasing performance despite the coronavirus: more than 250,000 m² leased, following on from 150,000 m² 2019
The leasing performance increased in 2020 to a total of 251,200 square metres in new leases and extensions, following on from 150,800 square metres in 2019. As a result, the leasing ratio has also remained stable across the entire real estate portfolio at nearly 95%.
"This tremendously strong leasing result also speaks volumes for the enormous competence and commitment of our asset management team. We have demonstrated our leasing competence in an impressive manner under in part incredibly difficult conditions, for which I would like to thank the entire team," comments Martina Averbeck, the managing director of HANSAINVEST Real Assets.