EB GROUP becomes property partner of Deutsche Investment

Berlin, 15 August 2016 – EB GROUP is the new strategic property partner of Deutsche Investment and is therefore responsible for the property management of the new special fund "Deutsche Investment – Wohnen III". The funds’ principal destinations will be Berlin and Hamburg. The first acquisitions have already been made, including a property portfolio with 1,500 residential units in Berlin and Hamburg.

With this cooperative partnership, Deutsche Investment and EB GROUP perfectly combine their core competencies: Fund manager Deutsche Investment gets a new strategic partner who provides a vertical integration of all aspects of the real estate sector. So far, EB GROUP has maintained a regional focus on Berlin, Potsdam and Dresden. In order to take on property management, letting management as well as infrastructural facility management for the new special fund, the company is expanding its business to Hamburg. 

Within a short period of time, a significant investment has already been made: Deutsche Investment has acquired a property portfolio with 1,500 residential units in Berlin and Hamburg. Approximately 1,100 units are located in Berlin, about 400 in Hamburg. The Berlin properties are located within in the central districts Charlottenburg-Wilmersdorf, Mitte und Friedrichshain-Kreuzberg. The Hamburg properties are situated in good locations throughout the city as well as within catchment area. The portfolio was sold by S IMMO.

"We place stringent requirements on our property partner. EB GROUP has a proven expertise in property management, sufficient resources and efficient structures”, says Florian Mundt, Managing Partner of Deutsche Investment. “With EB GROUP, we continue our successful business concept based on the property partnership: The professional preparation, the experienced team as well as the high quality standards have convinced us."

"The employees of EB GROUP form a strong team, which is passionate about this new strategic partnership", says Enver Büyükarslan, Managing Partner of EB GROUP. “Everyone is highly motivated to expand our 360° expertise into the real estate market of Hamburg.” Therefore, EB GROUP will shortly be opening a new branch in Hamburg. 

Image rights: wiwsphotos/shutterstock.com

latest news:
» EB GROUP restructures management of Property Management
» Change in management of Deutsche Investment
» New EB GROUP headquarters in Berlin
» Deutsche Investment extends partnership with EB GROUP
» EB GROUP strengthens its management