Income-generating rental property in Germany

Fenix is responsible for investment and management of rental property in different regions of Germany, such as the North Rhine federal states of Westphalia, Saxony and Thuringia.

General Strategy

Germany is the leader of the EU economy as well as the most populous country in Europe. Over 50% of German citizens are renting property.

While choosing objects for investment, Fenix mainly focuses on the following criteria:

  • Second-tier cities of Germany: Essen, Dortmund, Mönchengladbach, Leipzig, Chemnitz, Halle, Erfurt
  • Positive dynamics and positive outlook on population growth
  • Current investment profitability
  • Low property rental prices with a potential for growth
  • Significant potential for the increase of property cost
Financing
  • Fenix has established contacts with German and Austrian banks that finance up to 80% of the total cost of real property
  • Fixed rates can be arranged for bank loans for a period of up to 10 years
  • Compliance procedures in local banks are facilitated
Potential for Development and Value Addition
  • A legally prescribed possibility to increase rental rates for current tenancy agreements by 15-20% every three years to level with average market prices
  • Conclusion of new tenancy agreements at higher rates
  • Property capitalization growth due to renovations of apartments and common premises
  • Property capitalization growth due to real estate market growth
Portfolio

Portfolio of rental apartment blocks in North Rhine-Westphalia and Saxony

 

 

  • Essen, Sedanstraße 31
  • Gelsenkirchen, Schalker Straße 178
  • Mülheim an der Ruhr, Roonstraße 25
  • Mülheim an der Ruhr, Oberstraße 51
  • Duisburg, Regenbergastraße 33
  • Essen, Querstraße 6
  • Herten, Brandstraße 1
  • Duisburg, Schillerstraße 68
  • Essen, Lerchenstrasse 62a
  • Meerbusch, Gonellastraße 48
  • Leipzig, Stannebeinplatz 11
  • Leipzig, Eilenburger Straße 29
  • Bischofswerda, 01877
Area of Expertise
Forming
the structure
  • forming the best investment structure with the investor
  • registering a local company
  • facilitating compliance procedures, opening an account in a local bank
Acquiring
real estate
objects
  • management and coordination of technical, financial and legal due diligence procedures
  • direct market entry, dealing only with real estate objects that are not in the open market
  • preliminary check on real estate objects
  • negotiations on buying a real estate object, working with lawyers
  • providing tested, reliable due diligence operators
  • interaction with banks, fund raising
Managing
real estate
objects
  • yearly planning and budgeting
  • supervision and coordination of external contractors
  • supervision and management of the local public utility company
  • interventions facilitating the capitalization growth, such as: adding balconies, redeveloping, renovating facades, porches, entrances and stairwells, and redecorating apartments by means of reliable contractors
  • management of vacant spaces, current renovations and apartment renting
Selling
real estate
objects
  • sale advising
  • negotiations with potential buyers
  • internal evaluation of the cost of a real estate object and market analysis
  • conducting buyer due diligence
  • preparation of papers needed for sale and purchase
  • closing of the transaction