News: FOM Real Estate as new player in the landmark investment market
News: FOM Real Estate as new player in the landmark investment market. Joint venture buys the tallest building in the Netherlands.
A joint venture between FOM Real Estate, Asia Pacific Real Estate and Coquine SA has concluded their first acquisition, the „Maastoren“ from Colony North Star RE, on May 1, 2018, the tallest building in the Netherlands.
The total investment amounts to over € 170 million.
The Joint Venture targets further investments into landmark properties as a partner for Asian- and other International Investors. Depending on investor demands, the platform is able to provide single-investments, club-deals or fund structures.
With the assistance of Asia Pacific Real Estate, FOM Real Estate has sold two properties to Asia Institutional Investors: the headquarters of Thales in Stuttgart which was developed by FOM in 2014 and the Allianz headquarters in Berlin-Adlershof which was developed as a joint venture with Corpus Sireo in 2017. The investment volume was in the mid three-digit million Euro range.
FOM Real Estate and Coquine SA (the latter via investments) have been successful project developers in Germany for decades, increasingly for or on behalf of international investors. Asia Pacific Real Estate has been continuously expanding its business with institutional investors in Asia for years.
The joint platform will meet the increasing demand from non-European investors for profitable, stable and sustainable investments in the core and landmark segment in Continental and Northern European countries. In addition to projects, the focus is also on portfolio transactions and income producing properties.
Gaps repeatedly arising for international investors are now professionally closed and geographical and cultural barriers are consequently bridged.
FOM Real Estate is an owner-managed company and has been a successful project developer, real estate service provider and investor for over 20 years. Since 1997, FOM has successfully completed projects with a total volume of almost three billion Euro. FOM Real Estate’s expertise as a project developer and operator of real estate is a stable basis for the continuously growing business area of marketing large real estate properties in recent years.
Asia Pacific Real Estate (APACRE) is an independent investment and asset manager based in Singapore. APACRE has been managing investments for institutional investors and family offices in Asia and Europe for many years.
Coquine SA is a Swiss-based private investment platform founded in 2009, which actively manages investments in various successful German project development companies (including Fay Projects) and advises private and institutional clients on investments in real estate loans. The company is indirectly involved in a large number of real estate projects in Germany.