Investment Focus
Aroundtown SA is a real estate company with a focus on income generating quality properties with value-add potential in central locations in top tier cities primarily in Germany and the Netherlands.
Investment Highlights
Proven business model and successful track-record
Highly cash generative portfolio resulting from successful repositioning
Proven operational performance, increase rents and occupancy and extend leases
Significant upside potential in the portfolio with limited downside risk as properties possess under-utilized rent and occupancy
Synergies and economies of scale enable to increase profit margins and reduce operational costs
Well allocated assets centrally located in top tier European cities, primarily Germany and NL
Low financial risk
Conservative financial profile in the real estate sector
Low LTV and high interest coverage ratio
Highest ratio of unencumbered assets (over 50%)
Investment grade BBB+ (A-2 Short Term)
Strong pipeline
Substantial deal pipeline enabling strong execution of acquisitions and disposals
Capital appreciation opportunities through appropriate asset selection and acquisitions at attractive valuations
Incumbent preferred buyer status gives access to off-market transactions away from auction pressures
Structurally strong position with high barriers to entry
Investing and managing value-add opportunities in central locations in top tier cities of primarily German/NL real estate
IT software systems tailor-made for the German real estate, fitted to the needs of property value creation
