Quantum acquires German residential portfolio

Quantum has announced the acquisition of the "Super Seven" portfolio, consisting of seven residential properties with over 530 units, located in prime areas across six major German cities.

Super Seven acquisition - Quantum

This acquisition, made on behalf of institutional investors, specifically a club of Berlin-based professional pension schemes, was completed as part of an individual mandate by Quantum Immobilien.

The portfolio includes properties in highly desirable locations such as Hamburg-Barmbek, Hamburg-Neustadt, Berlin-Charlottenburg, Düsseldorf-Pempelfort, Cologne-Nippes, Frankfurt-Bockenheim, and Bad Homburg. Built between 2008 and 2013, these properties offer a total lettable area of approximately 48,900 m2, with around 47,600 m2 dedicated to residential space. The portfolio boasts a high occupancy rate of approximately 98%, indicating strong demand.

This transaction provides investors with a unique opportunity to access a large and high-quality residential portfolio in Germany's top regions. All seven properties are situated in well-established, sought-after residential areas, benefiting from excellent infrastructure and local amenities. The attractive capital values of these properties suggest significant potential for long-term value appreciation within this residential investment.

Martin Berghoff, managing director of Quantum, said: "The 'Super Seven' portfolio is exactly what we look for on behalf of institutional investors. Seven prime residential properties in proven micro-locations within Germany's strongest residential markets, virtually fully let and energy-efficient for the future. Opportunities like this do not arise often. We are therefore all the more pleased to have seized this opportunity for our investors."

The deal was an asset purchase, and both parties have chosen not to disclose the purchase price. Quantum received advice from Jebens Mensching and WITTE Projektmanagement, while Hogan Lovells, JLL, and BNP Paribas Real Estate advised the seller.