07.09.2016 11:41:36
|
DGAP-News: MPC Münchmeyer Petersen Capital AG
DGAP-News: MPC Capital expands portfolio in the Netherlands and Germany
07.09.2016 / 11:41 The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Press Release
MPC Capital expands portfolio in the Netherlands and Germany
- Acquisition of 10 grocery-anchored retail assets with a total volume of around EUR 60 million - Expansion of Dutch-German real estate fund for logistics and light industrial from EUR 115 million to around EUR 150 million
Hamburg / Amsterdam, 7 September 2016 - The Dutch subsidiary of the Hamburg asset and investment manager MPC Capital AG, Cairn Real Estate ("Cairn"), has significantly enlarged its portfolio. In implementing two projects in the Dutch and German commercial real estate market, Cairn increases its managed volume by almost EUR 100 million. MPC Capital is involved in both transactions as co-investor.
Creation of a portfolio for retail properties
In a joint venture with the private investment firm AT Capital Group, Cairn has acquired a portfolio of ten supermarket-anchored retail assets for local supply in the Netherlands. The portfolio, with gross retail space of around 27,500 m2, was acquired for EUR 60 million. The bulk of the properties are classified as CORE properties. For a further portion, Cairn intends to gain added value through targeted improvements to the building quality and tenant structure. Approximately 98 % of the space is let to high value clients including supermarket chains such as Albert Heijn, Aldi, EMTE and Jumbo.
Cairn anticipates a consistently stable development in demand from the local supply of everyday items via supermarkets, drugstores and bakeries. Over the past eight years, supermarket revenues in the Netherlands have grown by around 2.5 % per annum.
Taking a long-term strategic partnership with AT Capital Group as the basis, the plan is to expand the portfolio through further acquisitions of individual properties and links with additional property portfolios. For that purpose a new joint venture was set up called Dutch REAM BV.
Expansion of the "Real Estate Growth Fund" for logistics & light industrials
The second project is an addition to the existing "Real Estate Growth Fund", a Dutch special AIF for professional investors originally launched by ABN AMRO MeesPierson. Cairn took over the management of the fund 4 years ago. The fund is already invested in properties in the logistics and light industrial sector in the Netherlands, with a total volume of around EUR 115 million. By way of a capital increase, four further properties have now been brought into the fund. This now takes the total volume of the fund up to EUR 150 million.
With this increase in fund volume, Cairn and MPC Capital have expanded the investment strategy of the fund to the German market: three of the four new properties are in western and northern Germany, the fourth is based in the Netherlands. A further regional diversification of the fund portfolio into other selected European countries is envisaged. The volume of the logistics and light industrial fund is to be increased to EUR 300 to 400 million in the medium term.
"In realising this transaction, we have further strengthened our leading position in the Dutch market for commercial real estate," remarked Dr Roman Rocke, Management Board member of MPC Capital AG. "Meanwhile we are laying the foundations for the expansion of our investment strategies. We are concentrating on market niches that profit from shifting consumer behaviour. Everyday items that aren't really suitable for sourcing over the increasingly popular channel of online shopping need to be available ideally at your local supermarket or bakery. In turn, the growth of online shopping creates a need for additional logistics structures and regional distribution centres."
About MPC Capital AG MPC Capital AG is an independent asset and investment manager for real asset investments. Together with its subsidiaries, the company develops and manages real asset investments and investment products for international institutional investors, family offices and professional investors. Its focus is on the asset categories Real Estate, Shipping and Infrastructure. MPC Capital AG has been quoted on the stock exchange since 2000 and has around 240 employees group-wide.
Contact MPC Capital AG Stefan Zenker Head of Investor Relations & Public Relations Tel. +49 40 38022-4347 Fax +49 40 38022-4878 e-mail: s.zenker@mpc-capital.com
---------------------------------------------------------------------------
07.09.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English Company: MPC Münchmeyer Petersen Capital AG Palmaille 75 22767 Hamburg Germany Phone: +49 (0)40 380 22-0 Fax: +49 (0)40 380 22-4878 E-mail: kontakt@mpc-capital.com Internet: www.mpc-capital.de ISIN: DE000A1TNWJ4 WKN: A1TNWJ Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Open Market (Entry Standard) in Frankfurt End of News DGAP News Service ---------------------------------------------------------------------------
499607 07.09.2016
DGAP-News: MPC Münchmeyer Petersen Capital AG / Key word(s): Real Estate MPC Capital expands portfolio in the Netherlands and Germany
07.09.2016 / 11:41 The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
Press Release
MPC Capital expands portfolio in the Netherlands and Germany
- Acquisition of 10 grocery-anchored retail assets with a total volume of around EUR 60 million - Expansion of Dutch-German real estate fund for logistics and light industrial from EUR 115 million to around EUR 150 million
Hamburg / Amsterdam, 7 September 2016 - The Dutch subsidiary of the Hamburg asset and investment manager MPC Capital AG, Cairn Real Estate ("Cairn"), has significantly enlarged its portfolio. In implementing two projects in the Dutch and German commercial real estate market, Cairn increases its managed volume by almost EUR 100 million. MPC Capital is involved in both transactions as co-investor.
Creation of a portfolio for retail properties
In a joint venture with the private investment firm AT Capital Group, Cairn has acquired a portfolio of ten supermarket-anchored retail assets for local supply in the Netherlands. The portfolio, with gross retail space of around 27,500 m2, was acquired for EUR 60 million. The bulk of the properties are classified as CORE properties. For a further portion, Cairn intends to gain added value through targeted improvements to the building quality and tenant structure. Approximately 98 % of the space is let to high value clients including supermarket chains such as Albert Heijn, Aldi, EMTE and Jumbo.
Cairn anticipates a consistently stable development in demand from the local supply of everyday items via supermarkets, drugstores and bakeries. Over the past eight years, supermarket revenues in the Netherlands have grown by around 2.5 % per annum.
Taking a long-term strategic partnership with AT Capital Group as the basis, the plan is to expand the portfolio through further acquisitions of individual properties and links with additional property portfolios. For that purpose a new joint venture was set up called Dutch REAM BV.
Expansion of the "Real Estate Growth Fund" for logistics & light industrials
The second project is an addition to the existing "Real Estate Growth Fund", a Dutch special AIF for professional investors originally launched by ABN AMRO MeesPierson. Cairn took over the management of the fund 4 years ago. The fund is already invested in properties in the logistics and light industrial sector in the Netherlands, with a total volume of around EUR 115 million. By way of a capital increase, four further properties have now been brought into the fund. This now takes the total volume of the fund up to EUR 150 million.
With this increase in fund volume, Cairn and MPC Capital have expanded the investment strategy of the fund to the German market: three of the four new properties are in western and northern Germany, the fourth is based in the Netherlands. A further regional diversification of the fund portfolio into other selected European countries is envisaged. The volume of the logistics and light industrial fund is to be increased to EUR 300 to 400 million in the medium term.
"In realising this transaction, we have further strengthened our leading position in the Dutch market for commercial real estate," remarked Dr Roman Rocke, Management Board member of MPC Capital AG. "Meanwhile we are laying the foundations for the expansion of our investment strategies. We are concentrating on market niches that profit from shifting consumer behaviour. Everyday items that aren't really suitable for sourcing over the increasingly popular channel of online shopping need to be available ideally at your local supermarket or bakery. In turn, the growth of online shopping creates a need for additional logistics structures and regional distribution centres."
About MPC Capital AG MPC Capital AG is an independent asset and investment manager for real asset investments. Together with its subsidiaries, the company develops and manages real asset investments and investment products for international institutional investors, family offices and professional investors. Its focus is on the asset categories Real Estate, Shipping and Infrastructure. MPC Capital AG has been quoted on the stock exchange since 2000 and has around 240 employees group-wide.
Contact MPC Capital AG Stefan Zenker Head of Investor Relations & Public Relations Tel. +49 40 38022-4347 Fax +49 40 38022-4878 e-mail: s.zenker@mpc-capital.com
---------------------------------------------------------------------------
07.09.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
---------------------------------------------------------------------------
Language: English Company: MPC Münchmeyer Petersen Capital AG Palmaille 75 22767 Hamburg Germany Phone: +49 (0)40 380 22-0 Fax: +49 (0)40 380 22-4878 E-mail: kontakt@mpc-capital.com Internet: www.mpc-capital.de ISIN: DE000A1TNWJ4 WKN: A1TNWJ Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Open Market (Entry Standard) in Frankfurt End of News DGAP News Service ---------------------------------------------------------------------------
499607 07.09.2016
Der finanzen.at Ratgeber für Aktien!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu MPC Münchmeyer Petersen Capital AGmehr Nachrichten
12.12.24 |
EQS-DD: MPC Münchmeyer Petersen Capital AG: Constantin Baack, Kauf (EQS Group) | |
12.12.24 |
EQS-DD: MPC Münchmeyer Petersen Capital AG: Constantin Baack, buy (EQS Group) | |
12.12.24 |
EQS-DD: MPC Münchmeyer Petersen Capital AG: Dr. Philipp Lauenstein, buy (EQS Group) | |
12.12.24 |
EQS-DD: MPC Münchmeyer Petersen Capital AG: Dr. Philipp Lauenstein, Kauf (EQS Group) | |
12.12.24 |
EQS-DD: MPC Münchmeyer Petersen Capital AG: Christian Schwenkenbecher, buy (EQS Group) | |
12.12.24 |
EQS-DD: MPC Münchmeyer Petersen Capital AG: Christian Schwenkenbecher, Kauf (EQS Group) | |
12.12.24 |
EQS-DD: MPC Münchmeyer Petersen Capital AG: Joachim Ludwig, sell (EQS Group) | |
12.12.24 |
EQS-DD: MPC Münchmeyer Petersen Capital AG: Joachim Ludwig, Verkauf (EQS Group) |
Analysen zu MPC Münchmeyer Petersen Capital AGmehr Analysen
Aktien in diesem Artikel
MPC Münchmeyer Petersen Capital AG | 5,10 | -0,97% |