Partners
Service and quality excellence along the value chain
Many of the elements of the value chain we are able to undertake best ourselves – but it is not always sensible to maintain in-house resources for all eventualities. For this reason we entrust a lot to specialists with extensive experience and standing, who have the necessary know-how to implement our strategy on a national scale. Whatever we or our partners do, our goal must always be to achieve sustainable added value for our investors.
Fellowship
EBS REMI and CORESTATE Capital AG cooperate in Research
The “Distressed Real Estate Debt” research cooperation went live on 1 November 2011 to analyse the upcoming wave of distressed real estate debt and provide transparency which will help the real estate industry cope with the greatest financial crisis since World War II. The first results are expected within the first quarter of 2012. Incipient approaches toward a solution that have crystallised so far include the formation of a transparency culture, the development of internal stabilisation programmes, and the endorsement of a pro-active value added approach.
Approximately 1.4 trillion Euros worth of global distressed assets are being marketed, while another 1.2 trillion Euros of commercial real estate mortgages worldwide are due to mature over the next four years, with approximately 500 billion Euros in Europe and 125 billion Euros in Germany alone. Banks have severely cut back on credit financings and focus, if any, on low-risk lending. This trend is set to accelerate further and will lead to a sharp increase of non-performing real estate assets. Banks are not capable of covering financing demand due to the capital requirements they are facing. Therefore real estate investments are subject to value creation processes. If this is disobeyed, performance suffers. This makes it even more important to draw on the EBS research to shed light on the risks involved with the upcoming market situation in order to lay the basis for economically sound and sustainable real estate investments. To this end, Corestate Capital AG intends to collaborate with the Real Estate Management Institute of EBS University so as to make an active contribution and develop models which will help turn non-performing portfolios back into real assets.
Real Estate Valuation
Technical Due Diligence
Legal Due Diligence
Property Management
