Strategic Real Estate Advisors, the property management company for ultra high net worth investors is to spend €100 million on property in Germany, acquisitions that will double the company’s European assets.  

The company acquired two separate commercial portfolios in Hamburg and Dusseldorf on behalf of their clients. The Dussledorf portfolio, comprising 60,000 square metres of industrial buildings, was purchased for €48 million. Seventy-five per cent of the industrial premises are already leased.

In Hamburg StratREAL acquired 40,000 square meters of commercial office-space for a client. The portfolio was also three quarters full.

Not only is StratREAL projecting that it will be able to hold onto the current incoming stream for its clients, it is confident enough to expect to be able to profit. The company outlined plans to increase both the rent generated by the buildings and to fill the vacancies. Its projected plans contrast with the market’s fear that the crisis in the financial world will spill into wider industry and business sectors.

Ben Hall, the global head of StratREAL’s Asset Management division predicted that the assets would eventually stabilise with a reduced risk profile providing their clients with a strong and consistent income.

StratREAL remains one of the key advisory services of real estate which services private individuals. The company currently oversees the management of real estate valued at $6.5 billion.