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Erik Ebenbauer

Jan Rouven Künzel leaves QUEST Investment Partners

Jan Rouven Künzel leaves QUEST Investment Partners 150 150 QUEST Investment Partners

Jan Rouven Künzel leaves QUEST Investment Partners

Hamburg, Februar 29, 2024. Jan Rouven Künzel, co-founder and Managing Partner of QUEST Investment Partners, will leave the real estate company at his own request on February 29, 2024 and will initially sell his shares to the entrepreneur Erck Rickmers, who currently already holds 60% of the shares. Since its beginning in 2016, Jan Rouven Künzel and Managing Partner Theja Geyer have successfully built and led the project development and investment company. In that time, the company has developed 35 projects with an area of over 500,000 m2.

“After eight intensive years, I am leaving the QUEST Group, grateful for the successful time and proud of what we have built together. I would like to thank all employees and business partners, and in particular our main shareholder Erck Rickmers, for the trust they have placed in me and the good cooperation,” says Jan Rouven Künzel.

Theja Geyer, Managing Partner of QUEST Investment Partners: “I have worked with Rouven for 20 years in various property development companies. I want to thank him for his dedication, drive, good ideas, and expertise in advancing QUEST Investment Partners. Together, we have made QUEST what it is today: a successful and broad-based company with the aim of shaping urban development in a sustainable way. I wish him all the best for the future, both professionally and personally.”

Erck Rickmers says: “I would like to thank Jan Rouven Künzel for the excellent collaboration over the past eight years and the successful growth of the QUEST Group. With its focus on commercial properties in central locations, a targeted climate strategy, and the areas of renewable energies and property management, QUEST is now a well-positioned property development company. We want to take advantage of the opportunities offered by the current market environment and successfully develop QUEST even further.”

About QUEST Investment Partners
The QUEST Group is an integrated property investment platform based in Hamburg with offices in Berlin, Munich, and Frankfurt. QUEST focuses on investments in high-quality commercial properties with value appreciation potential in selected locations in major German cities. QUEST Development realizes its projects, joint ventures, and service developments. Since 2016, 35 projects with an area of over 500,000 m2 have been completed. QUEST Property Management currently manages 125 properties with around 550,000 m2 of usable space. QUEST Energy provides CO2-free energy: the company installs and operates photovoltaic systems on the roofs and exteriors of buildings.

Through extensive revitalization of the Überseehaus, QUEST Investment Partners and PIMCO Prime Real Estate significantly reduced their CO2 emissions while welcoming a new tenant, “New Work SE”

Through extensive revitalization of the Überseehaus, QUEST Investment Partners and PIMCO Prime Real Estate significantly reduced their CO2 emissions while welcoming a new tenant, “New Work SE” 150 150 QUEST Investment Partners

Through extensive revitalization of the Überseehaus, QUEST Investment Partners and PIMCO Prime Real Estate significantly reduced their CO2 emissions while welcoming a new tenant, “New Work SE”

Hamburg, 22 January 2024. As part of their ongoing sustainable refurbishment project, QUEST Investment Partners and PIMCO Prime Real Estate are transforming the 41-year-old Überseehaus at Hamburg Baumwall into a base and hub for innovative and forward-thinking companies. Among the latest tenants is “New Work SE” – a leading provider of modern recruiting solutions. BNP Paribas Real Estate brokered the contract, and “New Work SE” will move into a large part of the renewed Überseehaus starting in autumn 2025. Additional, long-standing tenants, such as Haspa and Schanzenbäcker, have extended their contracts or increased their presence in the Überseehaus, which underlines the attractiveness and unique qualities of this impressive building.

The Überseehaus is characterized by its highly desirable location directly on the Elbe, with a spectacular view of the Speicherstadt, the port, the Elbphilharmonie, and the Landungsbrücken. Its extensive sustainable renovation brings a further plus: a carbon footprint reduction of over 50% compared to a modern wood-hybrid new building. Its embodied carbon is also 68% less than a new building over a 50- year timeframe. According to a comparative study, around 17,000 trees will be preserved compared to conventional new construction, with the emission savings of 7 car trips around the globe.

“Our goal was to be ecologically responsible while preserving the essence of the Überseehaus,” says Kira Groth, Head of Leasing at QUEST Investment Partners. ” As a result, we decided against demolition and were still able to create a sustainable, modern office environment in one of Hamburg’s most sought-after locations that is attractive to innovative tenants such as New Work SE.”

The Überseehaus was acquired in 2018 as part of a joint venture between QUEST Investment Partners and Allianz. Allianz’s stake in the JV is managed by PIMCO Prime Real Estate. Upon completion in the second quarter of 2025, it will offer around 16,200 square meters of rental space, including circa 4,000 square meters of additional space, thanks to a glass extension in the inner courtyard. The new impressive two-story entrance areas will also create a three-part address. The multi-tenant building has been awarded the DGNB Gold certificate for sustainable construction. Other vital sustainability measures include E-charging stations, the installation of photovoltaic systems on the roof surfaces and the creation of new exit areas in the form of balconies and terraces.
Überseehaus – discover it now at: https://ueberseehaus.de

About QUEST Investment Partners
QUEST Investment Partners is an owner-operated real estate investment company. Its offices are located in Hamburg, Berlin, Munich and Frankfurt. With a portfolio of around €3.4 billion in assets under management, the company which is a signatory to the UN Principles of Responsible Investment focuses on investments in commercial properties with upside potential in selected locations of major German cities. QUEST Development develops and finances high-quality real estate projects both independently and in cooperation with co-investors. QUEST Funds is responsible for the fund business and makes individual investments together with institutional investors. The QUEST Property Management team handles around 550,000 m2 of usable space in its own and third-party projects. QUEST Energy supplies CO2-free energy: the company installs and operates photovoltaic systems on the roofs and exterior surfaces of buildings.

Überseehaus Hamburg
Copyright: beyond visual arts GmbH

QUEST and Competo combine their asset management activities and found VIVAO

QUEST and Competo combine their asset management activities and found VIVAO 150 150 QUEST Investment Partners

QUEST and Competo combine their asset management activities and found VIVAO

  • The new company specialises in asset management for existing properties with a focus on “manage-to-green”
  • Focus on institutional investors such as foundations, pension funds, insurance companies and family offices
  • VIVAO launches with around 3 billion euros in assets under management

Munich, Hamburg, 2 October 2023. Joining forces for the future: QUEST Investment Partners and Competo Capital Partners have founded VIVAO Investment und Asset Management GmbH. Both companies are bringing their existing fund and asset management mandates for existing properties into the newly founded company. The aim is to use the joint expertise to provide investment and asset management for long-term real estate investments as value management and to leverage creative ideas to increase the ecological, economic and social value of real estate, thus actively shaping sustainable real estate investments. A special focus is placed on “manage-to-green” properties. VIVAO provides customised solutions within the framework of asset management for existing properties, from the concept and planning stages through to capital structuring, construction and marketing.

The new player on the market launches with around 3 billion euros in assets under management
The merging of the asset management activities creates a company with around 3 billion euros in assets under management. The 27 portfolio properties across Germany comprising approximately 300,000 m2 will be managed by a team of 20 experienced real estate professionals. The main focus is on additional institutional investors such as foundations, pension schemes, insurance companies and family offices with a particular emphasis on commercial and residential properties in German metropolitan cities. Headquartered in Munich and with additional locations in Hamburg, Berlin and Frankfurt, the company will commence operations by 1 January 2024 at the latest. The employees working in asset management at both companies will be transferred to the new company. Mr. Theja Geyer, Mr. Thomas Pscherer and Mr. Andreas Lutz will manage the operations of VIVAO.

Theja Geyer, Managing Partner at QUEST Investment Partners and at VIVAO: “Active asset management plays an increasingly important role today. Be it refurbishment for energy efficiency, optimised energy consumption and tenant structures or the conversion of older spaces into modern, flexible work environments: investors of existing properties urgently need to address all these issues. It is the only way to secure the value of their assets. With our combined experience and expertise, we will creatively and efficiently generate, manage and further develop sustainable value. In doing so, we focus in particular on manage-to-green projects.”

Thomas Pscherer, Managing Partner at Competo Capital Partners and at VIVAO: “Many existing properties are facing major challenges: they have to be sustainably designed for the future, operated in a climate-friendly way and adapted to constantly evolving legal requirements. This is where our expertise as an asset manager for high-quality real estate comes into play, enabling us to provide targeted support. Our combined know-how means that, as a bigger player, we can offer even better and more comprehensive services and accompany a property throughout its entire life cycle. This is how we ensure sustainable practices – from the very beginning.”

Andreas Lutz, Member of the Executive Board at Competo Capital Partners and Managing Director at VIVAO: “VIVAO’s new structure enables us to develop and implement solutions tailored to the needs of our investors in a dynamic and volatile investment climate.”

The merger also means that VIVAO can offer its investors a broad range of services under one roof for existing properties: Competo, which has had its own regulated investment management company, Competo Capital Invest, since January 2021, provides cost-efficient investment structures, QUEST Energy provides climate-friendly solar energy via photovoltaic systems on roofs, and QUEST Property Management provides sustainable building management.

As a bigger player, VIVAO intends to specifically exploit the growth opportunities for asset managers in the area of existing properties, while the two parent companies will continue to focus on their core competencies: QUEST on project development, Competo on equity and mezzanine loan investments in real estate projects in Germany. In this segment, the two owner-operated companies have already realised joint projects – currently the Kreisler office building in Frankfurt, the new headquarters of Nestlé Germany.

About VIVAO
VIVAO Investment und Asset Management GmbH is a specialised real estate asset and investment management company headquartered in Munich with offices in Hamburg, Berlin and Frankfurt. The company manages existing properties for institutional investors such as foundations, pension funds, insurance companies and family offices with the aim of sustainably modernising the buildings for the future and optimising their attractiveness and value through active management. The portfolio, which focuses on office and residential properties, amounts to around 3 billion euros. VIVAO’s shareholders are the owner-operated real estate companies Competo Capital Partners and QUEST Investment Partners.

About QUEST Investment Partners
QUEST Investment Partners is an owner-operated real estate investment company. Its offices are located in Hamburg, Berlin, Munich and Frankfurt. With a portfolio of around €3.4 billion in assets under management, the company which is a signatory to the UN Principles of Responsible Investment focuses on investments in commercial properties with upside potential in selected locations of major German cities. QUEST Development develops and finances high-quality real estate projects both independently and in cooperation with co-investors. QUEST Funds is responsible for the fund business, while the team at QUEST Property Management handles around 550,000 m² of usable space in its own and third-party projects. QUEST Energy supplies CO2-free energy: the company installs and operates photovoltaic systems on the roofs and exterior surfaces of buildings.

About Competo Capital Partners
Competo Capital Partners GmbH is a manager-owned and independent investment and asset management company based in Munich. The company’s core competence includes tailored equity investments in German property developments using equity capital and mezzanine loans, but also long-term investments in properties-in-use. In this line of business, Competo manages the accounts of a selected number of institutional investors who consist almost exclusively of foundations and family offices.
In the developments segment, Competo Capital Partners buys into selected property developments of experienced German developers in the segments office, residential, retail, logistics and hotel by committing equity and mezzanine capital. By setting up the AIFM company Competo Capital Invest GmbH (KVG), Competo transferred its mezzanine business, which has prospered since 2014, into a closed-end loan fund. The average equity investment portfolio consists of 15 equity investments with a combined investment total of more than one billion euros along with 20 mezzanine loans in a volume of c. 1.6 billion euros at the moment – together adding up to an investment total of c. 2.6 billion euros.
In the properties-in-use segment, Competo currently has a portfolio of 18 assets in the cities of Munich, Hamburg, Düsseldorf, Frankfurt, Mainz, Stuttgart and Ulm under management as investment and asset manager whose combined investment volume exceeds 1.3 billion euros. This brings the total investment volume under Competo’s management in the real estate sector just under four billion euros
For more details, go to www.competo-cp.de

f.l.t.r.: Andreas Lutz, Theja Geyer, Thomas Pscherer
Copyright: Nell Killius

QUEST Funds focuses on fund business with private investors

QUEST Funds focuses on fund business with private investors 150 150 QUEST Investment Partners

QUEST Funds focuses on fund business with private investors

  • QUEST Funds Managing Partner Roland Holschuh has sold his shares and will oversee the transition until the end of 2023
  • QUEST Funds Managing Director Susan Winter will leave the company at the end of 2023
  • Peter Schröder and Florian Wagner will become Managing Directors for Private investor business

Frankfurt, Hamburg, 2 October 2023. The real estate company QUEST Funds will be focusing on fund management for private clients in the future. All institutional asset management clients will be transferred to VIVAO Investment und Asset Management GmbH, which was founded by QUEST and Competo. The aim is to further expand the business segment within VIVAO, with collective expertise in the field of institutional clients such as insurance companies, pension funds, foundations and family offices.

Since QUEST Funds was founded in 2019, Co-Managing Partner Roland Holschuh has built up and managed fund assets of €1.6 billion with Co-Managing Director Susan Winter and the team based in Frankfurt and Hamburg. These include a real estate portfolio for a large German pension fund, the architectural icon RAW in Stephensonstraße in Frankfurt am Main with over 50,000 m² of rental space, and the SATELLITE NINE 4 project development in Hamburg.

Theja Geyer, Managing Partner at QUEST Investment Partners and VIVAO: “Roland Holschuh and Susan Winter have successfully built up the fund business over the past years. We thank them for their great commitment and the attractive real estate portfolio that has resulted from it. We see great potential in active asset management for existing properties. That is why we will be pooling our expertise with that of Competo Capital Partners in order to provide even more comprehensive services as a larger player in the future.”

Roland Holschuh, Managing Partner at QUEST Funds, has sold his shares in the company to the majority shareholders of QUEST Funds GmbH and will hand over his management role at the end of the year in order to take on new entrepreneurial tasks. Susan Winter will also step down from her role as Managing Director of QUEST Funds at the end of the year to pursue new professional challenges. All employees at QUEST Funds who are responsible for the institutional fund business will be transferred to the new company VIVAO.

A new management at QUEST Funds
All real estate funds for private investors will continue to be managed by QUEST Funds. At the beginning of next year, Peter Schröder and Florian Wagner will be appointed Managing Directors. Peter Schröder has been working in the fund business for almost 25 years, among others as Managing Director of the issuing house Nordcapital. A graduate in mathematics (Diplom-Mathematiker), he was most recently Head of Projects at E.R. Capital Holding. Florian Wagner has been working in the real estate industry for more than 20 years. Holding a degree in business administration (Diplom-Kaufmann), he was also previously Managing Director at Nordcapital and most recently Head of Investment Management Private Clients at QUEST Funds.

About QUEST Investment Partners
QUEST Investment Partners is an owner-operated real estate investment company. Its offices are located in Hamburg, Berlin, Munich and Frankfurt. With a portfolio of around €3.4 billion in assets under management, the company which is a signatory to the UN Principles of Responsible Investment focuses on investments in commercial properties with upside potential in selected locations of major German cities. QUEST Development develops and finances high-quality real estate projects both independently and in cooperation with co-investors. QUEST Funds is responsible for the fund business, while the team at QUEST Property Management team handles around 550,000 m² of usable space in its own and third-party projects. QUEST Energy supplies CO2-free energy: the company installs and operates photovoltaic systems on the roofs and exterior surfaces of buildings.

Florian Wagner, future Managing Director QUEST Funds
Copyright: Sebastian Vollmert

Peter Schröder, future Managing Director QUEST Funds
Copyright: Sebastian Vollmert

QUEST and Competo celebrate topping-out ceremony for new Nestlé headquarters in Frankfurt

QUEST and Competo celebrate topping-out ceremony for new Nestlé headquarters in Frankfurt 1500 2000 QUEST Investment Partners


QUEST and Competo celebrate topping-out ceremony for new Nestlé headquarters in Frankfurt

Hamburg/Frankfurt, 14 June 2023. The elegantly curved outline of the “Kreisler” building on the corner of Baseler Straße and Gutleutstraße can already be discerned – the shell of the building has been completed: on 14 June 2023, the developers Competo Capital Partners and QUEST Investment Partners along with the main tenant Nestlé Deutschland AG celebrate the topping-out ceremony of the office building, joined by the construction workers and craftsmen as well as by guests from the fields of business and politics. With 12 storeys and a height of 45 metres, this new, staggered building provides around 24,000 m2 of rental space, around 2.200 m2 of landscaped roof terraces and outdoor areas, as well as shaded outdoor workspaces. The property on the southern edge of the central railway station district is already fully let.

With its harmonious shape, the Kreisler building makes a new architectural statement
Light, bright, dynamic and timeless – this is how the design is best described. With its flowing, organic shape and the light-coloured façade, the building will significantly enhance the area between the central station and Baseler Platz. The rounded design of the Kreisler property emphasises the urban planning idea behind Baseler Platz as the southern entrance to the city and as a link between the central railway station district and the development along the banks of the River Main. What the architects had in mind: the shape, colour and material of the façade should emphasise the dynamism of the building, which stands in the flow of time and traffic. The name and design of the Kreisler property are inspired by the former traffic roundabout between Frankfurt central station and the Friedensbrücke bridge – once an important junction in the city.

On the inside, high ceilings, plenty of natural light and internal and external vistas create transparency and a pleasant sense of space. A sculptural staircase from the 2nd to the 11th floor in an open stairwell creates walkable connections. A sustainable, cutting-edge building for flexible and future-oriented work is taking shape here. E-mobility has also been taken into account: ten of the 63 car parking spaces have e-charging stations. Some of the 200 bicycle parking spaces are reserved for e-bikes. A photovoltaic system on the roof produces carbon-neutral electricity to supply the building which is planned for LEED Gold certification.

Theja Geyer, Managing Partner at QUEST Investment Partners: “Buildings shape living spaces. They contribute to the uniqueness of cities, create identity and always hold an emotional value in addition to their aesthetic value. We are convinced that the Kreisler building will generate new momentum for the railway station district and make a positive contribution to the development of the city centre. The fact that the property is already fully let confirms the potential of central locations in major German cities. While work environments are changing, modern buildings in prime locations will remain attractive in the competition for the top talents in the future.”

Transparent and at the heart of it all: Nestlé Germany opts for open office concept in the city centre
In June 2021, Nestlé Deutschland AG signed the lease for its new headquarters covering around 19,000 m2. In the second half of the year 2024, things will get going: some 1,500 Nestlé employees will move from the current location in Niederrad to the centre of Frankfurt.

The team will experience an innovative office concept across twelve floors, with a characteristic staircase as an element of connection and movement. The ground floor will feature a multi-functional, open and interactive restaurant for employees, as well as a kitchen area for product development, testing and training by Maggi and Nestlé Professional. Nestlé’s culinary expertise, from individual cooking to large-scale and community catering, will be on display here. With a culinary concept that focuses on local and sustainable food, the company offers employees suitable options throughout their working day at the office, ranging from breakfast to lunch and in-between snacks.

Green outdoor areas will serve as central anchors for the new team spirit, in addition to the restaurant areas, which also extend to the eleventh floor with a gastro-lounge area and a cooking studio. The roof garden on the top floor offers an impressive view of the city centre and is complemented by six further gardens on the other levels. There is also plenty of space for shared experiences and creative exchange in the event area on the first floor as well as in the central “neighbourhood meeting places” and “workshop areas”, which can be found on each office floor.

Through its design, the new building facilitates dialogue, builds connection and stands for openness and transparency. Ralf Hengels, Head of Human Resources, Nestlé Germany: “By moving into our new building, we want to reshape collaboration. Our activity-based workplace concept centres around our employees and their needs. The room layout and facilities create optimal conditions for flexible, creative, collaborative and also focused, individual work.”

Alexander von Maillot, CEO Nestlé Germany: “At Nestlé, we are working hard to become more transparent and approachable. This transformation is now visible to everyone at our new location. Sharing and learning from each other shapes the way we work, both internally and externally. We look forward to new prospects, inspiration and becoming part of a vibrant neighbourhood in the heart of Frankfurt – the birthplace of our company founder Heinrich Nestlé.”

About Competo Capital Partners
Competo Capital Partners GmbH is a manager-owned and independent investment and asset management specialist. The company’s core competence includes tailored equity investments in German property developments using equity capital and mezzanine loans, but also long-term investments in properties-in-use. In this line of business, Competo manages the accounts of a selected number of institutional investors who consist almost exclusively of foundations and family offices.

In the developments segment, Competo Capital Partners buys into selected property developments of experienced German developers in the segments office, residential, retail, logistics and hotel by committing equity and mezzanine capital. By setting up the AIFM company Competo Capital Invest GmbH (KVG), Competo transferred its mezzanine business, which has prospered since 2014, into a closed-end loan fund. The average equity investment portfolio consists of 15 equity investments with a combined investment total of more than one billion euros along with 20 mezzanine loans in a volume of c. 1.6 billion euros at the moment – together adding up to an investment total of c. 2.6 billion euros.

In the properties-in-use segment, Competo currently has a portfolio of 18 assets in the cities of Munich, Hamburg, Düsseldorf, Frankfurt, Mainz, Stuttgart and Ulm under management as investment and asset manager whose combined investment volume exceeds 1.3 billion euros. This brings the total investment volume under Competo’s management in the real estate sector just under four billion euros. For more details, go to www.competo-cp.de

About Nestlé
Nestlé Germany, based in Frankfurt am Main, has around 8,300 employees in 13 locations. Nestlé’s headquarters are in Vevey, where the company was founded in Switzerland over 150 years ago. Nestlé is the world’s largest food and beverage company with locations in 188 countries. Every day, 275,000 employees around the world work to improve people’s quality of life and contribute to a healthier, more sustainable future. Nestlé offers a wide range of products and services for people and animals through all stages of life. This includes over 2,000 brands from global icons such as Nescafé, KitKat and Maggi to innovations in Plant Based and Health Science.

About QUEST Investment Partners
QUEST Investment Partners is an owner-operated real estate investment company. Its offices are located in Hamburg, Berlin, Munich and Frankfurt. With a portfolio of around €3.4 billion in assets under management, the company which is a signatory to the UN Principles of Responsible Investment focuses on investments in commercial properties with upside potential in selected locations of major German cities. QUEST Development develops and finances high-quality real estate projects both independently and in cooperation with co-investors. QUEST Funds is responsible for the fund business and makes individual investments together with institutional investors, while the team at QUEST Property Management team handles around 550,000 m² of usable space in its own and third-party projects. QUEST Energy supplies CO2-free energy: the company installs and operates photovoltaic systems on the roofs and exterior surfaces of buildings.

Left to right: Ulrich Rössing, Managing Director / CTO of Quest Investment Partners, Sina Lupp, Partner Adolf Lupp GmbH, Alexander von Maillot, CEO Nestlé Deutschland, Ralf Hengels, CHRO Nestlé Deutschland

Nils Femmer appointed Managing Director at QUEST Investment Partners

Nils Femmer appointed Managing Director at QUEST Investment Partners 800 533 QUEST Investment Partners

Nils Femmer appointed Managing Director at QUEST Investment Partners

Hamburg, 4 January 2023 – The investment and project development company QUEST Investment Partners has appointed Nils Femmer (40) to its management board. Nils holds a degree in real estate business administration and was previously Head of Finance at QUEST Investment Partners. He started in his new role as Chief Operating Officer (COO) on 1 January 2023 and is now responsible for cost controlling and liquidity management at the project companies in addition to his previous responsibilities. He continues to act as the contact person for QUEST’s financing partners with regard to the operative financing business. As such, he will be assuming some of the responsibilities of commercial Managing Director Dr Ricardo Alvarez, who left the company by mutual agreement on 31 December 2022. The appointment of a Chief Financial Officer, who will be responsible for the commercial management and controlling of the QUEST companies as well as for human resources and IT, is planned for this spring.

A former banker, Nils Femmer has held various positions at market-dominating mortgage banks (Pfandbriefbanken) with a focus on structured finance, restructuring and risk management. Before joining QUEST, the financial expert headed up the Hamburg real estate centre at DZ Hyp and was thus in charge of the sales region North. Prior to that, he spent more than six years as Head of Real Estate Finance Germany, Region North, at Deutsche Pfandbriefbank. Nils Femmer started his career at HypoVereinsbank/UniCredit, where he worked for almost seven years, most recently as a Senior Associate, in Real Estate Structured Finance.

Nils Femmer graduated from Hochschule Anhalt University of Applied Sciences and Cape Peninsula University of Technology in Cape Town with a degree in Real Estate Management.

About QUEST Investment Partners
QUEST Investment Partners is an owner-operated real estate investment company. Its offices are located in Hamburg, Berlin, Munich and Frankfurt. With a portfolio of around €3.4 billion in assets under management, the company which is a signatory to the UN Principles of Responsible Investment focuses on investments in commercial properties with upside potential in selected locations of major German cities. QUEST Development develops and finances high-quality real estate projects both independently and in cooperation with co-investors. QUEST Funds is responsible for the fund business and makes individual investments together with institutional investors, while the team at QUEST Property Management team handles around 550,000 m2 of usable space in its own and third-party projects. QUEST Energy supplies CO2-free energy: the company installs and operates photovoltaic systems on the roofs and exterior surfaces of buildings.

Nils Femmer, COO QUEST Investment Partners

Copyright: Sebastian Vollmert

QUEST Investment Partners sells commercial and residential property in Frankfurt am Main

QUEST Investment Partners sells commercial and residential property in Frankfurt am Main 150 150 QUEST Investment Partners

QUEST Investment Partners sells commercial and residential property in Frankfurt am Main

Hamburg, 29. September 2022. The investment and project development company QUEST Investment Partners has sold the commercial and residential building at Friedrich-Ebert-Anlage 54 in Frankfurt am Main, originally acquired in November 2021, in an off-market transaction. The buyer is an international bank that intends to use the asset as its headquarters. The new owner plans to renovate the currently vacant office space of the architecturally impressive building and to provide the façade with a visual refurbishment. The seven-storey property, which lies in an established location between the Central Business District and the sought-after Westend, was constructed in 2002 and comprises 3,600 m2 of office and over 200 m2 of residential rental space. Furthermore, the building features 29 underground parking spaces. Each floor of the building, which is embedded in the street layout in the shape of a triangle, offers a flexible space suitable for single, double or open-space offices.

“The property’s prime location and exquisite view of the Frankfurt skyline and trade fair are compelling. Despite the current hesitancy on the investment market: Demand for centrally located, high-quality office space with modern working environments persists,” explains Luis Walther-Kraft, Chief Investment Officer at QUEST Investment Partners.

Due to its central location, the property is well connected to all transport routes: The underground stop “Messe” is only a minute’s walk away, the international airport can be reached in ten minutes and the central train station in three minutes by car.

Aengevelt acted as intermediary in the transaction. QUEST Investment Partners was assisted by SNP Schlawien on legal matters and by HANSA Partner Rommel & Meyer on tax matters.

About QUEST Investment Partners
QUEST Investment Partners is an owner-operated real estate investment company. Its offices are located in Hamburg, Berlin, Munich and Frankfurt. With a portfolio of around €3.4 billion in assets under management, the company which is a signatory to the UN Principles of Responsible Investment focuses on investments in commercial properties with upside potential in selected locations of major German cities. QUEST Development develops and finances high-quality real estate projects both independently and in cooperation with co-investors. The sister company QUEST Funds is responsible for the fund business and makes individual investments together with institutional investors. The QUEST Property Management team handles around 550,000 m2 of usable space in its own and third-party projects. For further information please visit www.quest-investment.com

Copyright: beyond visual arts GmbH

QUEST and Allianz develop Überseehaus in Hamburg

QUEST and Allianz develop Überseehaus in Hamburg 150 150 QUEST Investment Partners

QUEST and Allianz develop Überseehaus in Hamburg
Project focuses on new architectural and climate-friendly features

Hamburg, 19 August 2022. New plans for the Überseehaus in Hamburg: The co-investors QUEST Investment Partners and Allianz are taking extensive measures to guarantee a future-oriented project development with an extension at Baumwall 5-7. A new glass building in the courtyard combined with a stately entrance, a new head building, an expressive roof structure with a terrace and a view of the Elbphilharmonie and HafenCity, as well as new balcony areas on each floor, will lead the 1980s building into a new utilisation cycle. The new building creates 4,200 additional square metres of rental space, resulting in a total area of around 15,800 m2. The goal is to achieve a DGNB Gold certification for the nine-storey building. It will be completely refurbished to be energy and climate friendly. The construction of the extension is scheduled to start in the second quarter of 2023, with completion planned for the second quarter of 2025.

Lars Fröhling, Head of Asset Management for Northern and Central Europe at Allianz Real Estate:
“The development of Überseehaus underlines our conviction that well-located, future- and user-oriented offices with strong ESG credentials will deliver long-term value to our investors.”

On the one hand, the careful renovation of the existing building is CO2-efficient. On the other hand, attention is paid to a CO2 analysis during construction, as well as to future-oriented needs such as e-charging stations and the use of low-emission materials. New recreational areas in the courtyard, on terraces and balconies as well as landscaped areas also reflect the social aspects of the ESG-compliant property. The developers are currently exploring the possibility of using their own photovoltaic system. 

Jan Rouven Künzel, Managing Partner of QUEST Investment Partners:
“Large-scale representative spaces in Hamburg’s city centre are rare. With around 15,800 m2, the centrally located property is ideally suited for single tenants, but multi-tenant use is also conceivable. The Überseehaus will feature flexible, upscale offices with a high quality of stay.”

The glass façade of the new courtyard building opens the building to the outside, and the additional daylight will provide pleasant lighting conditions in the offices. A green anodised metal structure on the roof creates a uniform body that also provides sun shading.

With the Baumwall underground station directly on the doorstep, the property is well connected to local public transport. Nearby, in the Portuguese Quarter, there are numerous cafés and restaurants.

QUEST Investment Partners
is an owner-operated real estate investment company. Its offices are located in Hamburg, Berlin, Munich and Frankfurt. With a portfolio of around €3.4 billion in assets under management, the company which is a signatory to the UN Principles of Responsible Investment focuses on investments in commercial properties with upside potential in selected locations of major German cities. QUEST Development develops and finances high-quality real estate projects both independently and in cooperation with co-investors. The sister company QUEST Funds is responsible for the fund business and makes individual investments together with institutional investors. The QUEST Property Management team handles around 550,000 m2 of usable space in its own and third-party projects. For further information please visit www.quest-investment.com

About Allianz Real Estate
Allianz Real Estate is a PIMCO Company, comprising Allianz Real Estate GmbH and Allianz Real Estate of America and their subsidiaries and affiliates. It is one of the world’s largest real estate investment managers, developing and executing tailored portfolio and investment strategies globally on behalf of a range of global liability driven investors, creating long-term value for clients through direct as well as indirect investments and real estate financing. The operational management of investments and assets is performed out of 17 offices in key gateway cities across 4 regions (West Europe, North & Central Europe, USA and Asia Pacific). For more information, please visit: www.allianz-realestate.com.

Extension with glass façade in the courtyard

Distinctive metal structure as a connecting element of the existing attics
Copyright: beyond visual arts GmbH

QUEST Investment Partners acquires prominent office property in Frankfurt’s banking district

QUEST Investment Partners acquires prominent office property in Frankfurt’s banking district 150 150 QUEST Investment Partners

QUEST Investment Partners acquires prominent office property in Frankfurt’s banking district

Hamburg, 13 December 2021 – The investment and project development company QUEST Investment Partners has acquired the distinctive office building at Mainzer Landstraße 41-45. The seller of the property is a French institutional investor. The company sold the nine-storey building with over 7,000 m2 of office space and 29 underground parking spaces as an asset deal via its local management partner IC Asset Management. Constructed in 1998 and modernised in 2009, this building comes with a particularly attractive feature: every floor includes a balcony or a terrace with spectacular views of Frankfurt’s skyline. Thanks to the flexible layouts, the spaces can be used both as traditional cubicle and open plan offices.

Luis Walther-Kraft, Head of Transactions & Partnering at QUEST Investment Partners, explains: “We plan to further upgrade the good building structure through an active management approach in the coming years. The current vacancy rate of approximately 50 percent of the rental space allows for an immediate repositioning of the property. First talks with prospective tenants are already underway.”

Thanks to its central location, the property is well-connected to all transport routes: the central station and the S- Bahn stop Taunusanlage are only a few minutes’ walk away; the international airport and the A5 and A66 motorways can be reached easily.

Colliers and blackolive, member of the German Property Partners (GPP) network, acted as exclusive agents in a structured bidding process. QUEST Investment Partners was advised by SNP Schlawien on legal matters, HANSA Partner Rommel & Meyer on tax matters and Bohnzirlewagen on technical matters. The seller side received legal and tax advice on the transaction from Hogan Lovells as well as technical advice from CBRE.

About QUEST Investment Partners
QUEST Investment Partners is an owner-operated real estate investment company founded in 2016. Its offices are located in Hamburg, Berlin, Munich and Frankfurt. With a portfolio of around €3.8 billion in assets under management, the company focuses on investments in commercial properties with upside potential in selected locations of major German cities. QUEST Development develops and finances high-quality real estate projects both independently and in cooperation with co-investors. The sister company QUEST Funds is responsible for the fund business and makes individual investments together with institutional investors. QUEST is also engaged in property management through its majority share in Albrecht Gebrüder & Co. For further information please visit www.quest-investment.com

Copyright: blackolive advisers GmbH

QUEST Investment Partners acquires another property in Frankfurt am Main from MEAG

QUEST Investment Partners acquires another property in Frankfurt am Main from MEAG 150 150 QUEST Investment Partners

QUEST Investment Partners acquires another property in Frankfurt am Main from MEAG

Hamburg, 11 November 2021 – The investment and project development company QUEST Investment Partners has acquired the commercial and residential building Friedrich-Ebert-Anlage 54 in Frankfurt am Main from MEAG as part of an asset deal. MEAG is the asset manager of Munich Re and ERGO. Built in 2002, the property enjoys an excellent location between the Central Business District and the sought-after Westend area and comprises some 3,800 m2 of lettable office space. The building includes 29 underground parking spaces. When the current main tenant moves out in July 2022, QUEST intends to give this building with its striking architecture a visual upgrade and to reposition the office spaces. The layout allows for flexible use, with 570 m2 per floor. Be it as a multi-tenant or single- tenant property: the spaces are suitable for individual, double or open-plan offices.

“The property blends into the course of the road like a triangle and offers not only a fascinating architecture and a superb location but also an exquisite view of Frankfurt’s skyline, the park opposite and the trade fair grounds. It is a perfect match for our Frankfurt portfolio with extraordinary properties such as the former “office pyramid” building of Deutsche Bahn, Hotel Hohenzollern at the central station and the new Kreisler building”, explains Luis Walther- Kraft, Head of Transactions & Partnering at QUEST Investment Partners.

“As an asset manager for insurance companies, we focus our capital investments on properties of excellent quality in prime locations. This allows us to make good use of our options at any time. We congratulate QUEST Investment Partners on a unique property with great potential. We would like to thank them for the excellent cooperation and wish the new owners lots of success for the future”, comments Katrin Hupfauer, Head of Real Estate Transactions at MEAG.

Due to its central location, the property is optimally connected to all transport routes: the U-Bahn stop “Messe” is only a one-minute walk away, the international airport can be reached in ten minutes and the central station in three minutes by car.

BNP Paribas Real Estate conducted a structured bidding process, acting as broker on behalf of MEAG. QUEST Investment Partners was advised by SNP Schlawien on legal matters, by HANSA Partner Rommel & Meyer on tax matters and by Bohnzirlewagen on technical matters.

About QUEST Investment Partners
QUEST Investment Partners is an owner-operated real estate investment company founded in 2016. Its offices are located in Hamburg, Berlin, Munich and Frankfurt. With a portfolio of around €3.8 billion in assets under management, the company focuses on investments in commercial properties with upside potential in selected locations of major German cities. QUEST Development develops and finances high-quality real estate projects both independently and in cooperation with co-investors. The sister company QUEST Funds is responsible for the fund business and makes individual investments together with institutional investors. QUEST is also engaged in property management through its majority share in Albrecht Gebrüder & Co. For further information please visit www.quest-investment.com

About MEAG
MEAG is the asset manager of Munich Re and ERGO. With offices in Europe, Asia and North America it also offers its extensive know-how to institutional investors and private clients from outside Munich Re Group. MEAG currently manages assets to the value of around €330 billion, €65 billion of which for institutional investors and private clients from outside the company group.