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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

Christina Geib is the new CFO at QUEST Investment Partners

Christina Geib is the new CFO at QUEST Investment Partners 1500 2000 QUEST Investment Partners


Christina Geib is the new CFO at QUEST Investment Partners

Hamburg, 28 June 2023. Christina Geib (51) joined the management team of the investment and project development company QUEST Investment Partners in April 2023. With a degree in business (Diplom-Kauffrau), she assumes the role of Chief Financial Officer (CFO) and is responsible for the commercial management and controlling of the various QUEST companies, in addition to human resources, IT and the further digitalisation of business processes.

Christina Geib has more than 25 years of experience in management positions. She joins QUEST from WBM Wohnungsbaugesellschaft Berlin-Mitte, where she has been Chief Financial Officer and most recently Chief Operating Officer during the last eight years. Prior to that, she was Head of Finance & Accounting at the international real estate company Tishman Speyer Properties Deutschland GmbH for more than five years. At Dresdner Bank she was Head of Financial Accounting Group, and at Kreditanstalt für Wiederaufbau she was a project manager overseeing the IFRS conversion. Christina Geib began her professional career at the auditing firm PWC, where she worked for six years, most recently as a manager.

She studied business administration at the University of Passau and qualified as a Certified Public Accountant in the USA.

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.

Copyright: Nils Hasenau / QUEST Investment Partners

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

QUEST rents around 3,000 m² to Allen & Overy in Munich’s Leopoldstraße – The commercial premises go to the restaurant Bar Giornale

QUEST rents around 3,000 m² to Allen & Overy in Munich’s Leopoldstraße – The commercial premises go to the restaurant Bar Giornale 1500 1500 QUEST Investment Partners

QUEST rents around 3,000 m² to Allen & Overy in Munich’s Leopoldstraße
The commercial premises go to the restaurant Bar Giornale

Hamburg, 23 February 2023. Project development has not yet begun, but the anchor tenant is already confirmed: the investment and project development company QUEST Investment Partners has rented around 3,000 m² of its Munich property LEO 7 to Allen & Overy. Situated in an exclusive location at Leopoldstraße 7, the building will be radically revamped before the international corporate law firm moves into five of its six floors in summer 2024. The restaurant premises have also been leased: the renowned Bar Giornale will continue to serve its regulars on Munich’s popular Schwabing boulevard. The elegant Italian restaurant has signed a long-term lease for 580 m² including a terrace. The building includes 25 underground parking spaces for cars. Currently, an office space of approximately 770 m² with an attractive outdoor area of around 70 m² is still available for rent on the first floor.

The extensive revitalisation of the detached corner building, which dates back to 1982, will begin shortly. The grey stone slabs will make way for a storey-high window façade, which will flood the office spaces with light. The new LEO 7 property will have a transparent, light and elegant appearance that blends in with its exclusive surroundings. Two new stacked floors on the 5th and 6th floors will replace the current roof and attic storeys, creating 500 m² of additional space and two new rooftop terraces measuring 260 m² and 113 m² overlooking the Siegestor. After its transformation, the building will meet the highest technical, architectural and sustainability standards. LEED Gold certification is envisaged.

“With LEO 7, we are creating an energy-efficient, modern office and commercial building in a prime location in Munich. The fact that we have succeeded in renting it out so early shows how much demand there still is for high-quality spaces. Office buildings continue to play a major role as a calling card and in the competition for the best talents,” says Jan Rouven Künzel, Managing Partner at QUEST Investment Partners.

“We have had an office in Munich for almost 15 years now. With the successful development of our law firm in Germany, our team there has grown considerably and we have now secured a very attractive new workplace for our staff in an excellent location that meets our high sustainability standards. We look forward to welcoming our clients to our new offices at LEO 7 very soon,” explains Dr Wolf Bussian, Managing Partner at Allen & Overy Germany.

The building is located in the immediate vicinity of Munich’s universities, major attractions, the English Garden and culinary highlights. Munich’s city centre can be reached on foot.

CBRE acted as broker.

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.

About ALLEN & OVERY LLP
Allen & Overy LLP is an international legal practice with approximately 5,800 people, including some 590 partners, working in more than 40 offices worldwide. In Germany, the firm is represented in Düsseldorf, Frankfurt am Main, Hamburg and Munich with around 220 lawyers, including 51 partners. They advise leading national and international companies in all major areas of commercial and financial law.

For more information please visit: www.allenovery.com

O2 Telefónica rents 7,000 m2 as single tenant at Hamburg’s Tichelhaus property

O2 Telefónica rents 7,000 m2 as single tenant at Hamburg’s Tichelhaus property 800 533 QUEST Investment Partners

O2 Telefónica rents 7,000 m2 as single tenant at Hamburg’s Tichelhaus property

Hamburg, 14 February 2023. Right at the start of construction, the investment and project development company QUEST Investment Partners has rented the entire office space of the Tichelhaus property, which spans almost 7,000 m2, to the telecommunications company o2 Telefónica. O2 Telefónica offers mobile and fixed network services for private and business customers. With around 47 million mobile telephone lines and 2.3 million broadband lines, the company is one of the leading integrated telecommunications providers in Germany. The demolition of the old building is currently underway in this prestigious location at Willy- Brandt-Strasse 69. Plans are for the new nine-story building to be ready for occupancy at the end of 2024.
QUEST Investment Partners focuses on constructing the building in a sustainable manner with a low carbon footprint in the long term. Among other things, the bricks come from near Hamburg, ensuring that transport routes are short and optimised in terms of emissions. A photovoltaic system on the roof will be supplying environmentally friendly energy in the future. Pre-certified as LEED Gold, the Tichelhaus property will comprise a total of 8,400 m2 upon completion. In addition to office premises, the project will include eight flats with a view of the historic Nikolaifleet canal as well as a space for restaurants.

“We see a trend among larger companies to return to office spaces in the city centre that are smaller, but centrally located and innovative. The Tichelhaus property stood out in several ways: with its location in the heart of the city centre, great accessibility, state-of-the-art workspaces and creative areas, as well as a sustainable and energy-efficient concept including its own photovoltaic system on the roof. Not to mention its stylish architecture,” says Kira Groth, Head of Leasing at QUEST Investment Partners.

“As o2 Telefónica, with the new building we have found an attractive, central location that is well connected to the Hamburg public transport network and at the same time meets our requirements in terms of sustainability. Here we can implement a workplace concept that promotes creative exchange and communication among our employees and also acts as a pull factor for new talents,” says Markus Rolle, CFO of o2 Telefónica.

The Tichelhaus property showcases Hamburg’s building culture
The word “Tichel” means “brick” in the Low German dialect. For the façade, QUEST Investment Partners chose traditional handmade clinker bricks from the Rusch brickworks in the Altes Land region. Each brick is unique and is fired in a traditional Hoffmann kiln. The result is a vivid and eye-catching brick façade with a unique appearance that translates Hamburg’s historic building culture into modern times.

The elegant and expressive proposal submitted by the architects at Christ & Gantenbein won the international competition. The architectural firm Schaub & Partner will take over the realisation of the project.

BNP Paribas Real Estate acted as broker.

Über 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.

The Tichelhaus property with its elegant brick façade

Copyright: beyond visual arts

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 Funds reports full occupancy at Neuer Wall 54 – repositioning completed

QUEST Funds reports full occupancy at Neuer Wall 54 – repositioning completed 150 150 QUEST Investment Partners


QUEST Funds reports full occupancy at Neuer Wall 54 – repositioning completed

Hamburg, 6 December 2022. Investment and asset manager QUEST Funds has successfully completed the repositioning of the 5,560 m2 LIV office and retail building on Neuer Wall in Hamburg. The project included a modernisation of the façade and interior, and reletting of previously vacant parts of the office spaces. 65 per cent or 3,614 m2 of the property is used as offices. The last 800 m2 on the 3rd floor have now been claimed by a recruitment agency and a provider of virtual reception services. Among the new tenants who have already moved into the building in recent months are Greenfield Capital, Heartstocks, Smartenergy, as well as the teams of recruiters jobvalley, Lionment and Z1 Management. On each floor, generous window fronts ensure light-flooded rooms, while light colours and warm wood notes of the interior design create a welcoming and comfortable working atmosphere.

The Danish furniture store Illums Bolighus was already the tenant of the entire retail space when the building was purchased. The property in a premium location in the middle of Hamburg’s city centre is part of the “Urban Office RE”, a real estate fund managed by Universal Investment for the Bayerische Versorgungskammer (BVK). QUEST Funds acts as investment and asset manager of the portfolio.

“The exceptional ambience of this exclusive shopping street attracts not only luxury brands but also office users. In the competition for the best talent, the flexibility, fit-out and micro-location of an office space play an increasingly important role,” explains Roland Holschuh, Managing Partner of QUEST Funds. The property is located in the heart of Hamburg’s city centre, in the close vicinity of Hamburg Town Hall, the Jungfernstieg and the Inner Alster lake. With its proximity to the central train station, the location is well-connected to local and long-distance public transport.

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. For further information please visit www.quest-investment.com

About Bayerische Versorgungskammer
Bayerische Versorgungskammer is the competence and service center for occupational and communal pension schemes and Germany ́s largest pension group under public law. As a public authority of the Bavarian Ministry of the Interior, it is the joint executive body of twelve liberal professions ́ and communal pension schemes. Bayerische Versorgungskammer covers about 2.5 million insured persons in total, with contributions of € 5.4 billion and about € 3.9 billion pension payments annually. It currently has € 107.3 billion assets under management (market value) and more than 1,460 employees. Bayerische Versorgungskammer has been a signatory of the UN Principles for Responsible Investment (PRI) since 2011. It became a member of the Global Real Estate Sustainability Benchmark (GRESB) in March 2020 and joined the Net-Zero Asset Owner Alliance in May 2021.

About Universal Investment
The Universal Investment Group is one of Europe’s leading fund service platforms and Super ManCos with around EUR 900 billion in assets under administration, about 7,000 fund and investment mandates and a workforce of more than 1,400 at locations in Frankfurt am Main, Luxembourg, Dublin, London, Paris, Stockholm, Hamburg and Krakow. Founded in 1968, the company is an independent platform for asset managers as well as institutional investors offering structuring and administration solutions as well as risk management for Securities, Real Estate and Alternative Investments. The companies EF A, UI labs, UI Enlyte and CAPinside complement the group’s innovative service offering. Universal Investment is a signatory of the UN Principles of Responsible Investment. (as of October 2022)

Completely modernised and fully let: The LIV on Neuer Wall

Copyright: beyond visual arts GmbH