Press

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

Copyright: beyond visual arts

Download press image
Download press release as a PDF

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

Download press image
Download press release as PDF

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

Download press image
Download press release as PDF

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

Download press image
Download press release as PDF

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

Download press image
Download press release as PDF

QUEST Investment Partners sells exclusive office and commercial building in the city centre of Hamburg
QUEST Investment Partners sells exclusive office and commercial building in the city centre of Hamburg 150 150 Quest Investment Partners

QUEST Investment Partners sells exclusive office and commercial building in the city centre of Hamburg

Hamburg, 22 September 2022. The investment and project development company QUEST Investment Partners has sold the listed building at Hohe Bleichen 15 in Hamburg on behalf of the property’s holding company. The sale of the 680 m2 rental property to May & Co. was recently completed in an off-market asset deal. The owners had acquired the building in 2011 and subsequently renovated and extended it in an elegant manner.

The classicist building, erected in 1859, stands as an architectural rarity in Hohe Bleichen: It is the last remaining structure of a cluster of former residential homes that lined the street in the 19th century. Aside from office spaces, the asset accommodates the Hamburg branch of the fashion designer Paul Smith. The building was sold with the rental area, which is spread over four floors, being fully let.

“The listed property in Hohe Bleichen shows that real estate in top locations in major German cities is in demand in all phases of the market”, says Luis Walther-Kraft, Chief Investment Officer of QUEST Investment Partners.

QUEST Investment Partners was advised on legal and tax matters by SNP Schlawien. Grossmann & Berger acted as advisor to the purchaser.

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

Hohe Bleichen 15: Classicist and listed building
Copyright: Carsten Brügmann

Download press image 1
Download press release as pdf

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

Download press image 1
Download press image 2
Download press release as pdf

QUEST Investment Partners brings real estate expert Nicole Römer on board
QUEST Investment Partners brings real estate expert Nicole Römer on board 150 150 Quest Investment Partners

QUEST Investment Partners brings real estate expert Nicole Römer on board

Hamburg, 01 June 2022. The investment and project development company QUEST Investment Partners is further expanding its Transaction division, bringing real estate expert Nicole Römer on board as Managing Director of the newly founded QUEST Advisory as of June 01 2022. The aim is for her to intensify the collaboration with local brokers. Her tasks include identifying relevant properties for acquisition, making contact with suitable capital and project partners, and representing the Berlin location.
“With the new Advisory division, we want to further expand and professionalise our Investment division. With her long-standing experience at renowned brokerage and investment firms, Nicole Römer is perfectly suited to intensify and further expand the collaboration with our established partners in the brokerage world”, states Luis Walther-Kraft, Chief Investment Officer at QUEST Investment Partners.

“Especially in challenging times, where acquisitions have to be sharply calculated, maintaining close contact with sellers and brokers has become all the more important”, adds Jan Rouven Künzel, Managing Partner at QUEST Investment Partners.

Nicole Römer has been working in the real estate industry for 25 years. The business economist comes from Cushman & Wakefield, where she spent more than three years as Head of Retail Capital Markets Germany. Her experience includes 14 years at Jones Lang LaSalle (JLL) Germany in the fields of retail leasing and retail investment, most recently as National Director of JLL. Before the takeover by JLL, she worked at Kemper’s for a further six years.

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. QUEST is also engaged in property management through its majority share in Albrecht Gebrüder & Co.

Copyright: Nicole Römer/QUEST Investment Partners

Download press image
Download press release

Real estate company QUEST Investment Partners establishes energy subsidiary for solar power
Real estate company QUEST Investment Partners establishes energy subsidiary for solar power 150 150 Quest Investment Partners

Real estate company QUEST Investment Partners establishes energy subsidiary for solar power

Hamburg, 12 April 2022. A new company for sustainable and environmentally friendly energy: the real estate investment company QUEST Investment Partners has founded QUEST Energy GmbH, headquartered in Hamburg. In cooperation with service providers, the wholly owned subsidiary installs and operates photovoltaic systems on the roofs and outdoor areas of QUEST projects — with the prospect of also expanding to third-party sites in the future. The electricity produced on site is to be offered to the tenants at below-market rates. To realise the photovoltaic projects, QUEST Energy will be leasing the roof areas and thus securing the operation of the solar power plants even after a possible sale of the property. Solar power generation increases the value of the property and also offers considerable advantages for the tenants: in this way, QUEST will be providing carbon-free electricity as well as a reduction in electricity costs with at least partial price security.

“QUEST Energy reinforces our long-term climate strategy and our goal to modernise in a CO2-optimised way wherever possible. The current events in the news demonstrate in dramatic detail just how sensible and important sustainable and at least partially self-sufficient electricity production is”, says Theja Geyer, Managing Partner at QUEST Investment Partners.

The partner for the planning and tender management of the plants is the Hamburg-based photovoltaic specialist greentech. With more than 100 employees, the company develops, plans, builds and operates solar power plants and is one of the largest independent managers of solar plants in Europe. Various feasibility studies and implementation plans are already available.

QUEST is a signatory to the UN Principles of Responsible Investment.

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. QUEST is also engaged in property management through its majority share in Albrecht Gebrüder & Co.

QUEST Investment Partners focuses on green power from the roof
Copyright: QUEST Investment Partners

Download press image
Download press release

QUEST Funds increases assets under management by 25 percent in 2021
QUEST Funds increases assets under management by 25 percent in 2021 150 150 Quest Investment Partners

QUEST Funds increases assets under management by 25 percent in 2021

Frankfurt, Hamburg, 8 February 2022 Successful results for QUEST Funds in 2021: the real estate company acting as investment, asset and fund manager, took over office properties worth almost half a billion euros for renowned institutional investors. All the properties in question are office properties in Germany’s top four cities — Hamburg, Berlin, Munich and Frankfurt. The investments were made for two different regulated special funds. In the same period, the company sold office and commercial properties from managed funds with a combined area of more than 32,000 m2 in Brussels and Hamburg for a total of approximately 150 million euros. The assets under management of the 13 funds currently managed amounted to 1.5 billion euros at the end of the year, corresponding to an increase of 25 percent compared with the previous year.

Outlook for 2022 – sights set on closed-ended and open-ended funds for institutional investors
QUEST Funds continues to consider the market for real estate investments as attractive. “In view of the continuing demand for high-quality properties and the current inflation trend, we expect a positive market environment going forward. Covid has not slowed down our transaction or leasing activities for office buildings”, says Roland Holschuh, Managing Partner at QUEST Funds. The company plans to launch ESG- compliant closed-ended special funds for selected investments as well as open-ended special funds for diversified allocations in Germany’s top 4 cities.
Roland Holschuh: “There is a shortage of premium properties on the market. However, with our partnering company QUEST Development, we enjoy excellent access to suitable newly built or modernised properties. We thus know the properties and their potential very well. ESG aspects for our funds can therefore already be considered in the conception phase.”

The combined assets under management of QUEST Development and QUEST Funds amount to 3.4 billion euros. The Development division reported assets under management of 1.9 billion euros at the end of the year.

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 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.

Roland Holschuh, geschäftsführender Gesellschafter von QUEST Funds
Copyright: Sebastian Vollmert

Download press image
Download press release

Enter your
text here