QUEST Funds

QUEST Funds GmbH has been founded in 2019. In the fund section of the real estate company, a team of 10 people is in charge of the fund and investment business as well as the asset management.

Currently, the company manages a portfolio of 11 funds with 11 properties in Germany and the Netherlands, comprising of some 180,000 m2 of leasable area. The real estate portfolio represents assets under management of about € 650 million.

Management

Peter Schröder

info@quest-funds.de

Curriculum Vitae

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Peter Schröder joined the Erck Rickmers Group (shareholder of QUEST Funds) in 1999, where he held various management positions in the areas of fund conception and asset management. He is Head of Projects in the group holding company of the Erck Rickmers Group since July 2022 and Managing Director of NORDCAPITAL GmbH since September 2023. He is also managing director of QUEST Funds since December 2023.

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After studying mathematics at the University of Hannover, he began his professional career in controlling at the Hamburg Süd shipping company.

Florian Wagner

info@quest-funds.de

Curriculum Vitae

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Florian Wagner has been working in various management positions in the Erck Rickmers Group since 2003. Initially, he supported the development of the newly founded real estate division at Nordcapital and was responsible for this division as managing director from 2007 onwards. After Nordcapital’s real estate division has been transferred to QUEST Funds, he took on the position of Head of Investment Management Private Clients. He has been managing director of QUEST Funds since December 2023.

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Florian Wagner is a business graduate with a degree in business administration from the Christian Albrechts University in Kiel and completed training as a banker before his studies. Before joining the Erck Rickmers Group, he was Acquisition Manager at DB Real Estate.

02.

Strategy

The investment focus is on office properties with upside potential in central and highly frequented neighbourhoods of Germany’s top 4 cities: Berlin, Frankfurt, Hamburg and Munich. This is where QUEST sees opportunities for an increase in value through active management.

QUEST Funds GmbH offers in-house expertise in structuring, transactions, portfolio management and asset management and has access to QUEST Development for portfolio development. This combination enables it to match institutional, medium to long-term capital with the power of a project developer.

Together with QUEST, institutional investors can thus invest in customised structures with an attractive risk-return profile – be it funds, club deals or individual investments.

03.

Investment structures

04.

Investment strategies

Potential
Properties that allow for extensive renovation, repositioning and new letting at a significantly higher level.

Development of the optimal strategy, implementation of portfolio development and further densification if necessary.

Growth
Properties with an upcoming successive change of tenants and the need for renovation.

Development of a consistent strategy for the entire holding period, upgrading of defining elements, gradual realisation of the property’s potential.

Stability
Properties with long-term leases in currently undervalued locations, which achieve a value increase upon exit at the end of the term.

Stable cash flow, optimisation during the existing contract in consultation with the tenant, preparation for monetisation of the potential derived from the under-rented property on exit.

05.