After DeA Capital already began expanding into European markets in 2019 and 2020, the internationalization of the platform for alternative investments in the real estate sector has now been further advanced with Germany. As early as October 2020, the DeA Capital Group founded DeA Capital Real Estate Germany GmbH with headquarters in Munich.
With Wolfgang Speckhahn, the Italians have gained a real estate professional with many years of experience as a local partner, who was already successfully responsible for and implemented the internationalization of Patrizia AG as head of strategy and corporate development. Wolfgang Speckhahn will manage and build up the German national subsidiary from the office in Munich as Managing Director with the support of other employees.
Like the other existing subsidiaries DeA Capital Real Estate France, DeA Capital Real Estate Iberia (Spain/Portugal) and DeA Capital Real Estate Poland, the German company also aims to establish and expand the real estate advisory business in the market for institutional investors. DeA Capital Real Estate Germany advises investors, particularly in the DACH region but also together with the Group companies, on international and pan-European fund solutions and individual investment concepts.
In the area of direct real estate investments, the focus is particularly on real estate procurement and management in the Core+, Value Add and Opportunistic sectors. However, the product range is also expanded to include investment opportunities in the area of indirect real estate investments via Real Estate Investment Trusts (REITs) and real estate shares.
To this end, DeA Capital Real Estate Germany has also strengthened its team with Thorsten Schilling (52) and Martin Figge (57), who are responsible for this area from the Frankfurt/Main office and are building it up. Both come from Savills Investment Management, where they were responsible for the management of REIT funds and special mandates until the middle of the year. Schilling and Figge are specialists who have been working together in the field of indirect real estate investment since 2006 and have many years of expertise in capital and real estate markets as well as in researching REITs and real estate shares. Thomas Körfgen supports the team here, formerly Managing Director at Savills Investment Management, who built up the team under the predecessor company, SEB Asset Management, will provide his many years of industry expertise as an external advisor and senior advisor. Körfgen and Speckhahn, who also worked at SEB Asset Management until 2007, already know each other from this time together.
The first investment products with a focus on the German, but also pan-European real estate investment markets are in an advanced stage of preparation together with the Group companies. This includes in particular the launch of a REIT fund for subscription for institutional investors with a focus on global listed REITs, which will continue the successful track record of the REIT team. The launch of the first products will already take place in the first quarter of this year.
DeA Capital (www.deacapital.com). DeA Capital S.p.A., a subsidiary of De Agostini S.p.A. and listed on the STAR segment of the MTA Market of Borsa Italiana, is the leading independent Italian player in the Alternative Asset Management sector (for assets under management), with Combined Assets Under Management of approximately EUR 23,000 million and an Investment Portfolio of approximately EUR 338 million. The Group Platform, concentrated on the two subsidiaries, DeA Capital Real Estate SGR and DeA Capital Alternative Funds SGR, as well as on the related indirect majority investment in Quaestio SGR – is engaged in the promotion, management and development of real estate, private equity and credit investment funds, as well as in multi-asset/multi-manager solutions for institutional investors.
DeA Capital Real Estate Germany GmbH
Prinzregentenstrasse 15
81675 München
Telefon: +49 (89) 24624887
http://www.deacapital.com
Telefon: +39 (06) 68163206
E-Mail: marco.scopigno@deacapital.com
Managing Partner
Telefon: +49 (89) 2462-4887
E-Mail: wolfgang.speckhahn@deacapital.com