2023 report

BEOS Light Industrial Germany I

0
million EUR gross fund assets
0
Properties under management
0
% occupancy rate

“BEOS Light Industrial Germany I” was launched at the end of 2020 as an open-ended real estate special AIF exclusively for Deka’s institutional clients to offer them specialised access to the corporate real estate market for the first time. Within the scope of this cooperation, which is based on a concept developed specifically for Deka by BEOS, Deka Immobilien assumes the distribution and coordination function and bundles the investors’ interests, while BEOS implements the investment strategy and is responsible for active asset management. The fund is based on the tried-and-tested approach of the four existing BEOS special funds and has a target volume of around EUR 400 million. Mixed-use commercial properties are purchased in economically strong regions with the following types of use: production, service, storage, distribution, laboratory and office. The spaces must have a high capacity for alternative uses. Within a short period of time, a portfolio now comprising 14 properties has been built up, which is broadly diversified in terms of tenant sectors, corporate real estate types and geographically.

Key figures 2023

200.2
million EUR gross fund assets
14
Properties under management
69
Tenants
135,500
sqm total area
11
million EUR annual net cold rent
127,400
sqm rented area
6.98
EUR/sqm average rent
6.1
years WALT
1.5
% BVI return since issue
203
Market value (EUR m)
−3,1
% change in market value
94
% occupancy rate
2023 2022 2021
million EUR gross fund assets 200.2 174.8 153.4
Properties under management 14 13 11
Tenants 69 n/a n/a
sqm total area 135,500 127,500 90,900
million EUR annual net cold rent 11 9.7 6.9
sqm rented area 127,400 124,700 88,100
EUR/sqm average rent 6.98 6.25 7.33
years WALT 6.1 5.6 4.3
% BVI return since issue 1.5 1.42 n/a
Market value (EUR m) 203 n/a n/a
% change in market value −3,1 n/a n/a
% occupancy rate 94 n/a n/a
Purchase

BEOS acquires life science real estate in Berlin

BERLIN-ADLERSHOF SCIENION HQ
Wagner-Régeny-Strasse 15
Berlin

3,037 sqm plot size
5,211 sqm lettable floor space
1.3 million EUR rental income

As part of a sale-and-lease-back transaction, a new life science building comprising more than 5,200 square metres was acquired in the Adlershof Technology Park in southeastern Berlin.

The biotechnology company SCIENION GmbH uses 100 percent of the rental space as its head office, where it manufactures dispensing systems, which can be used to dispense liquid volumes measuring just nano- and picolitres. The technology is used for pregnancy test strips, allergy tests, cancer diagnostic tools and biosensors for glucose measurement.

BERLIN-ADLERSHOF SCIENION HQ
Wagner-Régeny-Strasse 15
Berlin

3,037 sqm plot size
5,211 sqm lettable floor space
1.3 million EUR rental income

“Sale-and-lease-back transactions like these are win-win situations. Our investors will gain a top tenant with a promising business model in the life science growth market, while our tenant, in turn, can concentrate entirely on its own core business, freeing up additional capital through the sale. We are very pleased about the successful transaction.”

Jonas Hitz
Senior Project Manager in Transactions at BEOS
Purchase

First new acquisition in Dusseldorf for “BLIG I”

C-VIEW OFFICES DUSSELDORF
Fringsstrasse 13-19
Dusseldorf

22,000 sqm plot size
18,944 sqm lettable floor space
2.4 million EUR rental income

Purchase

First new acquisition in Dusseldorf for “BLIG I”

Located at the port of Dusseldorf, the “C-View” is an addition to the “BEOS Light Industrial 
Germany I” portfolio. The property comprises some 19,000 square metres of rental space, divided into office, laboratory and outdoor storage use.

The main tenant on the site is a Japanese technology company. The two buildings are extremely flexible. They are designed for a versatile multi-tenant structure and have a direct view of the Rhine.

C-VIEW OFFICES DUSSELDORF
Fringsstrasse 13-19
Dusseldorf

22,000 sqm plot size
18,944 sqm lettable floor space
2.4 million EUR rental income