“All good things come in threes.” However, this does not apply to BEOS, which thinks ahead, and in October 2018 launched the fourth BEOS special fund.
“BEOS Corporate Real Estate Fund Germany IV” is in no way inferior to its predecessors – immediately after its launch, the vehicle grew to 32 corporate properties with the purchase of the “Laetitia” portfolio. This initial portfolio already enabled a significant portion of the planned target volume of EUR 1.1 billion to be invested. In October 2023, the fund officially ended its acquisition phase with a further purchase in Munich. The high level of diversification with 40 properties and around 380 tenants, combined with the active asset management approach pursued by BEOS, ensures stability in a challenging market environment. In addition, the fund was again awarded a Green Star in its second GRESB participation.
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| billion EUR gross fund assets | 1.36 | 1.32 | 1.23 |
| Properties under management | 40 | 40 | 39 |
| Tenants | 392 | n/a | n/a |
| sqm total area | 895,500 | 893,300 | 1,024,000 |
| million EUR annual net cold rent | 70.6 | 66.2 | 61.1 |
| sqm rented area | 857,000 | 859,500 | 982,800 |
| EUR/sqm average rent | 7.36 | 6.95 | 6.36 |
| years WALT | 4.4 | 4.7 | 4.2 |
| % BVI return since issue | 9.0 | 10.26 | 10.5 |
| Market value (EUR bn) | 1.23 | n/a | n/a |
| % change in market value | −0,2 | n/a | n/a |
| % occupancy rate | 95.7 | n/a | n/a |
