Montano Real Estate GmbH
Montano Real Estate GmbH closes 2022 with positive result in challenging market environment with transaction successes in all asset classes
Issuer: Montano Real Estate GmbH
/ Key word(s): Annual Results
Montano Real Estate GmbH closes 2022 with positive result in challenging market environment with transaction successes in all asset classes
Munich, 31 January 2023 – Montano Real Estate GmbH (“Montano”, www.montano.eu), one of the leading independent investment specialists in the German commercial real estate market, was able to close the past financial year 2022 with a positive result thanks to an expansion of its business segments and transaction successes in all asset classes relevant to the company. “2022 was a real challenge for all market participants: geopolitical crises, a sharp rise in inflation and – particularly relevant for our industry – a significant increase in interest rates. I am proud of our team that we were nevertheless able to close the year so successfully and with results that were down on the previous year, but still positive,” said Montano founder and Managing Partner Ramin Rabeian. “Despite the difficult market situation, we successfully closed deals last year in all asset classes we actively manage. These successes show that we have established ourselves as a reputable partner in the German commercial real estate market over the past ten years.” There were several highlights for Montano in the past fiscal year:
Assets under management increase by 16 percent to 1.8 billion euros with transaction volume of 500 million euros Montano increased the value of its assets under management to 1.8 billion euros in fiscal 2022. This corresponds to an increase of 250 million euros or a good 16 percent compared with 2021 (1.55 billion euros). Managed leasable space increased by 190,000 sq. ft. to a total of approximately 800,000 sq. ft. “2022 was another exciting year in our now ten-year history. We expanded our business model to include the conception and sale of our own investment products, launched our first own multi-investor fund, the Montano Public Sector Fund, and increased the size of our team by eight employees,” said Sebastian Schöberl, another Montano founder and Managing Partner. Plans for the current 2023 financial year include the expansion of the Public Sector portfolio and the Social Infrastructure investment line, the launch of further theme funds and the expansion of existing individual mandates. In addition, Montano plans to make acquisitions of Core Plus or Value Add properties in the Food Retail segment, as well as investments in non-ESG and stranded office properties with the aim of repositioning them in an environmentally friendly way. In this context, the company also intends to make greater use of its equity capital.
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Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG. |
Language: | English |
Company: | Montano Real Estate GmbH |
Lenbachplatz 5 | |
80333 München | |
Germany | |
Internet: | https://www.montano.eu/ |
EQS News ID: | 1547083 |
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