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Pareal News

Excerpt from real estate newspaper Juni 2012: PDF-Download

Press release November 2016:
Pareal places EDEKA-market in Braunschweig
The market is located near the city centre and is let to EDEKA. The purchaser is a family office, the vendor is a foreign investment community.


Press release October 2016:
Pareal places reatil warehouse centre for 13,5 mn Euros
An instituional investo has purchased a retail warehouse centre in Brandenburg. It comprises appr. 15.000 sqm rental space, the plot is appr. 42.000 sqm. The tenants are real, Hagebau, LIDL etc. The WALT is 6,2 years. The purchaser is an institutional investor from Germany.


Press release September 2016:
Pareal places Karstadt-Warehouse in the prime pitch of Bamberg
Art-Invest Real Estate purchased the Karstadt-Warehouse in the city cebtre of Bamberg. The property is located on the Gruener Markt 23-27 ans has about 19.000 sqm rental space shared on 6 floors. The vendor is a developer based in Munich. The transaction was an off-market deal placed by Pareal.


Press release July 2016:
Pareal places retail warehouse in Baden-Wuerttemberg
Die property is located between Heidelberg and Karlsruhe and was sold to a private investor-community. The vendor is a forreign investor.


Press release June 2016:
Pareal places REWE-market in Lower Saxony
Within an exclusive sales order Pareal was able to place a food retail market located in Nienburg. The property was sold within a structured tender procedure to an institutional investor based in Hamburg. The property is currently used by the food retail chain REWE, rented space accounts for approximately 1.900 sqm. The customer was an institutional investor based in Berlin.


Press release June 2016:
Pareal places EDEKA-market in Baden-Wuerttemberg
The property is located in the west of Stuttgart an had a purchase price of 5 mn Euros. The vendor is an anglo saxonian investor.


Press release May 2016:
Pareal places commercial property in Giffhorn
The mixed uses property is located in the city centre. The vendor is an anglo saxonian investor.


Press release April 2016:
Pareal places commercial building in Halle
The single-tenant property is located near the city centre. The purchaser is a private invetsor-community.


Press release March 2016:
Pareal places food discounter
The property is located in the Black Forrest. The vendor is a foreign institutional investor, the buyer is a regional private person.


Press release February 2016:
Pareal places property in the prime pitch of Bremen
With the beginning of 2016 Pareal was able to place a property in the best 1-A-location in Bremen. The vendor was a german bank, the investor is placed in Luxembourg.


Press release January 2016:
Pareal places food retail market in Rhineland Palatinate
The market has a rental space of more than 10.000 sqm and is used by a well known food retail chain. The vendor was an anglo saxonian investor, the buyer a private investor from Germany.


Press release December 2015:
Pareal places OBI-DIY-store in Lower Saxony
The long term leased DIY-store is placed near Hannover und was purhcased by an anglo saxonian investor. The vendor was a nation wide acting developer. This was the 5th DIY store Pareal could place within the last 3 years.


Press release December 2015:
Pareal places three properties in the prime pitch of Erfurt
The neighbouring properties are located in the 1-A-location in Erfurt. The purchaser is a german private investor.


Press release November 2015:
Pareal places property in the prime pitch of Bamberg
A bavarian family office bought a property in the prime pitch of Bamberg (Gruener Markt). The transaction was closed within 5 weeks.


Press release October 2015:
Pareal places retail warehouse portfolio
An anglo saxonian investor bought three food retail stores located in the Southern part of Germany from an institutional investor.


Press release September 2015:
Pareal places food retail market in Greater Munich
The 2o year old market is located on a property with more than 14.000 sqm space. The buyer is a private person from Munich.


Press release August 2015:
Pareal places EDEKA-market near Dresden
The market has a rental space of more than 3.000 sqm und has a long term lease contract with EDEKA. The buyer is a private person.


Press release July 2015:
Pareal places retail warehouse center in the Black Forrest
Within an exclusive sales order Pareal was able to place a retail warehouse center in the Black Forrest. The vendor was a german bank. The property was sold to an private investor.


Press release June 2015:
Pareal places Netto-market in Stuttgart
The food retail store is located in the southern district of Stuttgart. The vendor is a foreign investor, the buyer is a regional private person.


Press release May 2015:
Pareal places LIDL-market in Bad Kreuznach
Within an exclusive sales order Pareal was able to place a food discount market located in Bad Kreuznach. The property was sold within a structured tender procedure to an institutional investor based in Munich. The property is currently used by the food discounter chain LIDL, rented space accounts for approximately 1.250 sqm. The customer was an institutional investor based in Berlin. The purchase price was 2.5 mn Euros.


Press release April 2015:
Pareal places retail warehouse
The food retail market is located in Baden-Wurttemberg, the new owner is going to rebuild the property. The vendor is an Anglo Saxonian investor, the buyer a private person.


Press release March 2015:
Pareal places retail warehouse center in Bavaria
Within an exclusive sales order Pareal was able to place a retail warehouse center in Bavaria. The vendor was a german bank. The property was sold to an institutional investor. The purchase price was in the low double million range.


Press release March 2015:
Pareal places former Holsten Brewery
At the edge of the city centre of Neumunster the team of Pareal was able to place the former Holsten Brewery. The vendor was an Anglo Saxonian financial Investor, the buyer a community of regional private investors.


Press release February 2015:
Pareal places retail warehouse portfolio in South Germany
The portfolio consists of 12 properties rented to well known food retail chains with different lease contracts. Further information about this deal will not be disclosed.


Press release January 2015:
Pareal places living- and commercial property in Konstanz again
With the beginning of 2015 Pareal was able to close the first transaction in the new year. A private investor from Konstanz acquired a residential- and commercial property in the Konstanz city center. The volume accounts to the lower one-digit million range. The seller of the property is a private investor as well. Pareal acted as the broker.


Press release December 2014:
Pareal placed prime business real estate asset
The asset in prime location with high presence shows nearly 3.000sqm rental area and was sold to a pension fund, that was advised by Pareal. The asset was renovated and letted by the german vendor and afterwards sold for an amount of around 11mn Euros.


Press release December 2014:
Pareal placed office building in central business district of Nuermberg
The totally refurbished building is let to several Banks and business tenants and compromises nearly 3.500sqm rental space and 100 parking spaces. The buyer is an institutional investor and spent an amount of around 10mn Euros, the vendor is a developer.


Press release November 2014:
Pareal places BayWa DIY-store and garden market close to Munich for EUR 15 million
The property is located in Poing near Munich. The building has 11.100 sqm of lettable space and is let to BayWa for 15 years. The buyer is an institutional investor based in Bavaria. Pareal acted as a broker for the acquiring party. It was the 2nd DIY-store placed by Pareal in 2014.


Press release October 2014:
Pareal places food market nearby Leipzig
Within an exclusive sales order Pareal was able to place a food discount market located south of Leipzig. The property was sold within a structured tender procedure to an institutional investor based in Munich. The property is currently used by the food discounter chain Netto, rented space accounts for approximately 1.028 sqm; the duration of the lease contract is until the end of 2021. The customer was an institutional investor based in Berlin.


Press release October 2014:
Pareal sold property in best city centre of Nuremberg
A local private family office bought a commercial property within the city centre on behalf of Pareal. The high presence building offers nearly 10.000sqm of retail- and office-space and shows opportunity for further rent increasing by assetmanagement. The vendor was an international financial Investor after a 10 years hold period.


Press release October 2014:
PAREAL sold office building in city district of Nuremberg
Private family real estate business company invested in former 6.500sqm insurance office building with enormous opportunistic potential for an amount of 4,5 Mn Euros. Pareal advised the vendor, which is an international financial funds based in Holland.


Press release September 2014:
Pareal placed lease contract with about 12.500 sqm rental space in the city-centre of Neu-Ulm
On behalf of an institutional investor and in terms of an exclusive real estate sales order Pareal was able to find a new tenant for the vacant rental space in a retail centre in Neu-Ulm in Bavaria. In the future there will be a new BayWa DIY-store. After voluminous refurbishments and modifications the opening is planned to be in spring of 2015. The 20.000 sqm retail centre is located between the recently opened furniture store Mahler and Glacís-Galerie shopping centre consisting of about 20.000 sqm rental space.


Press release September 2014:
Pareal placed a logistic property in the Baden Wuerttemberg
A private investor bought a logistic property with about 4.000 sqm rental space. The purchase price was in the lower million range. The vendor was a German bank.


Press release August 2014:
Pareal places department store in Solingen
The property was built in 1977 and refurbished in 2011 and is let to an Europe wide fashion chain with a long term rental lease. The vendor is a property developer, investor is an institutional investor. The purchase price was in the middle million range.


Press release August 2014:
Pareal placed residential and commercial building in the city centre of Amberg
One the most beautiful houses in the highstreet pedestrian zone of Amberg was placed by the team of Pareal. The property was built in 1900. Tenant is a well known fashion chain. The vendor is a Skandinavian investors group, the investor is a private person, who wants to renovate the property completely.


Press release June 2014:
Pareal places mixed used building in Bielefeld
The team of Pareal was able to place a mixed used building to a private investor. The property with a rental space of more than 7.000 sqm consists of four connected parts and an underground parking garage with 111 parking lots. The basement contains parking, service, storage and technical areas. On the ground floor is one retail unit and two office units, from the 1st to the 4th floor are in total 11 office units as well as 25 residential units from the 3rd to the 6th floor. The purchase price was in the middle single-digit million range.


Press release May 2014:
Pareal places food market in Wasserburg am Inn, Germany
Pareal places food market in Wasserburg am Inn, Germany Within an exclusive sales order Pareal was able to place a food discount market located in the commercial area of Tegernau, belonging to Wasserburg. The property was sold within a frame of a structured tender procedure to a private investor from Munich. The property is currently used by the food discounter chain Netto, rented space accounts for approximately 3,300 sqm; the realty is approx. 6.770 sqm in size. The two parties have agreed not to disclose the purchase price. The customer was an institutional investor based in Berlin.


Press release April 2014:
Pareal placed department store in the prime pitch of Kempten
In the highstreet city centre of Kempten the team of Pareal placed a department store to a local investor. After the vacation of SinnLeffers the property is now used by the family owned retailer Raischmann, who is now operating the biggest sports department store in the greater region. The vendor was a British funds. The purchase price was in the low double million range.


Press release March 2014:
Pareal places office- and commercial property in Leipzig for approx. EUR 17 million
An Anglo-Saxon investor has sold an office- and commercial building in downtown Leipzig. The buyer is an institutional investor. Pareal facilitated the transaction.


Press release February 2014:
Pareal places BayWa DIY-store and garden market close to Augsburg for EUR 9 million
The VIB Vermögen acquired a BayWa market in Noerdlingen close to Augsburg for EUR 9.1 million. The building has 8,850 sqm of lettable space to its disposal and has been allocated to the BayWa for more than 14 years. The store, which opened the last year, generated a rental return of 7.2 percent according to the VIB. By this acquisition, the VIB has now well over 100 premises in its portfolio. Pareal acted as a broker for the acquiring party.


Press release January 2014:
Pareal receives exclusive real estate placement order for food market in Wasserburg am Inn, Germany
The property is currently used by the food discounter NETTO and is located within the commercial area of Tegernau, belonging to Wasserburg. The rented space accounts for approximately 3,300sqm; the realty is approx. 6.770sqm in size. Immediately adjacent to the premises, a Hagebaumarkt; south of the property, the dairy Bauer has its headquarters and production facilities. Pareal is exclusively responsible for the search for investors; the property is to be sold within the frame of a structured tender procedure. The customer is an institutional investor based in Berlin.


Press release January 2014:
Pareal receives exclusive real estate sales order for retail park and logistic property
In the city centre of Donaueschingen, in the Black Forest, there are two properties up for sale. This is a specialist retail park with 10.386 sqm of rental space as well as logistic property. The lease term of the retail leases ranges between 10 and 15 years; the total volume of the two properties amounts to approx. EUR 14.5 million, whereas separate acquisition is possible. The Pareal team is entrusted with a sole placement commission in context with the sale of the real estate. The customer is a German big banking house.


Press release January 2014:
The Pareal Real Estate & Consulting GmbH & Co. KG was able to place properties with a total value of around EUR 80 million during the year 2013. First and foremost the premises in question were retail parks and commercial buildings located in pedestrian zones. But also for some minor or problem afflicted properties, the consultants and brokers of Pareal were able to find investors for. Felix Pahnke: "We also commit ourselves to real estate, which are difficult to place for our "big" colleagues." Rudolf Gerigk: "It is our strength to even find investors for premises in B- and C-list cities." Michael Hainz: "We are placement partners for high-volume but likewise for smaller properties and hereby blink outside the box."


Press release December 2013:
Pareal placed DIY-store in Cologne
At the end of the year the Pareal team placed a DIY-store in Cologne and thereby was working for the acquiring party, a private German investor. The seller was a British investor. The purchase price was in the high million range.


Press release December 2013:
Pareal receives exclusive order for placement
Pareal Real Estate & Consulting GmbH & Co. KG was awarded the contract for the placement of the vacancy space in the retail park “Im Starkfeld“ “in Neu-Ulm. The around 13,800 sqm large area was formerly used by the DIY and garden market operator OBI and is now to be brought to re-letting. Customers are two big banking houses resident in Germany. Following the letting of the vacant area, the entire retail park - which is located between the newly built furniture store Mahler and the planned shopping center "Glacis Gallery", disposing of almost 20,000 sqm total lettable area - is to be sold. Pareal is also exclusively mandated with the sales of the real estate.


Press release November 2013:
Pareal places commercial property in prime site in Erfurt
The Pareal team has placed a residential and commercial property at the Anger in Erfurt and thereby was working for the acquiring party, a private investor from the Erfurt region. The seller is a Dutch B.V. The two parties have agreed not to disclose the purchase price.


Press release October 2013:
Pareal places shopping center in Baden-Wuerttemberg for EUR 25 million
The shopping center currently being erected in the city center of Schwaebisch-Gmuend has been sold. The acquiring party, by which Pareal was mandated as consulted and broker, is a private investor from Southern Germany. The object, which has around 7,500 sqm at its disposal, will be rented by the main tenants C & A, REWE, Olymp & Hades and Gabriel, among others, in the future. The opening is planned for fall 2013.


Press release September 2013:
Pareal places food market in Upper Bavaria for EUR 7 million
A family office from Baden-Wuerttemberg has acquired a food market in an Upper Bavarian medium-sized town. The property is a food market, which is rented to a German food company on a long-term basis. Pareal facilitated the transaction.


Press release August 2013:
Pareal places retail park in Lower Bavaria for EUR 23 million
In the city center of Schwandorf, a retail park currently being under construction was sold. The main tenants of the property are REWE and Lidl, DM drugstore and Tedox. The object will presumably be opened in spring of next year. Purchaser of the property is a family office from Southern Germany, from which Pareal was mandated as broker. The seller is a Bavarian project developer.


Press release July 2013:
Pareal places living- and commercial property in Konstanz
A private investor from Konstanz acquired a residential- and commercial property in the Konstanz city center. The volume accounts to the lower one-digit million range. The seller of the property is a private investor as well. Pareal acted as the broker.


Press release June 2013:
Pareal places Edeka market for EUR 7.5 million in Friedrichshafen
The brokerage firm Pareal, specialized on retail real estate, placed an Edeka supermarket in the city center of Friedrichshafen in part-ownership. The seller was a German Asset Manager on behalf of a Dutch investor. The buyer is a private investor from Friedrichshafen.


Press release May 2013:
Pareal places C&A in Uelzen
In Uelzen, a property with C&A as principal tenant was sold. The purchase price was in the middle single-digit million range. The buyer is a private investor from Southern Germany. Salesman is a project developer from Hesse. Pareal acted as a broker for the acquiring party.


Press release April 2013:
Pareal places office villa in Halle an der Saale
A private investor acquired a representative office building in prime site in Halle an der Saale. The seller was an institutional investor. Pareal facilitated the transaction.


Press release April 2013:
Pareal strengthens itself
Since April 2013, Michael Hainz strengthens the CEO team around Rudolf Gerigk and Felix Pahnke at the Pareal GmbH. "We are pleased to have gained Mr. Hainz as an experienced and well-connected partner for our company and hope to be able to further expand our market presence and -penetration by the participation of Mr. Hainz," Felix Pahnke, the Founding Director of the company Pareal, states. Michael Hainz (38 years old) graduated in business administration and real estate management studies economist ("Immobilienoekonom") from IREBS and has 10 years of professional experience in the segment retail real estate within the areas consultation and placement with Kemper's, Jones Lang LaSalle and Estate Consult GmbH (managing partner).

Enterprise profile:
The Pareal GmbH & Co. KG was founded in 2009 by Dipl.-Bw. Rudolf Gerigk (born 1968) and Dipl.-Kfm. Felix Pahnke MRICS (born 1966) and focuses on the placement of retail used real estate in the entire Federal territory. They hereby focus is on commercial-, shopping- and department stores in the entire Federal territory, but as well on retail parks or individual big boxes and supermarkets. In the area of consulting, the Pareal GmbH & Co. KG as well offers problem solutions for special circumstances in the retail trade, as well as space conceptions, its realization and purchase price estimates. Since early 2013, the team has been strengthened by Dipl.-Kfm. Michael Hainz (born 1975) as Managing Director. The partners have a comprehensive experience background in the real estate industry. All three have experiences of many years with the retail trade specialist Kemper´s in common. Transaction-oriented positions with the METRO AG, GoldmanSachs, Luehrmann, Asschenfeldt A/S, Jones Lang LaSalle and management functions followed. This was conductive to the fact that not only extensive knowledge in the field of retail was gained, but that also an intense network of contacts, particular in B- and C- level cities, is in their command.

Contact

PAREAL REAL ESTATE & CONSULTING
Tel: +49 (0) 89 889 49 29 0
E-Mail: info@pareal.de