Multifamily |
Hamburg, Germany
Modern subsidised multifamily property with a strong social profile. Built in 2011, 66% of units serve senior residents, while the rest are available to tenants with housing certificates. Located in a growing submarket northeast of the city center, the property benefits from proximity to the Tondo retail center.
Key Facts
Living
Core
Under management
High
Social impact profile
c. 7,300 sqm
lettable Area
118
residential units
c.66%
designated as senior living
3
commercial units
About the asset
- Modern subsidised multifamily totaling 118 residential units, 3 commercial units and 50 underground parking over 7,314sqm.
- Completed in 2011, 78 residential units (c. 66%) are designated as senior living and the remaining units freely available to tenants with a housing entitlement certificate.
- Good micro-location in a growing submarket, north-east to the city centre benefiting from the directly adjacent retail centre.
- Strong social characteristics by offering affordable homes. Good building condition with EPB B/C and district heating. Potential to improve efficiency by PV panels and LED lightning.
Related Case Studies
Multifamily | Valencia, Spain
Skyhomes Valencia is a high-quality landmark residential tower in Spain’s third largest city with Valencia displaying strong demographic fundmentals. Residents have access to a swimming pool, coworking space and playground.
Multifamily | Amsterdam, Netherlands
Juf Nienke consists of 61 residential units with 30 units leased in the mid-rental segment. The asset was developed with a modular, timber-frame construction and has sustainability at its core.
Multifamily Portfolio | Tokyo, Japan
The implementation of an asset management strategy focusing on pre-completion lease-up and rental uplifts following a forward commitment deal.
Affordable Housing | Oxfordshire, UK
Forming part of the wider Blenheim Estate, the Blenheim investment comprises 65 intermediate rent and 40 shared ownership homes. Each of the homes holds an EPC B rating and will be fully income-producing on completion.