REALize Potential – Case Studies
The most compelling way to generate business is to share stories of successful projects.”
Bad Vilbel
Reduction in the vacancy rate from 69% to 23% within a year
Transformation of the property from single-tenant to multi-tenant use
Establishment of a tenant-based asset and property management approach
Optimisation of the land use plan
Implementation of marketing initiatives
Progress since acquisition – Bad Vilbel
| as at the acquisition date 01/05/2019 | as at the reporting date 30/09/2021* | Change | |
|---|---|---|---|
| Market value in EUR million | 31.0 | 47.3 | +53 % |
| Vacancy rate in % | 69.0 | 15.4 | -53.6 pp |
| Gross rental income in EUR million (annualised) | 1.1 | 3.0 | +173 % |
| Average remaining lease term in years | 4.6 | 5.9 | +1.3 |
*Pro forma new lettings
