Development Project Retail Asset, Frankfurt am Main

The Challenge

  • Vacant retail property from distressed situation
  • City centre location in Frankfurt (B-Location)
  • Purchase opportunity without secured funding

The Mandate

  • To develop a business plan
  • To secure acquisition finance
  • To execute business plan with subsequent asset sale

The Results

  • Identified finance partner
  • Pre-let retail units
  • Management of refurbishment project
  • Exit within 18 months
  • Profit of 50%+