Ascott Residence Trust ドイツ、ハンブルグの物件を取得

シンガポールの物件をスポンサーに売却して、投資資金があるAscott　Residence　Trustがドイツ・ハンブルグの物件を取得しました。買収金額は３７．５百万ユーロです。

期待利回りは７％とのことです。物件名はマディソン・ハンブルグ。

ユーロが安いうちに、ドイツの物件を購入するのはいいかもしれませんね。

こちらもポチッとお願いします。

にほんブログ村

Ascott Reit to Acquire Yield Accretive Asset in Thriving German City of Hamburg for €37.5 Million

Presentation slides: Acquisition of Madison Hamburg, Germany

Singapore, 28 September 2012 – Ascott Residence Trust (Ascott Reit) has entered into a sale and purchase agreement to acquire a prime property in the thriving German city of Hamburg for €37.5 million (or approximately S$59.4 million). The 166-unit Madison Hamburg is Ascott Reit’s first acquisition in Hamburg.

Mr Lim Jit Poh, Ascott Residence Trust Management Limited’s (ARTML) Chairman, said: “This is an attractive opportunity which is in line with Ascott Reit’s strategy to expand in Asia, London, Paris and key cities in Germany. Germany is Europe’s largest and strongest economy and Hamburg is the second largest city and tourism market in the country. Home to the third busiest port in Europe, the city is a thriving commercial and transport hub where many multinational companies like Airbus Deutschland, Philips and Shell are based. Ascott Reit’s entry into Hamburg will further enhance its diversification across property and economic cycles.”

Mr Ronald Tay, ARTML’s Chief Executive Officer, said: “Madison Hamburg is a prime asset with a strategic location. The acquisition is yield accretive to Ascott Reit as Madison Hamburg is expected to deliver a stable EBITDA yield of 7.0% compared to its funding cost. We will be acquiring Madison Hamburg with an existing master lease, comprising a fixed and variable rent. The fixed component alone amounts to 80% of the total annual rent and will further contribute to Ascott Reit’s income stability. Madison Hamburg will continue to be managed by a veteran local operator, Ms Marlies Head, who has been managing the property since it opened in 1993.”

Ascott Reit currently owns two serviced residences in Germany – Citadines Kurfürstendamm Berlin and Citadines Arnulfpark Munich. Ascott Reit’s assets in Germany will make up 10% of its total European portfolio value of S$1.2 billion, upon completion of the acquisition of Madison Hamburg.


About Madison Hamburg

Madison Hamburg is strategically located at the junction of three key areas in Hamburg – the city centre with many well-known retail streets; Hafen City, an up-and-coming commercial, retail and entertainment district; and Reeperbahn, Hamburg’s most popular tourist area. The property is surrounded by the offices of many multinational companies such as KPMG, Ernst & Young, Deloitte and Unilever, while metro stations, museums and shopping arcades are within walking distance.

Popular and reputable among domestic and foreign travellers, the seven-storey Madison Hamburg has a net lettable area of 19,285 sqm and offers a range of studios, loft units, suites and penthouses. Facilities at the property include meeting rooms, a business centre, restaurant and bar, gymnasium, spa, swimming pool and car park.