Wohnen Europa - PATRIZIA Immobilien AG

Superior competence – leading
performance: PATRIZIA
Acquisition & Consulting GmbH
RESIDENTIAL PROPERTY IN EUROPE
PATRIZIA Acquisition & Consulting GmbH provides professional services
supporting the entire real estate acquisition process. We analyze, audit
and evaluate individual properties, larger real estate portfolios as well
as property companies, drawing on the extensive experience we have
gathered over almost 30 years of market success in the German and
European real estate business.

Good investments are based
on deep market insights –
and reliable forecasts.
The key to solid returns on real estate assets lies in the early identification
of market opportunities and the minimization of risks. PATRIZIA Acquisition
& Consulting GmbH is the partner of choice for portfolio investments, covering
everything from market and portfolio analysis through business plans
to actual investments. Our 30-strong residential acquisition team is one of
Europe’s largest. As a wholly owned subsidiary of PATRIZIA Immobilien AG,
we also have direct access to the full range of skills and services delivered
by the PATRIZIA Group.
Our customers and partners
institutional real estate owners such as insurance companies,
pension funds, investment funds and corporations,
public and government bodies,
leading real estate service providers and realtors,
project development companies and property developers,
asset management companies and family offices,
consulting companies and law firms specializing in real estate,
banks and savings banks.
Investment markets
Within selected markets across Europe, we specialize in share deals for
our own funds and for third parties such as joint-venture partners and
other clients. In-depth industry insights in our European target investment
countries coupled with excellent contacts with all key players give us an
unrivaled understanding of the European residential real estate market.
We carry out our own research to realistically assess risks and market
opportunities, and attach great importance to ensuring proper due dili -
gence at every stage. Concrete measures include:
in-depth location analysis and evaluation at both a macro and micro level,
analysis of all factors with a long-term impact on value such as sustainability,
energy efficiency and development potential.
Qualified and confidential
Our team of highly qualified experts seamlessly brings together a broad range
of disciplines including business administration and economics, civil engineering/architecture
and geography. The decision-making paths are short
and our entire workflow is managed in-house. Going back several years, our
database provides instant access to all relevant property offers in our target
markets.
Strategic market insights
Under the umbrella of the PATRIZIA Group, we benefit from extensive
in-house market reports such as the “Residential Property Investment
Compass” and the “Residential Market Report Europe” as well as research
ACQUISITION PROCESS
Offer recorded in database
Desktop analysis and indicative offer
LOI
Investors approval
Due diligence > economic, legal, tax, technical
Submission of final bid and acceptance
Negotiations and signing of purchase contract
Closing transfer/kick-off
newsletters dedicated to real estate issues. We advise clients and joint-
venture partners on their investment strategy and help them with location
analyses.

Opportunities in European cities:
PATRIZIA
Euro City Residential Fund I.
SELECTED REFERENCES
“TIVOLI” PROJECT,
COPENHAGEN, DENMARK
Built: 2009
Size: 159 residential units
Usable floor space: 14,372 sqm
Attractive new building comprising
159 residential units set in a prime
location in Copenhagen.
“AVATAR” PORTFOLIO,
HELSINKI-ESPOO, FINLAND
Built: 1996
Size: 48 residential units
Usable floor space: 3,024 sqm
Existing property well located in the heart
of the Helsinki metropolitan area.
All of our fund assets and our clients’ real estate portfolios benefit from our
end-to-end skills and in-depth experience. The PATRIZIA Euro City Residential
Fund I at a glance:
The fund concept
The PATRIZIA Euro City Residential Fund I was set up to create a European
residential real estate portfolio offering consistently high returns and broad
risk diversification. Building on our in-depth market research, the high
degree of diversification enabled by independent dynamics across local
real estate markets and the value-add of PATRIZIA Immobilien AG’s end-toend
competence chain, this fund offers an excellent risk/return profile.
The strategy
The investment market in European residential real estate offers significant
potential – particularly in view of the construction slump over the past
few years. A balanced portfolio mix focused on promising target regions in
“RÉSIDENCE PABLO CASALS” PROJECT,
ÎLE-DE-FRANCE, FRANCE
Built: 1930
Size: 327 residential units, 1 commercial unit
Usable floor space: 12,201 sqm
Well-kept apartment building in very good
location of Boulogne-Billancourt, near Roland
Garros.
different countries with bright prospects creates a solid foundation for
strong, long-term performance. Here we envisage portfolio sales to
institutional investors and the sale of individual properties to private and
institutional buyers, enabling multiple exit strategies.
The selection criteria
The primary weighting criteria for the entire portfolio include demographics,
purchasing power, unemployment, social structure as well as the medium
and long-term opportunities and threats in the local and regional economies.
We also factor in real estate issues such as historic and forecast rents,
supply/demand and vacancy rates.

Purchase criteria
Residential property in Europe.
COUNTRIES > LOCATIONS > REQUIREMENTS
Countries Locations Requirements
Target countries (with high priority)
Finland Southwestern Finland Cities > 50,000 inhabitants
N or way Oslo metropolitan area
Denmark Copenhagen metropolitan area, Århus Cities > 50,000 inhabitants
Sweden Southern Sweden Cities > 50,000 inhabitants
Netherlands Randstad/KAN region
France Metropolitan area in Paris, Lyon, Bordeaux,
Toulouse, Marseille etc.
Belgium Brussels, Antwerp, Ghent
Other target areas (lower priority)
Luxembourg Slovakia Czech Republic Baltic states Poland Austria Spain Ireland
REQUIREMENTS PROFILE
Individual property valued between
10 million and 40 million euros
Larger portfolios possible
Commercial share up to max. 15 %
of rental income possible
No disadvantaged neighborhoods
High occupancy rate
Project developments possible
Share and asset deals possible
No deferred maintenance issues
Up-to-date, country-specific fittings &
fixtures (heating, electricity, sanitary
facilities)
Growth regions
Please send your offers to:
ankauf_wohnen@patrizia.ag
Northeastern and Eastern Europe Team:
Adam Scheitza and Christina Decker
MINIMUM DETAILS FOR OFFERED PROPERTIES
Full address (street, house number,
town/city and ZIP code)
year of construction
Number of floors
Number of units, broken down into residential,
commercial and special units
Number of garage units, underground garage
units and ground-level parking spaces
Area figures, broken down into residential,
commercial and special areas
Northwestern Europe Team:
Andreas Stegmann and Susanne Miebeck
PATRIZIA ACqUISITION & CONSULTING GMBH
Cities > 50,000 inhabitants
RESIDENTIAL PROPERTy IN EUROPE
Number and area of vacant units
ACTUAL annual net rental income (broken
down into residential, commercial, special
areas, garage units, underground garage
units and ground-level parking spaces)
Total operating costs that cannot be passed
on to tenants (if applicable, number of
inclusive rental agreements)
Property photos (exterior views)
Western Europe Team:
Bernd Ernst and Stefan Heß

No one knows our target
countries as well as we do.
COUNTRIES WITH PROPERTIES UNDER MANAGEMENT*
* Co-investments and
commercial real estate funds
EUROPE‘S RESIDENTIAL REAL ESTATE MARKET
More than 2.7 million residential units surveyed since 2007
The acquisition department has surveyed over 2.7 million
residential units over the past few years – focusing on Europe’s
major metropolitan areas.
Main investment locations
PATRIZIA Scandinavia AB (Stockholm)
PATRIZIA Acquisition & Consulting GmbH (Augsburg)
PATRIZIA Luxembourg S.àr.l. (Luxembourg)
High-priority target countries
Low-priority target countries

Helping you make the most
of your investment.
FINANCIAL STRENGTH WITH THE ADDED
BONUS OF EXPERIENCE
As one of the largest acquisition departments
for residential real estate in Europe, we lead
the field when it comes to experience and
market insights – always coupled with the
flexibility and financial strength of the PATRIZIA
Group. A formula that sets us apart from the
competition.
LINES OF BUSINESS
LINE OF BUSINESS
Services Acquisition
Residential Europe
MANAGING DIRECTOR HEAD OF ACQUISITION
RESIDENTIAL EUROPE
Klaus Kümmerle Klaus Weber
» Identify opportunities and diversify risks –
that’s how we increase the returns on our
customers‘ real estate portfolios.«
IMPRINT
PATRIZIA Acquisition & Consulting GmbH
PATRIZIA Bürohaus
Fuggerstrasse 26, 86150 Augsburg, Germany
www.patrizia.ag
INTERNATIONAL MARKET REACH
Our presence in selected European real estate
markets provides us with constant access to a
large number of interesting offers.
LINE OF BUSINESS
Services Acquisition
Residential Germany
MANAGING DIRECTOR
Johannes Altmayr
KLAUS KüMMERLE, MANAGING DIRECTOR
Managing Director: Klaus Kümmerle, klaus.kuemmerle@patrizia.ag
T +49 821 50910-217 | F +49 821 50910-299
Head of Acquisition Residential Europe: Klaus Weber, klaus.weber@patrizia.ag
T +49 821 50910-230 | F +49 821 50910-299
Head of Acquisition Residential Scandinavia: Henrik Österberg,
henrik.oesterberg@patrizia.ag
T +46 8 50516536 | F +46 8 50516410
ALMOST 30 YEARS OF REAL ESTATE
COMPETENCE
PATRIZIA Acquisition & Consulting GmbH
can draw on the full range of real estate competence
concentrated within the PATRIZIA
Group. PATRIZIA is built on almost 30 years’
experience in buying, optimizing and selling
real estate throughout Europe.
PATRIZIA ACQUISITION & CONSULTING GMBH PATRIZIA SCANDINAVIA AB
LINE OF BUSINESS
Services Acquisition
Residential Scandinavia
HEAD OF ACQUISITION
RESIDENTIAL SCANDINAVIA
Henrik Österberg