References
Acquisition support and advice on investment, due diligence and asset management for structured investors, family foundations and private individuals for apartment buildings and commercial portfolios in the greater Vienna area (ongoing)
Acting as a local bridgehead: conducting commercial due diligence, coordinating technical, legal and tax due diligence, drawing up business plans, structuring reporting and target/actual analyses.
Ongoing asset management, construction management, planning and budgeting, control of liquidity flows and optimization of letting management, coordination of the brokers involved, reassignment of property management, support in financing issues, preparation and implementation of recommendations for action.
Consulting on organizational development, integration into group structures and operational support in the going live phase for a German investment platform after takeover by an international investor (duration approx. 4 months)
Interim Head of Finance and Controlling at an Austrian project development company (duration approx. 6 months)
Assessment and revision of the existing business plan, reporting and target/actual analyses, ongoing planning and budgeting, ongoing further development and implementation of reporting and target/actual analyses, control of liquidity flows and optimization of cost management, coordination of auditors and tax consultants, support in financing issues, preparation and implementation of recommendations for action.
Revising rental planning, coordinating the brokers involved, advising the operating units on real estate-specific asset management and property management issues.
Contract negotiation and management of the takeover of management upon completion of a major project for commercial, technical and infrastructural property management by a renowned management service provider.
Advice on the strategic development of an Austrian real estate company
Preparation of a concept paper for the strategic further development of the company, taking into account the financial, tax and legal framework conditions and requirements. Development and presentation of various strategic options and their effects. Survey of the status quo and identification of key areas for action through to a detailed catalog of measures.
Development and interim management of the portfolio and real estate investment management department at an Austrian real estate company (duration approx. 9 months)
Analysis and clustering of the real estate portfolio, creating transparency with regard to the scope of the target portfolio to be spun off, summarizing information and creating transparency about properties and buildings, categorizing properties according to type of use, rental and usage relationships and identifying development potential, developing the portfolio strategy with a catalog of measures derived from this for upcoming acquisitions and sales. Preparation of decisions for measures by the approving bodies, advising the operating units on real estate-specific asset management issues
Advising on the spin-off of a real estate sub-portfolio at an Austrian real estate group (duration approx. 5 months)
Analysis and clustering of the real estate portfolio to identify the sub-portfolio, creation of transparency with regard to the scope of the target portfolio to be spun off, preparation of business plans with alternative scenarios with regard to different strategies, management of the departments involved as well as the external service providers, in particular from a legal, tax and value-forming perspective, preparation of the documents for the decision-making process for the approving bodies.
Restructuring of an industrial building in Berlin
Creation of new rental space through partial conversion of the roof, removal of a large insolvent tenant, re-letting of the vacant space to two major tenants (public institution and industrial group), optimization through relocation of further small tenants, budgeting and cost estimation of the tenant conversion and the repair work by the commissioned project manager and specialist engineers. Awarding and monitoring the execution of the work, taking into account the tenant’s interests as well as the protection of historical monuments
Reduction of the vacancy rate from 43% to less than 3.0%, increase in the value of the property by 27.5% with a 57% increase in rental income.
Acquisition and takeover of a shopping center by means of a “loan to own” debt waiver
Acquisition of participation in loan claim via partner bank (Sub Participation / LMA), analysis of the debt situation, the property and its development potential, conducting negotiations with the main players of the debtor company, due diligence, selection and support of the commissioned lawyers and other experts, conclusion of the contract, takeover of the property for the buyer, installation of a new property management and a new center management
Leveraging development potential by converting and extending larger parts of the building as well as optimizing space by relocating tenants, achieving full occupancy and the associated increase in rental income and sales value, preparing the structured sales process