Corporate overview
Firmly anchored within the world’s largest financial alliance, the Sparkassen-Finanzgruppe, Deka Immobilien is the specialist for real estate investments within the Deka Group. Both retail and institutional investors enjoy access to a wide range of real estate- based investment products and services as well as debt funds, with local, regional and global focuses.
With total real estate assets under management of over €60bn as of June 2022, Deka Immobilien is one of the largest real estate asset managers in Europe.
Established in 1966, the business has grown steadily, expanding the universe and scope of its real estate investments. To quantify, between 2017 and 2021 Deka Immobilien transacted property with a value of approximately €24bn, comprising principally of acquisitions totalling €19.7bn. As such Deka ranks globally among the most active real estate investors with approximately 580 properties managed directly in Europe, America, and the Asia-Pacific region. Regionally specialised investment and asset management teams for the different property types and tasks
give us in-depth knowledge of the different real estate markets. Professional property and portfolio management, a global presence and innovative investment products are, and will remain, the key advantages around which Deka Immobilien focuses its business activities.
Investment principles & strategy
As real estate experts, we are dedicated to creating and developing sustain- able assets and investment opportunities. Financial strength, quality and reliability are the foundation for our sustainable, stable growth.
- Solid macro & micro research
Leading in-house research and in-depth market knowledge combined with demanding return and quality criteria underpin our systematic and clearly defined investment process, offering our transactional partners security and our investors peace of mind.
- Active portfolio management
Creating value means a dedication to values. By focusing on providing professional tenant care, efficient building management and enhancing property quality, we are able to carefully implement asset management programmes that add value through improving occupancy rates and rental levels.
- A leading sustainable real estate provider
Sustainability has been firmly integrated at Deka Immobilien for years and is reflected in our daily actions. Embedded in the Deka Group’s sustainability strategy, Deka Immobilien has developed its own sustainability strategy based on the principle ‘Sustainable together. With good reason’. For example, we have been pursuing a certification strategy for our existing buildings since 2010. Today, our high-quality portfolio boasts approximately 330 certified sustainable properties, including, for example, The Edge in Amsterdam, Generation Park Z in Warsaw, Tower 185 in Frankfurt or Parkview in Prague. We have today one of the highest certification rates (in relation to market value) in the market. However, we are not resting on our laurels, but are consistently pursuing our strategy.
- State-of-the-art risk management
Professional property and portfolio management along with proactive risk management forms an integral part of our corporate culture and our business processes.
- Tailor-made solutions
Deka Immobilien offers advice in tailoring individual investment strategies, implementing all investment decisions professionally and, where desired, take on the entire organisational and financial management process.
Strategic corporate development
Our products range from open-ended retail and special funds to tailor-made, risk-adjusted solutions, from asset class-focused funds such as hotel, retail and logistics, to club deal solutions, individual mandates or administrative service mandates. We work closely with our clients and partners to develop long-term strategic relationships, to understand their goals and meet their requirements in order to ensure we provide each investor with a tailored solution.
Approximately 1.5m private investors are invested in our five open-ended real estate funds, which primarily target the commercial real estate markets with different regional focus, whether Global, European or North American. As an innovative concept, Deka-Immobilien North America is denominated in US dollars and is the only German mutual fund focusing on North America to round off the product range.
Alongside our classic open-ended real estate funds with broadly diversified portfolios, we have provided customised real estate solutions for institutional investors since 1976. We provide our services to more than 500 institutional investors in tailor-made products together with excellent market access and outstanding risk management.
Deka Immobilien intends to continue the growth of both our retail and institutional businesses with the expansion of existing products and the launch of new funds.
DekaBank also has a real estate financing unit that is combined with
Deka Group’s other lending business units. We work closely with our real estate fund and financing partners by, for example, sharing locations in major markets, while maintaining the highest standards of confidentiality. Commercial property financing activities are geared to the markets, business partners and property types which are also relevant to investment fund business. Broad-based access to the market and investors means that property financing consolidates the expertise and business basis of the Real Estate division, while a combined presence in investment fund and lending business offers Deka a significant advantage over most of its competitors.
Accordingly, our aim is to consolidate our position as a major international real estate asset manager by adopting a quality and stability-oriented approach. We also strive to be a highly sought-after financing partner for leading international property investors.
Performance verification
Deka calculates the funds’ performance in accordance with the standards of the German Investment Funds Association BVI (see https://www.bvi.de/en/services/statistics/performance-statistics/).
COMPLIANCE STATEMENT
The Deka-Group’s real estate expertise is pooled under the Deka Immobilien brand.
The two investment management companies – Deka Immobilien Investment GmbH and the WestInvest Gesellschaft für Investmentfonds mbH – regard proper corporate governance and value systems as basic principles for good management practices. This also includes an effective internal control system and a high degree of transparency. Deka Immobilien actively participates with both capital investment companies with regard to the preparation and further development of basic principles and regulations for open-ended real estate funds as well as real estate assets per se. Functional management and monitoring structures, protection of various groups‘ interests (stakeholders), targeted collaboration of company management and supervision, transparency in the organisation as well as in internal and external company communication and appropriate handling of risks are hallmarks of proper corporate governance.
