On Focus

Logistics delivers

Stephan Riechers is an investment manager for logistics real estate. With a portfolio deal worth around 800 million euros, he has just delivered a masterpiece in his asset class. By Elke Hildebrandt (text) and Benne Ochs (photos)

The price of climate protection

Climate change is now the dominant political issue of our time. As new legislation puts pressure on the real estate industry, an increasing number of companies are recognising the commercial benefits of sustainability.

Benchmark for Liquidity

Market liquidity has previously been difficult to define and measure in real estate investments, but that has changed. Investors are benefiting from a new benchmark metric for risk management which captures liquidity risk.

Development partner

Martin Schaller manages an international hotel portfolio. Leases, renovation programmes and repositioning are his speciality. He anticipates an unusual launch in spring 2020, when 
Union Investment will rebrand one of its portfolio hotels for the first time. A day in Berlin with the 
Head of Asset Management Hospitality.

Raising the bar higher

Innovative mobility concept, premium architecture, low energy consumption: when communities sell plots of land, they now pay attention to more than just the highest price. That poses a challenge for project developers – and creates opportunities for investors.

Making sound decisions

Investors have long known how important real estate research is – as have financial market regulators. Nevertheless, obtaining and evaluating the data remains 
a difficult endeavour.