Capital Bay wants to multiply its operator real estate business in Europe. "Our goal is to have up to 15 brands and over 100,000 units in the next ten years," announces the company's CEO George Salden in conversation with Thomas Daily an.
He envisages around 60% for Germany - albeit with the proviso that furnished accommodation remains exempt from rent regulation. The Berlin-based company currently has nine Operator brands with 10,000 units in student, micro-apartment and senior housing complexes as well as boarding houses and care homes. A large proportion of the planned residential complexes are to be newly built. Capital Bay has high hopes for its recently announced partnership with the modular construction manufacturer Daiwa House. The planned joint "Gigafactory" will produce 50,000 residential units per year. Capital Bay received a €1 billion mandate from the Swiss Prime Anlagestiftung for its expansion plans. Capital from a large private equity fund will be added shortly," announces Salden.
(Excerpt from original article by Thomas Daily)
Supplementary perspectives from Capital Bay:
What is operator real estate and why is it so relevant?
Operated properties are characterized by the fact that they not only offer space, but also an integrated service concept. Examples include student residences, care homes and boarding houses. This type of property combines traditional property management with an active operation that includes services such as catering, cleaning or leisure activities.
Für Investoren sind Betreiberimmobilien besonders interessant, da sie stabile Erträge bieten. Anders als bei traditionellen Mietwohnungen generieren sie häufig höhere Renditen, da die Betreiber nicht nur durch Mieten, sondern auch durch zusätzliche Services Umsätze erzielen. Gleichzeitig steigt die Nachfrage, insbesondere in wachsenden Segmenten wie Seniorenwohnen oder studentischem Wohnen, kontinuierlich an. Capital Bay setzt mit seiner Strategie genau auf diese Trends und positioniert sich als führender Anbieter in diesem dynamischen Markt. Learn more
