who we are. how we think. what we do.
our vision. buildings are alive! our passion is to develop this life cycle in a best manner for both investors and tenants. buildings are much more than square metres, floors and locations. buildings have personality, expand and change. buildings are alive. we take care of this life cycle with commercial property management and consultancy. 2
our strengths. passion know-how commitment based on extensive experience due to many years along the whole value chain of real estate passion for real estate and enthusiasm for our profession, the life cycle of real estate is fascinating us. reaching set targets and succesfully executing managerial tasks, acting as our clients trustee leading real estate investments to success. 3
what we do. owner developer requirements expectations tenant keeping an eye on the whole story requirements expectations (exit-) investor requirements expectations the balance of competing interests is determinating the value 4
our network. our network. -5-
our services. Investment development and implementation of investment strategies identification and brokerage of suitable assets directing sales processes Tenancy letting of office and retail space for property owners consultancy of tenants in search of convenient locations property and demand analyses Property Management commercial property management control of technical property management detailed reports to investors Asset Management overall responsibility of property, budget planning and cash flow management co-ordination with, control and supervision of service providers risk management Valuation 6
our competence centre. detailed, up-to-date knowledge along the value chain of real estate real estate consultancy 360 o - property management legal advice investment management of sales and acquisition processes tenancy asset management property management valuation location consultancy SWOT analysis support through all stages of the development lifecycle of a property working out marketing strategies commercial project management centre management property management tenant liaison and support co-ordination with, control and supervision of service providers Legal due diligence on property acquisition Sales and leasing contracts Consultancy of real estate funds Law of tenancy and ownership real estate law directors Andreas Obermaier Herbert Rainer directors Andreas Obermaier Herbert Rainer Günter Kloibhofer directors Herbert Rainer Michael Mayrhofer www.gvareal-consult.at www.sapio-management.at www.real-law.at 7
case study. Tenancy, Centre Management MQM Media Quarter Marx Asset class office with TV studios Asset class Site 1030 Vienna, Austria Size approx. 35,000 m² GVA s service tenancy property management centre management Description The perfect quarter for creative and media-related people, a place to network and profit from one another. Renowned and international companies are in the MQM : Wiener Zeitung, Echo- Verlag, ProSieben Sat1Puls4 group, Bridgestone. Convenient access to public transport, with its area of 35,000 sq m, the Media Quarter Marx is the biggest media spot in Austria. Specification Preparation of leasing- and marketing material (Fact Sheets, Leasing proposals, brochures,...) Assistance of conceptual design of the leasing areas Leasing office space and participation in tenancy contract negotiations wide range of property management services like accounting, reporting, tenant liaison, control and supervision of service providers, centre management of the media business park preparation of homepage, information booklet, organisation of events, etc. 8-8-
case study. Investment Consultancy MQM Media Quarter Marx Asset class office with TV studios Site 1030 Vienna, Austria Size approx. 35,000 m² GVA s service investment advisory Description The perfect quarter for creative and media-related people, a place to network and profit from one another. Renowned and international companies are in the MQM : Wiener Zeitung, Echo- Verlag, ProSieben Sat1Puls4 group, Bridgestone. Convenient access to public transport, with its area of 35,000 sq m, the Media Quarter Marx is the biggest media spot in Austria. Specification Consultancy Approach to Negotiation Due Diligence Marketing & Sale on sale and acquisition of real estate on fair market prices of identifying potential investors discreet presentation of property to a selected number of prospective clients support at all stages of the investment process drawing-up of marketing concepts sales process management set-up of data room 9-9-
case study. Property Management Retail-Portfolio in Austria Asset class retail park s Site Vöcklabruck (A), Mondsee (B), Zell am See (C), Austria Size each between 3,500 m² und 4,500 m² GVA s service Property Management and part of Asset Management Description Invesco acquired for an institutional fund a portfolio of retail parks in Austria. GVA advised Invesco in all commercial matters during acquisition process and is providing the property management and part of the asset management. The portfolio consists of 3 retail parks and is about 11,500 sqm retail space. The remaining duration of the lease contrats is about 3 years (average) Specification wide range of property management services like accounting, tenant liaison co-ordination with, control and supervision of service providers comprehensive reporting and budgeting with analysis of variance letting 10-10-
case study. Tenancy SC Neustadt Nord Asset class Site shopping mall / strip centre Wiener Neustadt, Austria Size approx. 26,000 m² GVA s service Description tenancy The former OBI-Centre north of Wiener Neustadt came under new ownership in spring 2008. The existing shopping mall with OBI, Toys"R"Us, Adler and some small occupiers at the time has been revamped and extended to include another row of shops Specification scheduling of tenant mix and layout of areas advice on rental rates and graduation development of a marketing plan finding tenants and co-operation in tenancy contract negotiations, etc. 11-11-
case study. Property Management BC 20 Businesscenter Dresdner Straße Asset class office and retail Site 1200 Vienna, Austria Size approx. 22,000 m² GVA s service Investment Property Management Description The property was bought in 2007 by a closed-end real estate fund domiciled in Germany. Occupiers are among others BIPA, BILLA, Ditech and the Department for Environmental Protection of Vienna. specification tenant liaison and support reminders / collection accounting (handling of payments and invoices, bookkeeping) allocation of operative costs property prognosis and control (analysis performance / budget) administration of contracts insurance 12-12-
case study. Property Management OCG 1 Office Campus Gasometer, 1 st stage Asset class office Site 1110 Vienna, Austria Size approx. 24,000 m² GVA s service Property Management Description The building was completed in 2006 and bought by a closed-end real estate fund domiciled in Germany. Key tenant of the building is Statistik Austria. Specification tenant liaison and support reminders / collection accounting (handling of payments and invoices, bookkeeping) allocation of operative costs property prognosis and control (analysis performance / budget) administration of contracts insurance 13-13-
management. Dipl.-Kfm. Andreas Obermaier Over 20 years of experience in European real estate Founder and active partner of red capital management since 2007 and partner of GVA Real-Consult Immobilientreuhand GmbH since 2008 1992 to 2007: comprehensive experience in structuring tax-oriented investment models and closed-end real estate funds for private and institutional investors at KGAL GmbH & Co. KG, a leading leasing and fund issuing company more than ten years thereof as senior project leader Practical apprenticeship in the building field and academic degree in Business Management at the University in Munich Projects / References German properties: several tax-oriented investment models for German institutional and private investors, total volume above EUR 1.2bn New British Embassy in Berlin: Structuring a public private partnership model with the British Government, a general contractor and a facility manager, total volume approx. EUR 35m Office building Aviva Munich: Investment scheme for three German life insurance companies, total volume approx. EUR 190m Several office buildings in Vienna: (e.g. TownTown): Issuing four closed-end property funds for private German investors with a total volume above EUR 250m Austria portfolio (offices in Vienna, retail in Austria): Creating an investment portfolio fund for German life insurance companies and pension funds, total volume approx. EUR 400m 14-14-
management. Dr. Herbert Rainer Lawyer in the field of real estate for more than 20 years Advising institutional and private investors on all legal and real estate related issues Active partner of Mayrhofer & Rainer Rechtsanwälte OG, GVA Real-Consult Immobilientreuhand GmbH and red capital management GmbH Numerous publications on real estate law ( immolex, Handbuch des Miet- und Wohnrechts, etc.) Lecturer at the University for Applied Sciences in Vienna, faculty Real Estate Economics Legal support of big-ticket real estate transactions (asset and share deals) with an estimated total volume of approx. EUR 900m, e. g. Vienna Allianz Headquarters Rail Cargo Austria Headquarters Business Centre 20 TownTown Euro Plaza retail park Ennspark Office Campus Gasometer retail park Völkermarkt Office Center, Vienna retail park Feldbach Pier 50 retail park Leobendorf PWC Austria Headquarters retail park Bruck/Leitha 15-15-
contact. GVA Real-Consult Immobilientreuhand GmbH Theobaldgasse 19, A-1060 Wien T: +43 (1) 907 6969-10 F: +43 (1) 907 6969-25 www.gvareal-consult.at Herbert Rainer: Andreas Obermaier: herbert.rainer@gvareal-consult.at andreas.obermaier@gvareal-consult.at GVA Real Consult Immobilientreuhand GmbH International Property Advisers Handelsgericht Wien FN 95842w DVR 597 155 ATU 46454108 16