Instone Real Estate
Instone Real Estate is one of the leading residential developers in Germany, with a pipeline of projects worth an estimated €3.0 billion and 270 employees in 8 branches.
Instone Real Estate is the result of combining formart and GRK, which Fund III had acquired in 2014 and 2015 respectively. The company’s capabilities encompass new-build projects and expertise in refurbishing landmark or heritage-protected buildings, delivering about 1,000 units a year to the market.
Fund III’s investment aims to give Instone Real Estate a national footprint, economies of scale and to more than double its secured project pipeline, notably in Germany’s metropolitan regions.
Corporate acquisitions are an unconventional way to give Fund III exposure to Germany’s highly attractive residential market. This reflects ASG’s imaginative approach to creating value for its investors through real estate-related investments.
Portfolio: Fund III
23,000 sm class A office building
6,185 sm office repositioning in Madrid
2,400 sm retail repositioning in Madrid
107,000 sm resi re-development site in Frankfurt Fund III provided short-term bridge finance to its residential development …
36,000 sm shopping center in Ludwigshafen (Rhein)
21,000 sm mixed use building in Frankfurt-Niederrad
Vacant office building in Madrid sub-market
200,000 sm land over 2 sites in Berlin A mezzanine loan for two development sites purchased by …
13,500 sm fully permitted land for apartment development in Alicante