There are two key moments in the life of real estate assets when one can create value. The first one is, when a lease comes to expiry, and a new lease needs to be put in place. This is part of the bread and butter of each and every real estate company. The second key moment is when the assets are refurbished or redeveloped. Development will shape the assets for the next 20 to 30 years. It will command its future cash flow, its ability to be let, its sustainability within its environment, and the experience of its occupiers.
At alstria, we see each of our asset as a potential refurbishment project. We know that one day, we will need to reposition them, bring them up to a new life, while keeping their souls, and safeguarding their histories. We are not a trader, neither are we a developer. But as a long term real estate owner, we need to integrate the full value chain. This is why development has always been part of our DNA.
Our Main Development And Refurbishment Projects
- Holstenhof, Hamburg
- Schaartor, Hamburg
- Bartholomayhaus, Hamburg
- Bieberhaus, Hamburg
- Mundsburg Office Tower, Hamburg
- Alte Post, Hamburg
- Kaisergalerie, Hamburg