buildfifty5 were appointed as Pension Fund representative, responsible for structuring a delivery team for renegotiating tenant lease and improving capital values of 41 nº properties across Germany and Austria with a portfolio value of 450m euro. 

Our brief was to set up a delivery team, to improve the value of a property fund across Germany and Austria, and thereafter to deliver the improvements. 

The pension fund approached buildfifty5 to carry out the Project Management role of their German and Austrian property portfolio.  The properties totalled 41nº and included Retail Outlets, Industrial Units, Commercial Offices, Residential and Shopping Malls. The total value being over 500 million Euro. 

Our Role was to structure a delivery team to enhance the value of the property portfolio and to advise on Construction Procurement. We also set up a monitoring system for the construction and commercial control of the projects. 

The pension fund is currently looking to extend the portfolio and we have been asked to support the due diligence process for the new property additions.