Primevest Capital Partners to expand fiber optic network in Königswinter to 4,000 households

 
 
Primevest has signed an agreement with operator Disquom to extend the fibre optic network across Königswinter, Germany. Primevest is financing and building the infrastructure which will provide some 4,000 households with the option to access high-speed internet via a contract with Disquom.

Disquom will market and provide ultra-high-speed internet services over the new network. The civil engineering work for the main route from Sassenberg via Eudenbach to Berghausen began in October and will complete in July 2022.

Klaus Leckelt, Senior Acquisition Manager at Primevest CP , said: “Primevest is investing to enable the delivery of a future-proof and modern fibre optic network more widely across Köningswinter. Together with our partners Disquom and GFS, we will expand coverage to the Sassenberg, Eudenbach, Wilmeroth and Berghausen districts, closing the current gaps in broadband availability. Our investment combined with a short construction timeframe mean that these areas will shortly benefit from a modernised network. Next year we will further expand to adjacent parts of the city.”

The extension of the fiber optic network has the full support of the municipality, Lutz Wagner, Mayor of Königswinter, added: “The corona pandemic has shown how important fast internet is, for video conferences, receiving and sending extensive documentation and for using cloud storage options. Those who only have an Internet speed of up to 30 megabits per second at home will quickly run into restrictions when using their computer. The same applies to business locations which is why the municipality is keen to see the network expanded.”

The city of Königswinter will work closely with Disquom and GFS during the implementation of the construction project to ensure that it runs as smoothly as possible.

More information on how to obtain a contract with Discquom: www.glasfaser-Königswinter.de

About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specialises in investments in innovative real assets. At Primevest Capital Partners, our vision is to help our clients to provide for their sustainable financial future through investing in the future of our cities by delivering sustainable urban living, improving connectivity, and enabling mobility. Our investment philosophy and vision are energised by the current trend of urbanisation and the ability to fulfil the modern needs of metropolitan communities, while enhancing the quality and sustainability of people’s lives.

From our offices in Utrecht, Eindhoven and Berlin, a team of 70 professionals manage €2.8 billion of assets including six sector-focused funds, three individual institutional mandates and a portfolio of approximately €0.9 billion in investments targeting private and institutional investors as well as family offices following the acquisition of Holland Immo Group. Primevest Capital Partners is part of the Primevest Capital Partners Holding B.V.

For more information, please contact:

Primevest Capital Partners
Lisette van der Ham
Head of Marketing & Corporate Communications
T: +31 6 832 005 61
lisette.vanderham@primevestcp.com
www.primevestcp.com


Stadt Königswinter

Albert Koch
Leiter Tief- und Gartenbau
Tel.: +49 (0) 2244 889-119
albert.koch@koenigswinter.de

German Fiber Solution

Stephan Neumann
Tel. +49 4172. 431 70 35
neumann@germanfibersolution.de
germanfibersolution.de

Disquom 

Sven Habeck
Tel.:  +49 22448799490
info@disquom.de
www.disquom.de

 

Primevest Capital Partners invests €6 million to extend Hüllhorst, Germany’s fiber optic network to the rest of the municipality

 
 
Pan-European Investment manager Primevest Capital Partners (Primevest CP) and partners GFS, gustav and Westenergie / Westnetz are investing €6 million to extend the existing fibre optic network across the rest of the German town of Hüllhorst in North Rhine-Westphalia not currently covered. Construction started in early November and will take approximately 10 months.

The extension is being made possible by sharing pre-existing underground pipelines which have already been installed across the municipality in an earlier agreement between Westnetz and gustav / Westenergie. This connects the districts of Oberbauschaft, Struckhof, Ahlsen and parts of Tengern and Büttendorf, to modern fibre optic infrastructure.

Klaus Leckelt, Senior Acquisition Manager at Primevest Capital Partners, said “Primevest‘s investment will modernise the remaining old telecommunications network to close the gaps in Hüllhorst’s infrastructure and provide access to a new high-speed network. As a result of our investment, and following a short construction period, the private homes and wider community not now served will have the same benefits of a modern telecommunications and data infrastructure that their neighbours already enjoy.”

The partnership will create a sustainable supply network ready for all future bandwidth requirements and applications, including home schooling and working, entertainment downloads and cloud applications. Pre-marketing has resulted in more than 40% of homeowners signing up to secure a free connection to the new network. The arrival of a Hüllhorst–wide fibre optic network will also enable the municipality to realise many new opportunities in creating a digital community for the entire village.

Receive contract documents via www.glasfaser-huellhorst.de

About Primevest Capital Partners

Primevest Capital Partners is a pan-European investment boutique that specialises in investments in innovative real assets. At Primevest Capital Partners, our vision is to help our clients to provide for their sustainable financial future through investing in the future of our cities by delivering sustainable urban living, improving connectivity, and enabling mobility. Our investment philosophy and vision are energised by the current trend of urbanisation and the ability to fulfil the modern needs of metropolitan communities, while enhancing the quality and sustainability of people’s lives.

From our offices in Utrecht, Eindhoven and  Berlin, a team of 70 professionals manage €2.8 billion of assets including six sector-focused funds, three individual institutional mandates and a portfolio of approximately €0.9 billion in investments targeting private and institutional investors as well as family offices following the acquisition of Holland Immo Group. Primevest Capital Partners is part of the Primevest Capital Partners Holding B.V.

For more information, please contact:

Primevest Capital Partners

Lisette van der Ham
Head of Marketing & Corporate Communications
T: +31 6 832 005 61
lisette.vanderham@primevestcp.com
www.primevestcp.com


Municipality Hüllhorst

Michael Kasche
Bürgermeister
Tel.: +49(0)5744 – 9315100
michael.kasche@huellhorst.de
www.huellhorst.de


Gustav internet

Dennis Kornehl
Tel.: +49(0) 511 9999 8035
presse@gustavinternet.de
www.gustavinternet.de

 

Hamburg Commercial Bank finances fiber optic expansion in Baden-Württemberg for Primevest Capital Partners

 
 
Hamburg Commercial Bank (HCOB) provides a long-term financing of EUR 27.5 million to the Communication Infrastructure fund of Primevest Capital Partners (Primevest CP) for the expansion of fiber-optic infrastructure in the Rhine-Neckar region and thus underlines its leading position in the structuring of financing in the digital infrastructure.

• Fiber-optic network expansion in Rhine-Neckar region: connection of 35,000 private households
• Funding under KfW’s “Digital Infrastructure” program

Hamburg Commercial Bank (HCOB) provides a long-term financing of EUR 27.5 million to the Communication Infrastructure fund of Primevest Capital Partners (Primevest CP) for the expansion of fiber-optic infrastructure in the Rhine-Neckar region and thus underlines its leading position in the structuring of financing in the digital infrastructure. The investment loan is supported under the German government’s KfW “Digital Infrastructure” program and has a term of ten years.

Primevest CP is a pan-European investment boutique that specializes, among other things, in communications infrastructure. Primevest has already invested in several fiber networks on behalf of its first fund and launch of the Primevest Communication Infrastructure Fund II is in process. In Germany, Primevest CP focuses mainly on underserved areas. This is also the case in the Rhine-Neckar region: After completion of the project, around 35,000 households in Bretten and Sinsheim will be supplied with fiber optics of up to one gigabit and will be able to benefit from a modern as well as sustainable infrastructure.

KfW and the German Federal Ministry of Transport and Digital Infrastructure are supporting the construction and expansion of fiber-to-the-Home network connections with the newly launched “Digital Infrastructure” program. For this project, Hamburg Commercial Bank, as Primevest Capital Partner’s principal bank, provided the low-interest financing from the promotional bank. It will be used to extend an open access-capable fiber-optic network and lease it to interested Internet Service Providers.

“The use of the Internet for home office and home schooling, including video conferencing, cloud computing, TV, streaming and more, has increased significantly during the pandemic. To enable the volumes needed for this at ‘high-speed’, a modern fiber network across Europe is essential,” said Inka Klinger, Head of Project Finance at Hamburg Commercial Bank. “Primevest CP is a highly experienced investor in the digital infrastructure sector and we are pleased to have them as a new customer. The expansion of digital infrastructure is a core business area of HCOB and also from a sustainability perspective this transaction fits perfectly into our portfolio.”

Bas van Dongen, Partner Communications Infrastructure at Primevest Capital Partners said, “Hamburg Commercial Bank convinced us with its deep industry expertise in this project. In particular, the experience of the infrastructure finance specialists in structuring with the use of KfW funding, was a real added value. We look forward to further joint projects, which are already in the planning stage.”

About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specialises in investments in innovative real assets. At Primevest Capital Partners, our vision is to help our clients to provide for their sustainable financial future through investing in the future of our cities by delivering sustainable urban living, improving connectivity, and enabling mobility. Our investment philosophy and vision are energised by the current trend of urbanisation and the ability to fulfil the modern needs of metropolitan communities, while enhancing the quality and sustainability of people’s lives.

From our offices in Utrecht, Eindhoven and  Berlin, a team of 70 professionals manage €2.8 billion of assets including six sector-focused funds, three individual institutional mandates and a portfolio of approximately €0.9 billion in investments targeting private and institutional investors as well as family offices following the acquisition of Holland Immo Group. Primevest Capital Partners is part of the Primevest Capital Partners Holding B.V.

For more information, please contact:

Primevest Capital Partners
Lisette van der Ham
Head of Marketing & Corporate Communications
T: +31 6 832 005 61
lisette.vanderham@primevestcp.com
www.primevestcp.com

 

Primevest transforms the lamp post into smart charging point to facilitate explosive growth of electric cars

 
 
The world’s oldest street technology, the lamp post, is being transformed by Primevest Capital Partners and its partners Dutch Charge, Nedal and CityTec into a multifunctional, digital charging point to address the huge shortage of charging points for electric cars across Europe.

The Dutch municipality of Renkum near Arnhem recently became the first ‘smart’ district in Europe after installing this sustainable and adaptable form of street lighting. Other municipalities and cities elsewhere in the Netherlands and beyond are expected to follow suit due to the huge and growing shortage of electric charging points.

At least one million electric vehicles are being sold across Europe on an annual basis and this number is expected to reach over 30 million in the next 10 years, according to data from the International Energy Agency (IEA).

Peter Helfrich, Managing Partner at Primevest Capital Partners, said: “The potential of this market is enormous, particularly in our home markets the Netherlands and Germany, but also in the UK, France and Scandinavia. In the Netherlands alone, we are seeing exponential growth in demand for charging stations for electric vehicles and over 1.7 million charge points will be needed by 2030. Only 45 charge points are being installed a day at present which needs to multiply more than tenfold to 600 daily to meet the current demand. Our partners Dutch Charge, CityTec and Nedal have joined us in responding to these developments and are supplying comprehensive Citycharge lamp posts where modules for electric charging and, in the future, also Internet of Things, camera surveillance and 5G can be integrated.”

Joa Maouche, the alderman for climate and sustainability at the municipality of Renkum, added: “The municipality of Renkum has replaced almost all of its 6,300 lamp posts with the smart, sustainable versions supplied by Primevest CP and its partners. These lamp posts are now being equipped with new functions, such as camera surveillance, and later this autumn the first Citycharge charging stations certified by the Dutch E-Charging Foundation will be added. By adding these new features, we are creating a new form of street lighting that is truly ‘smart’. We are pleased that our municipality has contributed to this development that can help more municipalities to achieve their sustainability targets and combat the growing clutter in our public spaces due to the addition of new types of amenities.”

The number of electric cars in use globally is expected to explode over the next 10 years from 11 million in 2020 to 145 million in 2030, according to IEA estimates. In Europe, Norway (18.1%), Iceland (5.5%) and Sweden (3.7%) lead the way in terms of the market share of electric cars versus total stock. The UK aims to increase the number from 450,000 in 2020 to eight million by 2030. Germany is currently the largest market in Europe for electric cars: by 2020, 14% of all new cars sold were electric and the total number now stands at over 700,000.

Charging points for electric cars are just one of the new types of street furniture being added to public spaces. In the Netherlands, mobile telecom providers need to have access to 5G masts under requirements set by the Dutch economic affairs ministry for participation in the auction for national 5G frequencies. Dutch municipalities are also required to reduce their energy consumption by 55% by 2030 (EU fit for 55) and their CO2 emissions by a similar percentage to comply with the Dutch climate accord. Smart multifunctional lamp posts fitted with LED lighting can make a major contribution to achieving this goal.

Heimen Visser, Fund Manager Communication Infrastructure & Smart Cities at Primevest CP, concluded: “The municipality of Renkum is a pioneer in the Netherlands and perhaps the world with the installation of this smart infrastructure. We expect that other municipalities in the Netherlands, but also elsewhere in Europe, will soon follow Renkum’s example and roll out our multifunctional lamp posts. Our Smart City Netherlands model, which we have developed in collaboration with the Dutch municipalities bank BNG Bank, can easily be scaled up. And thanks to its multifunctional character, our smart masts are also much more sustainable and cheaper to purchase and maintain than the traditional lamp post.”

About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specialises in innovative real estate and property investments. At Primevest Capital Partners, our vision is to future-proof our cities by delivering better urban living, connectivity and mobility as we invest across Europe in contemporary, affordable homes, communication infrastructure and car parks. Our investment philosophy and vision are energised by the current trend of urbanisation and the ability to fulfil the modern needs of metropolitan communities, while enhancing the quality and sustainability of people’s lives. From our offices in Utrecht and Berlin, a team of 40 professionals manage €1.9 billion of assets across six sector-focused funds and two individual institutional mandates.

For more information, please contact:
Primevest Capital Partners
Lisette van der Ham
Head of Marketing & Corporate Communications
T: +31 6 832 005 61
lisette.vanderham@primevestcp.com
www.primevestcp.com

 

Primevest Capital Partners and Vodafone to roll out €20 million fiber optic network for 6,000 households

 
 
The communications group Vodafone Deutschland and the investment company Primevest Capital Partners announce today that they will jointly equip the city of Hadamar in the Hessian district of Limburg-Weilburg with a state-of-the-art fiber optic network this year.

Dutch-German investment manager Primevest Capital Partners and communications group Vodafone Germany are to roll-out a state-of-the-art fiber optic network in the city of Hadamar in the Hessian district of Limburg-Weilburg. Primevest will finance and build the infrastructure for around €20 million and lease it back to operator Vodafone, which will market and provide ultra-high-speed internet services over the new network.

Bas van Dongen, Communication Infrastructure Partner at Primevest Capital Partners, said: “Germany is one of the world’s leading economies but lags behind other markets in the provision of superfast broadband connectivity, which acts as a drag on productivity, both privately and in business. Primevest’s existing relationship with Vodafone has been expanded by this new agreement, which is our first fiber-to-the-home project with them that also includes private households. We see this as the first of many such projects in partnership with Vodafone, where we are both able to make a real contribution to the modernisation of Germany’s communication infrastructure that has huge untapped potential.”

The installation of the network will start later this year, providing access for some 6,000 households and companies to gigabit-fast internet connections over the next two years. The network will replace existing DSL systems which are unable to support the capacity demands of modern internet use, such as audio and video streaming in working from home and home schooling.

Jürgen Raith, Director of Fiber Optic Marketing and Rollout at Vodafone Germany, said: “Our agreement with Primevest will help move the city of Hadamar from the digital hard shoulder to the gigabit-fast lane. The Covid-19 pandemic clearly shows how important high-performance internet connections are. I am confident that many residents and businesses will recognise this and embrace fiber optic connections since they will improve people’s quality of life and enhance the competitiveness of companies.”

The central districts of Hadamar, Niederhadamar and Faulbach as well as the neighbouring towns of Niederzeuzheim, Oberzeuzheim, Steinbach, Oberweyer and Niederweyer, will be connected to the high-performance network. Hadamar’s north industrial area and the Auf den Sechsmorgen industrial areas in Oberweyer, Am Steinkreuz in Niederhadamar and the industrial area in Niederzeuzheim, will also be included in the network expansion. Vodafone will start pre-marketing in mid-March 2021.

Primevest’s Bas van Dongen, concluded: ”This is Primevest’s 15th investment in communication infrastructure projects since launching our first fund in 2017 and we are now collaborating with eight network operator partners on fiber projects in Germany and the Netherlands. We have already financed some €100 million of projects and together with those under construction our total investment is now over €150 million. Our fund provides investors expert access to this fast-growing alternative asset class. We were one of the first investment managers to recognise the potential that communication networks offer to deliver low-risk and stable income streams, while also enabling better services for the end customer. With our inhouse capabilities and operator network we are well-placed to support investors as they look to diversify their portfolios.”

With the expansion of the fibre optic network in the city of Hadamar, we are opening a new chapter in the cooperation with Vodafone.

Bas van Dongen, Primevest Capital Partners

Communication Infrastructure

About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specialises in innovative real estate and property investments. Due to its extensive industry knowledge with a focus on specialized investment sectors such as parking, telecommunications and affordable, contemporary living, Primevest Capital Partners has developed into a leading provider in these areas. Our top priority is to achieve attractive risk-adjusted returns for our customers. In doing so, we pay attention to sustainable income and value creation. Primevest Capital Partners currently manages assets of €1.8 billion, spread across six sector-specific funds and three individual institutional mandates. Primevest Capital Partners currently has 40 employees at its locations in Utrecht and Berlin.

For more information, please contact:
Primevest Capital Partners
Lisette van der Ham
Head of Marketing & Corporate Communications
lisette.vanderham@primevestcp.comcp.com
www.primevestcp.com

 

About Vodafone Germany
Vodafone is one of the leading telecoms and technology service providers in Germany. Half of all citizens in Germany are Vodafone customers – using Vodafone technology to access the internet, make calls and watch TV; and for connectivity at offices, farms and factories. The Düsseldorf-based company provides a comprehensive portfolio of internet, mobile, fixed and TV services. As digital transformation partner to German business and industry, Vodafone caters to enterprises of all sizes, from startups and SMEs to DAX-listed corporations. Vodafone is the #1 mobile network operator in Germany: no other market player connects more people and machines in Germany via its mobile network. It also has more gigabit fixed network connections and more TV customers in the country than any other German company.

Vodafone Germany employs some 16,000 people and generates total revenue of about €12 billion per year with more than 55 million mobile SIM cards, almost 11 million fixed broadband customers, 14 million TV customers and numerous digital solutions. As a gigabit company, Vodafone is a key contributor to the development of Germany’s infrastructure. Its German cable footprint extends to almost 24 million households and it provides a gigabit service to over 22 million of those. Vodafone intends to provide two-thirds of all German citizens with gigabit connections by 2022. With its 4G network, Vodafone reaches more than 98% of Germany`s households and the Vodafone NB-IoT network for the industrial and business sectors is delivering IoT connectivity on 97% of Germany’s total area. Vodafone has been operating Germany’s first 5G network since mid-2019. Its 5G services will be available to around 15 million people by 2020 and to 30 million people by 2021.

Vodafone Germany is the largest operating company of Vodafone Group, one of the world’s largest telecommunications companies, contributing around 30% of its revenues. Vodafone Group has over 300 million mobile customers, more than 27 million fixed broadband customers, over 22 million TV customers and connects more than 112 million IoT devices worldwide.

Vodafone is connecting people, places and things around the globe to improve lives and create a better future. A focus on sustainable business practices ensures that the technology building tomorrow’s digital world does not come at the cost of our planet. Vodafone uses electricity from renewable sources, is switching to an electric vehicle fleet, has a sustainable supply chain and re-purposes, re-sells or recycles 100% of network waste.

A diversity and inclusion agenda with a wide range of measures is at the heart of the Vodafone culture. It includes support for families, networks for women, fathers and members of the LGBT+ community, as well as diversity training programmes for managers. Vodafone is respectful of all individuals, regardless of nationality, disability, age, religious or sexual orientation, gender identity, belief or cultural background.

More information: www.vodafone-deutschland.de or www.vodafone.com

 

German ‘showcase tech town’ Bretten has its €20 million fibre-optic network completed by BBV, Primevest Capital Partners and ZTE partnership in final phase rollout

 
 
A partnership of ZTE Germany, Primevest Capital Partners and German broadband provider Breitbandversorgung Deutschland (BBV) has completed a €20 million roll-out of a fibre-optic cable network.

A partnership of ZTE Germany, Primevest Capital Partners and German broadband provider Breitbandversorgung Deutschland (BBV) has completed a €20 million roll-out of a fibre-optic cable network across Bretten in the Karlsruhe region in the south of Germany, linking more than 3,800 homes and 3,000 buildings and laying 700 kilometres of cables across the city. The final phase of the project added Bretten’s inner-city centre to the network.

Even before the network was expanded, the town of Bretten had become a showcase for the national roll-out of fibre-optic networks and the performance of this new technology in Germany, which has lagged other European economies in the adoption of high-speed broadband infrastructure. The partnership was such a success that it is now being used as a model for the further development of fibre-optic networks elsewhere in the country.

Kersten Walter, Senior Asset Manager at Primevest Capital Partners, said: “This was our first investment with ZTE and BBV where German insurance companies and pension funds are providing long-term capital through the Primevest Communication Infrastructure Fund, to enable local network operators expand their fibre-optic networks. A key factor for the successful completion of this first project was the strong commitment of BBV, ZTE and Primevest Capital Partners to the partnership.”

Technology provider ZTE, investment manager Primevest Capital Partners and national network operator BBV Deutschland formed a partnership in the summer of 2017 to build a high-performance gigabit network in the city of Bretten. The first two phases connected five districts to the fibre-optic network, providing high-speed broadband access to private households, businesses, schools and public institutions from mid-2018. The final phase, now completed, encompassed Bretten’s inner-city centre and presented the partners with new challenges, including the need to relocate the city’s pedestrian zone and protect its historic houses. The three partners managed to complete the project on time despite these hurdles.

Manfred Maschek, Managing Director of BBV, said: “In February 2019 we became the very first network operator in Germany to provide symmetrical services ranging from 100 Mbit per second to 1 Gbit per second to private and business customers across Bretten. With the completion of the final phase, we have added a large number of new end-customers that far exceeded our expectations.”

The project represents technology provider ZTE’s entry into a broader Fibre-To-The-Home (FTTH) partnership and has acted as a catalyst for other projects in cooperation with BBV and Primevest.
Yang Lin, Managing Director of ZTE Deutschland GmbH, explained: “We will continue to concentrate on expanding fibre-optic networks across Germany. We have built up expertise though the installation of smaller networks in semi-rural areas that will enable us to carry out projects on a larger scale and with larger network operators in the future.”

ZTE was the general contractor for the project in the Karlsruhe district, supplying the active network components as well as expanding the entire passive network for Bretten. ZTE’s technology consists of Optical Line Terminals (OLTs) and Optical Network Terminations (ONTs), with the OLTs serving as nodes between the main network and the last mile to the customer.

About Primevest Investment Management
Primevest Capital Partners is a pan-European investment boutique that delivers innovative investment strategies in the asset classes of parking, telecommunications and contemporary and affordable living. We are one of the leading providers in Europe in our core business areas. We aim to provide our customers with attractive and sustainable returns. Primevest Capital Partners, with around 30 employees in Utrecht / the Netherlands and Berlin, Germany, currently manages assets of €1.7 billion, spread over eight sector-specific funds and three individual institutional mandates.

Press contact Primevest Capital Partners
Lisette van der Ham
Director of Marketing and Corporate Communications
+ 31683200561
lisette.vanderham@primevestcp.com
www.primevestcp.com

About BBV Germany
Broadband provider Breitbandversorgung Deutschland (BBV) operates nationwide through regional companies focusing on rolling out global Internet services via Fibre-To-The-Home (FTTH) networks connecting residential and business customers in districts throughout the country. The company belongs to UK-based Infracapital, a financially strong firm that invests in the sustainable development and expansion of critical digital infrastructure via fund vehicles. The company focuses on the large-scale expansion of FTTH in underserved areas in semi-rural regions where broadband connections are inadequate. The company’s core competencies include planning, building and marketing high-performance and future-oriented FTTH products and networks. It is one of Germany’s private-sector pioneers with a reputation for being innovative. The company was the very first Internet provider to facilitate connectivity across a wide range of gigabits at symmetrical speeds as a standard. BBV is a member of the broadband and telecommunications associations Buglas, BREKO and VATM.

Further information: www.bbv-deutschland.de
Press contact:
Thomas Fuchs
Press office BBV Germany
Tel: 0171 4483 168 –
Email: presse@bbv-deutschland.de

About ZTE
ZTE is a Chinese technology company that specialises in next-generation telecommunication systems, mobile devices and network solutions for consumers, network operators, companies and public-sector users. The company offers its customers integrated end-to-end solutions and delivers excellent value-added services for the increasingly converging telecommunications and information technology sectors. ZTE is listed on the Hong Kong and Shenzhen stock exchanges. Its products and services are sold to over 500 operators in more than 160 countries. ZTE invests 10% of its annual sales on research and development and also participates as a leading player in a number of industry organisations for the development of international standards. ZTE is committed to corporate social responsibility as part of its CSR strategy and is a member of the UN Global Compact network.

For more information about the company, go to: www.zte.com.cn.

Pressekontakt ZTE
ZTE Deutschland GmbH
Susanne Baumann
Fritz-Vomfelde-Str. 26-30
40547 Düsseldorf
Tel. +49 163 8199405
E-Mail: susanne.baumann@zte.com.cn

Presseagentur ZTE
LEWIS Communications
Lisa Brandes/Ann-Christin Schiller
Johannstraße 1
40476 Düsseldorf
Tel. +49 (0) 211 8824 7601
E-Mail: ZTEGermany@teamlewis.com

 

Primevest Capital Partners and T-Mobile Extend Super-Fast Internet to another 45,000 Households in Rotterdam in Third Dutch City Deal

 
 
Rotterdam has become the third large city in the Netherlands where telecoms provider T-Mobile and Smart Cities investor Primevest Capital Partners are teaming up to offer 45,000 households access to super-fast Internet services by the end of 2021.

This will bring the total number of Dutch households that T-Mobile is connecting with superfast Internet connections via Primevest’s fibre-optic networks to 130,000 next year, following similar deals by the consortium in the past 18 months in The Hague and Eindhoven. The networks in Rotterdam will be built by partners Van Gelder Telecom and VolkerWessels Telecom.

Under the latest deal, the Primevest Communication Infrastructure Fund (PCIF) has reached agreement in principle with local network builder L2Fiber to take over its existing network in the Rotterdam district of Kralingen and to double its reach to approximately 15,000 households. As PCIF’s main client, T-Mobile will lease the fibre-optic network from the fund to offer superfast Internet services and open it up to other providers. In addition, Primevest and T-Mobile will start rolling out a new fibre-optic network in the Rotterdam district of IJsselmonde.

The Covid-19 crisis has clearly shown that the winning cities of the future will be those with the best Internet infrastructure that allows their digitalised economies to stay a step ahead of the rest, Barbara Kathmann, Rotterdam Municipality’s Alderman for Economic Affairs, said: “An Internet connection has become a basic need at home, as self-evident as water or electricity. Residents of Rotterdam must be able to count on fast, safe and reliable connections and a wide choice of Internet services. During the Covid-19 lockdowns, a good Internet connection has become crucial for everybody in Rotterdam who has had to work from home, as well as for the healthcare sector and businesses and retailers who offer their products online. I am delighted that the T-Mobile and Primevest Capital Partners consortium is allowing more Rotterdam households and entrepreneurs to benefit from superfast Internet. This deal brings us closer to our goal to connect all of Rotterdam to a fibre-optic network within the next five years. In Kralingen, the consortium is also providing a great solution in terms of completing the project started by L2Fiber in 2018.”

The deal to take over and extend Rotterdam’s fibre-optic network will enable T-Mobile to offer local resident access to the internet at speeds of up to 1 Gigabit per second (Gbps) at the lowest possible price. T-Mobile customers that already have an Unlimited T-Mobile mobile subscription will pay only €25 per month for super-fast Internet at home. The first users in Rotterdam will be connected in the spring of 2021. Van Gelder Telecom and VolkerWessels Telecom will construct the fibre-optic networks in Rotterdam for PCIF and be responsible for the long-term maintenance. The companies make use of an innovative installation method in which cables are laid up to five times faster than standard techniques thereby causing less inconvenience in the local environment.

PCIF has invested nearly €100 million from long-term pension fund and insurer institutional investors and has a further €50 million of investments currently under construction. PCIF is targeting additional equity commitments in the coming period for institutional investors. The fund invests in communication infrastructure, with a focus on assets in Germany, the Netherlands, Austria and Belgium, and is targeting total assets under management of between €500 to €600 million with 70% invested in fibre optic networks and 30% in traffic aggregation points and data centres.



About Primevest Capital Partners

Primevest Capital Partners is a pan-European investment boutique that specializes in innovative real estate and property investments. Due to the extensive industry knowledge with a focus on specialized investment sectors such as parking, telecommunications and affordable, contemporary living, Primevest Capital Partners has developed into a leading provider in these areas. Our top priority is to achieve attractive risk-adjusted returns for our customers. In doing so, we pay attention to sustainable income and value creation. Primevest Capital Partners currently manages assets of €1.7 billion, spread across eight sector-specific funds and three individual institutional mandates. Primevest Capital Partners currently has 40 employees at its locations in Utrecht and Berlin.

For more information, please contact:
Primevest Capital Partners
Lisette van der Ham
Head of Marketing & Corporate Communications
lisette.vanderham@primevestcp.com
www.primevestcp.com

 

Primevest Communication Infrastructure Fund signs second ‘Fiber to the Curb’ contract in Wetterau, taking investment volume to over €80 million

 
 
The Primevest Communication Infrastructure Fund “PCIF” has secured its second Fiber to the Curb (FttC) supply contract in the Wetterau region of Hessen, taking its total investment volume to over €80 million following a first FttC deal in Leichlingen announced in August.

PCIF will finance the upgrading of the FttC telecommunications network in Wetterau, to the north of Frankfurt, in partnership with high-speed Internet provider YPlaY Germany GMb “YPlay”. The Fund is managed by Dutch-German ‘Smart City’ investment manager Primevest Capital Partners.

PCIF invests in critical telecommunications infrastructure, which it leases to multiple operating partners, including Vodafone and now YPlay in Germany and T-Mobile in the Netherlands. The Fund has committed to financing the replacement of the existing copper cables with optical fibre for the communities in and around Wetterau, upgrading this to a full Fibre to the Home “FttH” network, dependent upon sufficient consumer demand.

Despite its position as Europe’s largest economy, Germany lags behind in the provision of modern telecommunications infrastructure, with below 5.0% of households able to access the latest generation of superfast broadband services through FttH networks. It is estimated that between €70 billion to €80 billion of investment is required to upgrade all German municipalities to FttH, which in turn provides institutional investors with an enormous opportunity to participate in the ‘Smart City’ infrastructural investment of the future.

Klaus Leckelt, Project Manager at Primevest Capital Partners, said: “In an era where home working and home internet use for e-commerce and leisure activities is increasing exponentially, PCIF provides the necessary capital that allows people access to the high-performance fiber optic networks that are becoming a basic necessity of life. This ‘future-proofed’ telecommunications infrastructure ensures that consistent bandwidth and quality of services can be delivered to customers across the board.”

Yplay’s existing fiber optic network will be accessible to Wetterau households once the existing copper cable connections have been replaced, with FttC migrated to an FttH network over the next few years. The new FttH connections are being built by HessenKom GmbH & Co. KG (HessenKom) and will be leased by PCIF to YplaY. The first customers in the Altenstadt district will be migrated to the new FttH connections shortly with other areas already under development.

Peer Kohlstetter, Managing Director of HessenKom and YPlay, said: “This agreement creates a solid foundation for high-speed and reliable broadband coverage for our customers. With PCIF’s investment we are able to take over the existing network and enable the expansion of future-proof broadband connections without needing to invest our own financial resources in the network expansion and construction. This cooperation in Hessen means we are leading the way in the migration of existing FttC infrastructure to the next generation of fiber optic cables.”

PCIF will be investing a further €50 million in new fiber optic networks in other areas of Germany in the near future, including areas around Altenstadt, Lower Saxony, Baden-Württemberg and North Rhine-Westphalia.

Klaus Leckelt, Project Manager at Primevest Capital Partners, concluded: “Our buy-and-build strategy supports local operating partners and municipalities in achieving sustainable growth through the responsible deployment of the capital of our institutional investors, such as insurers and pension funds.”
Primevest will coordinate both current and future network expansions and upgrades to ensure that the infrastructure is optimally tailored to the needs of the operator.

Founded in 2017, PCIF, provides residents and businesses in cities access to high-speed broadband connections. The Fund has a target investment volume of €600 million and is open to new institutional investors until the second quarter of 2021. Its focus is on passive communication infrastructure, such as fiber optic networks, cell phone towers and data centres which are needed to meet the increasing demand for broadband and to enable smart cities. PCIF works closely with telecommunications and cable operators, municipalities and other stakeholders and offers investors stable cash flow based on long-term leases with network operators.

About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specialises in innovative real estate and property investments. Due to its extensive industry knowledge with a focus on specialised investment sectors such as parking, telecommunications and affordable, contemporary living, Primevest Capital Partners has developed into a leading provider in these areas. Our top priority is to achieve attractive risk-adjusted returns for our customers. In doing so, we pay attention to sustainable income and value creation. Primevest Capital Partners currently manages assets of € 1.7 billion, spread across eight sector-specific funds and three individual institutional mandates. Primevest Capital Partners currently has 40 employees at its locations in Utrecht and Berlin.

For more information, please contact:
Lisette van der Ham
Head of Marketing & Corporate Communications
lisette.vanderham@primevestcp.com
www.primevestcp.com

 

Primevest Communication Infrastructure Fund Seals First ‘Fibre to the Curb’ German Municipality Deal with Leichlingen, Investments Rise to €75 million

 
 
The Primevest Communication Infrastructure Fund (PCIF) has acquired the ‘fibre to the curb’ (FttC) network in the northwest German town of Leichlingen, close to Cologne, to deploy high speed optical connections.

This is the first such deal with a municipality in Germany, for Primevest Capital Partners which manages PCIF and enables ‘Smart City’ investments in markets across Europe.

PCIF invests in critical telecommuncations infrastructure, which it leases to multiple operating partners, including Vodafone in Germany and T-Mobile in the Netherlands. The Fund has committed to further invest in upgrading Leichlingen to a full FttH network, replacing the last mile of existing copper cables by optical fibre to bring the fibre to the home upon sufficient consumer’s demand.

PCIF’s total investments have risen to €75 million, after the inclusion of the Leichlingen agreement, and the Fund has a further €50 million in outstanding commitments to invest in new projects which are being constructed.

Klaus Leckelt, project manager at Primevest Capital Partners, said: “Germany is Europe’s economic powerhouse, but it lags behind other major economies in the provision of critical communications infrastructure that is required to underpin the growing demand for online commerce, home working and information access. Forward-thinking municipalities such as Leichlingen realise that they have to plug these gaps in their utility, or Stadtwerke, services and become technology-led ‘Smart Cities’ to preserve the prosperity of the local economy for businesses and residents.”

Leckelt added: “Primevest’s buy-and-build strategy supports local Stadtwerke and our telecom operating partners, because our investment interests are aligned in promoting the sustainable growth of these cities. We are a Dutch-German company, backed by responsible institutional investors such as pension funds, which focus on sustainable long-term returns and partnerships.”

The new FttH links will be built by GFS and leased by PCIF to its telecom operating partners, which include Novanetz and NetCologne. The first customers in the Witzhelden district already have a FttH connection and new areas are under development, including Wolfstall, Herscheid, Orth and Krähwinkel. The next phase for Kuhle, Bern and Hölverscheid, will follow before the end of 2020 and then the inner city areas of Leichlingen.

Primevest will coordinate both short-term and future network expansions and upgrades to ensure the infrastructure is optimized for the needs of its telecom operating partners.

Frank Steffes, Mayor of Leichlingen, said: “This agreement creates a solid base for Leichlingen’s Internet broadband coverage. By selling the existing network, we are facilitating the expansion of future-proof broadband connections without burdening the city’s own financial resources. This deal makes us one of the pioneers in the delivery of the latest generation of fibre-optic cables in North Rhine-Westphalia.”

The Primevest Communication Infrastructure Fund was established in 2017 and is backed by German institutional investor capital. It provides residents and businesses in cities access to high-speed broadband, which is now a basic necessity of life. The fund has a target investment volume of €600 million and is open to new investors until Q2 2021. Its focus is on passive communication infrastructure such as fibre-access networks, mobile towers and data centres, to meet the spiraling demand for broadband capacity and to drive the Smart Cities of the future. PCIF works closely together with telecom and cable operators, municipalities and other stakeholders and offers investors a stable cash flow on the basis of long-term lease agreements with network operators.

About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specializes in innovative real estate and property investments. Due to the extensive industry knowledge with a focus on specialized investment sectors such as parking, telecommunications and affordable, contemporary living, Primevest Capital Partners has developed into a leading provider in these areas. Our top priority is to achieve attractive risk-adjusted returns for our customers. In doing so, we pay attention to sustainable income and value creation. Primevest Capital Partners currently manages assets of 1.7 billion euros, spread across eight sector-specific funds and three individual institutional mandates. Primevest Capital Partners currently has 40 employees at its locations in Utrecht and Berlin.

For more information, please contact:
Lisette van der Ham
Head of Marketing & Corporate Communications
lisette.vanderham@primevestcp.com
www.primevestcp.com

 

Keynote Smart cities by Heimen Visser at Real Estate Future Proof conference

 
 
The online conference Real Estate Future Proof took place on Tuesday 30 June. Heimen Visser of  Primevest Capital Partners gave a Keynote on the following topic: "Objects in public spaces, homes and office buildings, everything is digitally connected to each other."

The government’s Digital Agenda stimulates the roll-out of fiber optic connections to the 5G mobile internet; all this has an impact on autonomous driving, real-time information exchange, smart parking garages that generate energy and become transit hubs in cities, but also the narrowing of street lights by applying fine dust, temperature and traffic measurement sensors to improve the living and working climate in cities.

Heimen Visser sketches the beginning of a smart future in about 10 minutes.
See the full video here: https://www.youtube.com/watch?v=RqV27wdKinU&feature=youtu.be&t=1410