MEAG, Ärzteversorgung Westfalen-Lippe and Primevest Capital Partners create a partnership to deploy fiber-optic networks in Germany through a wholesale company

 
 
MEAG, Ärzteversorgung Westfalen-Lippe (ÄVWL) and Primevest Capital Partners (Primevest CP), have reached agreement on creating the joint venture Open German Fiber to deploy Fiber-to-the-Home (FTTH) in Germany. During its formation, the company already secured selected areas in Hessen and North Rhine-Westphalia.

In the joint venture’s targeted structure, MEAG and ÄVWL will each hold 40% and Primevest CP 20%. MEAG will invest on behalf of entities of Munich Re and MEAG European Infrastructure One, MEAG’s infrastructure equity fund for institutional investors.

The joint venture will operate as a wholesale company and, together with anchor internet service providers (ISPs), it is set to deploy local fiber-optic networks in underserved areas across Germany. Primevest CP has been appointed as the asset manager and will coordinate investment plans to ensure that the infrastructure is built in accordance with the highest industry standards and tailored to operators’ needs.

For the initial regions, MEAG, ÄVWL and Primevest CP jointly selected areas which will provide at least 150,000 homes with access to high-speed internet. The areas are located in the regions of Hessen and North Rhine-Westphalia, where the ISPs novanetz and YplaY will be responsible for marketing the fiber-optic network to customers. Construction work in the regions will commence this year.

Primevest CP already has a presence in the same regions and partnered with the same ISPs through investments in its first Primevest Communication Infrastructure Fund (PCIF). Primevest CP will soon launch its second fund, PCIF II, and has already begun to raise equity. It is envisaged that PCIF II will also participate in the consortium.

Dominik Damaschke, Head of Infrastructure Equity at MEAG: “We are very pleased to have teamed up with Primevest CP and ÄVWL on this investment to build a successful long-term relationship. In addition, I am particularly pleased that – with Open German Fiber – we have generated the first investment for our recently launched infrastructure equity fund MEAG European Infrastructure One. Ongoing digitalisation leads to increasing data volumes and FTTH is the only technology that is able to cope with the required higher volume of data throughput. We see a huge market potential for the FTTH market in Germany. Despite its position as Europe’s largest economy, Germany significantly lags behind in FTTH coverage. We are proud to invest in a sustainable infrastructure that accelerates Germany’s social, economic and digital development, and also ensures attractive long-term returns.”

Markus Altenhoff, Chief Investment Officer at ÄVWL: “Last but not least, the Covid-19 pandemic – with its far-reaching protective measures to avoid contact – has shown how important a resilient digital infrastructure is. Only once this is in place can home office, home schooling and the like be guaranteed. With this investment, ÄVWL is proud to be able to support the nationwide expansion of the fiber-optics network in Germany. At the same time, by investing in a future-oriented and system-relevant business model, ÄVWL is adding another investment of stable cash flows and an attractive risk/return profile to its infrastructure portfolio.”

Bas van Dongen, Head of Communication Infrastructure at Primevest Capital Partners: “As first-mover in this asset class with a strategy focused on investing in passive communication infrastructure assets with long-term leases with internet service providers, we now see that this investment model is increasingly adopted by the industry. We are very pleased that we have been able to form a consortium together with MEAG and ÄVWL, leveraging on the knowledge and expertise we have built over the last few years and capturing the many investment opportunities in our investment pipeline. The roll out in the Hessen and NRW regions is a good example of Primevest’s successful investment strategy in Germany”.

The transaction is subject to approval from the competent merger control authorities and closing is expected in the course of 2022.

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 by investing in the future of our cities in realising 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 needs of modern 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 €3 billion in real assets across 12 European countries including sector-focused funds, individual institutional mandates and a number of funds targeting private investors as well as family offices following acquisition of the Holland Immo Group. The complementary brands joined forces in 2021 to grow their market position, network and to strengthen each other. Through this, we are able to provide a sustainable financial future to a larger and more diverse client base. The group initiated a total of over 60 funds, of which 34 are currently active. Primevest Capital Partners is part of Primevest Capital Partners Holding B.V.

PCIF has invested circa €250 million in greenfield fiber-optic networks in Germany and the Netherlands and has a further €100 million of investments currently under construction. 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. PCIF II will continue the successful investment strategy from the first fund. PCIF II will invest in telecommunications infrastructure assets, with a focus on assets in Germany, the Netherlands, Austria and Belgium, and is targeting total assets under management between €500 to €600 million with 70% invested in fiber-optic networks and 30% in traffic aggregation points and data centres.

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

About MEAG
MEAG is the asset manager of Munich Re and ERGO with offices in Europe, Asia and North America and offers its extensive know-how to institutional investors and private clients. MEAG currently manages assets to the value of around €309 bn, €57 bn of which is for institutional investors and private clients.

Our recently launched infrastructure equity fund MEAG European Infrastructure One complements MEAG’s existing debt offering in the field of infrastructure and will invest in the transformation of the energy industry, digital infrastructure, sustainable transport and other essential infrastructure topics. The fund is classified under Article 8 of the EU Disclosure Regulation and has an attractive risk-reward profile.

About Ärzteversorgung Westfalen-Lippe
Ärzteversorgung Westfalen-Lippe (ÄVWL) is an institution of Ärztekammer Westfalen-Lippe. It is one of the largest professional pension funds in Germany with a current investment volume of around €15.5 billion, and is responsible for the retirement and occupational disability benefits of more than 60,000 members and pensioners.

 

Start of the fiber-optic installation across the entire city of Rahden, Germany

 
 
The Rahden fiber-optic installation project has begun and is on target: installation is scheduled for full expansion of the fiber-optic network throughout the city. Gustav internet is starting the Rahden project expansion with about 2,300 contracts.

“We welcome and support the willingness of Primevest Capital Partners and gustav to set up a future-proof broadband service here in Rahden. Use this opportunity for a future-proof Rahden,” says the Mayor Dr. Bert Honsel.

“It is especially important that the benefits of transitioning to fiber-optic technology are shared by everyone. It is particularly those who already have a somewhat better service in the city centre or in the small villages today but not in a future-proof manner, whose contract will contribute to the success of the full fiber-optic expansion, which is thus made possible for all rural districts”, emphasizes Dennis Kornehl, Managing Director of gustav internet.

This creates a sustainable supply network that already covers all future needs for bandwidth requirements and applications, even if the current internet speed on the older copper technology is still adequate. This is highly relevant in terms of the robustness of the connections (home schooling, home office, numerous video and cloud applications) and not least in terms of a property valuation on sale or when there is a generation change.

Participation in public life is made possible for all generations even for senior citizens with video conferencing, TV on demand, telemedicine applications, etc. In addition, the prospect of a comprehensive fiber-optic network will, for the first time, enable the community to address many new opportunities and achieve many aspects in the digital community.

The aim of all cooperating partners is to build a comprehensive Fiber-to-the-Home (FTTH) fiber-optic network across the entire city of Rahden, thus enabling all citizens to access the fiber-optic network,” adds Klaus Leckelt, Senior Acquisitions Manager at Primevest Capital Partners.

Product contracts can be submitted to gustav internet either by post, email scan, or on site to EP Hauke. Feel free to talk about the project to your city councillors, and local leaders in the individual neighbourhoods of the city.

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 by investing in the future of our cities and realising 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 needs of modern 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 €3 billion in real assets across 12 European countries including sector-focused funds, individual institutional mandates and a number of funds. PCIF I has invested circa €250 million in greenfield fiber-optic networks in Germany and the Netherlands and has a further €100 million of investments currently under construction. PCIF II will continue the successful investment strategy from PCIF I and invest in passive fiber-optic infrastructure assets, with a focus on assets in Germany.

Press contact Primevest Capital Partners:
Lisette van der Ham
Head of Marketing & Communications
Tel.:  +31 (0) 33 750 47 54
Email:   lisette.vanderham@primevestcp.com
Website: www.primevestcp.com

About GFS    
GFS is a professional team with 20 years’ worth of experience in the field of fiber-optic network development. GFS has accompanied all relevant expansion projects in Germany right from the beginning of privatisations in the telecommunications sector. GFS offers a high-quality service portfolio, from planning to implementation and documentation. Drawing on many years’ worth of experience, successfully completed projects as a general contractor, and not least through its close customer contacts with other telecommunications companies, GFS knows what is important when it comes to the turnkey handover of projects and networks.

About gustav internet
gustav internet is an internet provider that specialises in real fiber-optic products, providing Fiber-to-the-Home (FTTH) through the fiber-optic network. The company offers high-speed internet products, taking advantage of the enormous potential of the new FTTH technology – with modern, contemporary download and upload speeds that conventional technologies such as cable networks or VDSL cannot offer. Together with its partners, gustav internet actively contributes to the Federal Government’s broadband objective by providing fiber-optic connections directly to regions that are not currently connected to a fiber-optic network. gustav internet works together with partners such as local energy suppliers, construction companies or municipalities to set up and operate the fiber-optic infrastructure.

Press contact gustav internet:
Dennis Kornehl
Tel.:      +49(0) 511 9999 8035
Email:  presse@gustavinternet.de
Website: www.gustavinternet.de

 

Hamburg Commercial Bank finances further fiber optic project for Primevest Capital Partners

 
 
Hamburg Commercial Bank (HCOB) is providing long-term financing of EUR 21.5 million to the "Communication Infrastructure Fund" launched by Primevest Capital Partners (Primevest CP) for the expansion of fiber-optic infrastructure in more rural regions around the Frankfurt/Main and Bonn metropolitan areas. This is already the third financing that Hamburg Commercial Bank has provided for Primevest Capital Partners within a year.
  • Fiber-optic network expansion for 15,600 private households in more rural areas around Frankfurt/Main and Bonn
  • Funding under KfW’s “Digital Infrastructure” program

The investment loan is funded under the German government’s KfW (Kreditanstalt für Wiederaufbau) “Digital Infrastructure” Program on behalf the Federal Ministry for Digital Affairs and Transport (BMDV). It was launched to support the construction and expansion of the national fiber-optic network. As Primevest CP’s principal bank in Germany, Hamburg Commercial Bank integrated the program for this financing. Under the project, the fiber-optic networks in Hessen and North Rhine-Westphalia will be further expanded and leased to interested Internet providers. Around 15,600 private households will be supplied with fiber-to-the-home (FTTH) connections.

“Primevest CP is a very experienced investor in digital infrastructure,” said Inka Klinger, Head of Project Finance at Hamburg Commercial Bank. “Due to the very well-coordinated cooperation and a certain repeat character, we can competently and efficiently implement the transaction, which is very important for the still underserved fiber market in Germany.”

Bas van Dongen, Partner Communications Infrastructure at Primevest Capital Partners, said: “We are happy that we can leverage on the strong relationship with Hamburg Commercial Bank. The expertise of HCOB combined with the funding under the KfW’s “Digital Infrastructure” program is important to further finance new investments in the industry. With our attractive pipeline of investments, we aim at continuing the good relationship and further contribute to the growing digital economy”.

About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique specializing in investments in innovative real estate. Primevest Capital Partners aims to contribute to the sustainable financial future of our clients by investing in the future of our cities, providing sustainable living, increasing connectivity and promoting mobility. Our investment philosophy and sustainable goals are driven by the current trend of urbanization and the opportunity to meet the needs of modern urban communities while improving the quality of life and sustainability of metropolitan residents. From our offices in Utrecht, Eindhoven and Berlin, a team of 70 professionals manages €3 billion in assets, including sector-related funds, individual institutional mandates and some funds targeting private investors and, following the acquisition of Holland Immo Group, family offices. Primevest Capital Partners is part of Primevest Capital Partners Holding B.V.

For more information, please to 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

About Hamburg Commercial Bank:
Hamburg Commercial Bank AG (HCOB) is a private commercial bank headquartered in Hamburg. HCOB offers its clients a high level of structuring expertise in real estate financing and has a strong market position in international shipping. The bank is one of the pioneers in the pan-European project financing of renewable energies and digital infrastructure. HCOB offers individual solutions for international corporate clients as well as a focused corporate business in Germany. Reliable and timely payment products as well as other trade finance solutions also support the need of the bank’s customers. HCOB is aligning its activities with established ESG criteria.

For more information, please to contact:

Katrin Steinbacher
Head of Press
Phone +49 40 3333-11130
katrin.steinbacher@hcob-bank.com

Thomas Schwitalla
Press spokesman
Phone +49 40 3333-11425
Mobile 0170 48 68 137
thomas.schwitalla@hcob-bank.com
hcob-bank.com

 

Hamburg Commercial Bank finances further optic-fiber project for Primevest Capital Partners

 
 
Hamburg Commercial Bank (HCOB) provides a long-term financing of EUR 35 million to the "Communication Infrastructure Fund" launched by Primevest Capital Partners (Primevest CP) for the expansion of fiber-optic infrastructure in the regions around Hanover, Leverkusen and Münster.
  • Expansion of Fiber-to-the-Home network for 45,000 private households in Hanover, Leverkusen and Münster
  • Funding under KfW’s “Digital Infrastructure” program

The investment loan is funded under the German government’s KfW Digital Infrastructure program, which was launched to support the construction and expansion of the fiber-optic network. As Primevest CP’s principal bank in Germany, Hamburg Commercial Bank has been involved in the program for this financing. Under the project, the fiber-optic networks in Lower Saxony and North Rhine-Westphalia will be further expanded and leased to interested Internet providers. Around 45,000 private households will be supplied with Fiber-to.the-Home (FTTH) connections.

“We have come to know Primevest CP as a very experienced investor in the digital infrastructure sector and are pleased to continue our cooperation with this transaction,” said Inka Klinger, Head of Project Finance at HCOB. “In a European comparison, Germany’s fiber penetration rate of just under 15 percent is far below the European Commission’s target which averages 40 percent. KfW’s ‘Digital Infrastructure’ program is used as an accelerator for fiber-optic expansion and was also involved in this project. With this financing, we are supporting the roll-out of a modern and sustainable FTTH network in Germany.”

Bas van Dongen, Partner Communications Infrastructure at Primevest CP, said, “With this new project, we have further strengthened our good relationship with HCOB, benefitting from the expertise of the infrastructure finance specialists that support Primevest in its ambition to further grow the investment portfolio. With many investments in the pipeline, we expect more announcements to follow soon.”

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 by investing in the future of our cities in realising 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 needs of modern 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 €3 billion in assets including sector-focused funds, individual institutional mandates and a number of funds targeting private investors as well as family offices following acquisition of the Holland Immo Group. Primevest Capital Partners is part of Primevest Capital Partners Holding B.V.

For more information, please to 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

 

Robin Marriott of PropertyEU interviews Frank Noé about digital communication infrastructure

 
 
Article in PropertyEU by Robin Marriott in the Alternative Watch edition- Digital Infrastructure communication – interview with Frank Noé of Primevest Capital Partners.

When real estate investors think of digital communication infrastructure perhaps the first images that come to mind are of those mobile telecom masts and data centres. However, outside this sphere, is a third category of digital infrastructure which seems to get relatively less attention.

Given the important part fibre cables play in digital infrastructure, it is surprising it is not spoken more of. As the internet grows ever more powerful fuelling business growth and personal leisure time, you would think investors in real estate assets could not afford to overlook returns from the development of the fibre network. Fibre optic cables have been around for decades, so they are not new. They are preferred to copper networks for being relatively inexpensive in comparison, and for being better at carrying signals for longer distances, while also cutting electromagnetic interference.

Perhaps it is unsurprising that very few real estate companies have a specialization in fibre cabling. After all, it does not sound like a real estate business. But one that does is Primevest Capital Partners, the Netherlands-based company which has a digital infrastructure business alongside carparks and residential property. The company launched its first Communication Infrastructure Fund in 2017 giving it a “first mover” advantage and, is launching a second fund that aims to amass up between €800mln – €1bn of assets. Primevest is involved in the “passive” layer of fibre cables meaning “all” it does is identify areas of demand, gains the necessary permissions, employs contractors to dig up the ground to lay the cable, and rents it out to an operator such as Vodafone, Deutsche Telekom or NKL on long term leases.

Frank Noé, Head of Capital Formation at the group, says: ‘Fibre optic cable is the backbone of our future economies, the backbone of growth, and decent work environments, and the very information society that the EU is striving for.’

Read full interview (for subscribers): https://lnkd.in/eKreyEpm

 

High-speed gigabit internet for Tuniberg municipalities in Germany: Construction of fibre-optic network started

 
 
Good news in times of working from home and homeschooling: project partners Primevest Capital Partners and Vodafone Germany launch the rollout of a state-of-the-art fibre-optic network for about 5,300 households and businesses in the three municipalities of Opfingen, Munzingen and Tiengen around the Tuniberg near Freiburg. This was announced by Vodafone, Nokia and Primevest at the official launch of the project in Opfingen on March 30.

• High-speed internet for 5,300 households in Opfingen, Munzingen and Tiengen
• Pre-marketing of fibre-optics successfully completed – start of construction

Primevest Communication Infrastructure Fund (“PCIF) is financing the fibre roll-out, which will be built by Nokia. Vodafone operates the network, supplies the fibre-optic connections to the market, and provides services such as high-speed gigabit internet, television and telephony. Construction begins today in Ofingen. The municipalities of Munzingen and Tiengen will follow in a couple of weeks. All infrastructure work must be completed by the end of the year. Information about the fibre-optic project and progress on its installation will be published by Vodafone at www.vodafone.de/freiburg-tuniberg

Rolf-Peter Scharfe, Head of Fibre-Optic Cooperations at Vodafone Germany: “Expansion of the fibre-optic network has been given the go-ahead. We are pleased that, by way of this ambitious project, we can provide future-proof gigabit internet to many households and businesses in the three Tuniberg municipalities. Successful pre-marketing has shown that there is a pressing need for high-speed internet. With this infrastructure programme, Primevest and Vodafone ensure the region has the necessary connectivity to the future technologies of a gigabit society and provide access to digitisation.”

Bas van Dongen, Head of Communication Infrastructure at Primevest Capital Partners: “We are pleased that the effective cooperation between the municipalities, Nokia, Vodafone and Primevest has led to construction being started in these initial areas. The rollout in the Tuniberg municipalities is yet another fine example of Primevest’s successful investment strategy to provide future-proof and modern fibre-optic networks in Germany”.

Fibre-optic connections offer guaranteed bandwidth, greater reliability and security for the future
For the fibre-optic expansion in the municipalities of Opfingen, Munzingen and Tiengen the project partners have used what is known as “Fibre to the Home” technology (FTTH). In FTTH, every home is connected to the substations with its own fibre-optic cable. The benefit of this is that the bandwidth does not need to be shared with other households, so full capacity is always available. In addition, fibre-optic connections are more reliable than conventional copper connections because they are less susceptible to interference. Another benefit is that the technology is future-proof, because transmission can be increased to several gigabits per second, if necessary.

Gigabit for two-thirds of Germany’s inhabitants
The demand for high-speed gigabit internet connections is greater than ever, because data traffic will increase rapidly in the years ahead. To enable transmissions of these volumes of bits and bytes, high-performance internet connections are an absolute must for businesses and private households.

As a gigabit company, Vodafone is the driving force behind infrastructure expansion in Germany and has already reached more than 24 million households over their national fibre-optic network, of which approximately 23 million are at gigabit speeds. By the end of the year, Vodafone will provide two-thirds of Germany’s inhabitants with gigabit connections. In doing so, it relies on a technology mix of cable and fibre optics with an investment programme that not only improves the entire cable network in the present coverage area, but also with other programmes that boost fibre-optic expansion where it is most needed – in rural areas – both for the inhabitants and for the economy.

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 by investing in the future of our cities in realising 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 needs of modern 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 €3 billion in assets including sector-focused funds, individual institutional mandates and a number of funds targeting private investors as well as family offices following acquisition of the Holland Immo Group. Primevest Capital Partners is part of Primevest Capital Partners Holding B.V.

For more information, please to 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

Vodafone Germany

Vodafone is one of the largest communication networks. Every second inhabitant in Germany is a Vodafone customer – whether they surf on the internet, talk on the phone or watch TV, or whether they’ve installed Vodafone technology at the office, on the farm or in the factory. Vodafone networks connect Germany: not only among families and friends, but also politics, businesses and the wider community. They also help to keep crucial sectors running such as education and healthcare, especially in times of COVID-19.

The Düsseldorf-based company offers internet, mobile telephony, landline telephony and television from a single company. As a digitisation partner of the German economy, Vodafone’s customers include start-ups, SMEs and DAX stock exchange companies. Vodafone is the No. 1 in German mobile communications: no other company in Germany connects more people and machines over its mobile network. No other German company offers more gigabit connections on the landline network than the Düsseldorf firm. And no other company in the entire country has more television customers.

Having more than 30 million mobile telephone customers, almost 11 million broadband customers, more than 13 million television customers, and a host of digital solutions, with its approximately 16,000 employees, Vodafone Germany generates a total annual turnover of approximately €13 billion.

For more information: www.vodafone-deutschland.de or www.vodafone.com

 

Article IPE Real Assets: Investment opportunities in communication infrastructure

 
 
Investment opportunities in communication infrastructure: digital connectivity and infrastructure are key to innovation & education. The growing need for fast broadband ‘connectivity’ in society and the economy requires a reliable, affordable, energy efficient and scalable state-of-the art communications infrastructure network.

To accommodate this, considerable investments are needed to expand and upgrade today’s communication infrastructure network. This opens up an attractive new asset class for institutional investors: passive telecommunications infrastructure assets – such as fixed-line cabling, mobile towers and data centers. An article by Primevest Capital Partners, a pan-European investment boutique with more than €3 billion AuM specialising in innovative real assets and already active in this field with the ‘Primevest Communication Infrastructure Fund I’ (PCIF) and PCIF II to be launched in April 2022, outlines the communication industry’s investment challenge and the window of opportunity it offers to institutional investors.

Long investment horizons
These communication infrastructure assets have lifecycles and utility-like characteristics with long investment horizons and can offer modest but reliable cash returns to institutional investors, backed by long-term lease contracts with telecom operators. Moreover, by introducing private capital to the world of communication infrastructure, institutional investors can play a vital role in the development of the ‘digital economy’, thus delivering important economic and social benefits. However, investing in cable infrastructure nowadays effectively means putting one’s money on one specific infrastructure asset: fibre-optics. That might seem a risky thing to do in an era of fast technological change and ‘disruption’, even if the exposure to technological developments is limited for institutional investors because they would not be investing in the telecom operators themselves. Can institutional investors invest in passive telecommunication infrastructure in the confidence that fibre-optic assets have the ‘longevity’ that not only provides investors with an attractive cash return during the lease term, but also maintains or even grows long-term capital value? Primevest explains that such confidence would be justified: fibre-optic.

Read full article here.

Primevest Capital Partners also has a White Paper available about this topic. If you would like to receive this extended version please send an inquiry to lisette.vanderham@primevestcp.com

 

Primevest Capital Partners to expand fibre optic networks in Wermelskirchen and Burscheid

 
 
Primevest Capital Partners has signed an agreement with operator Novanezt to extend the fibre optic networks across two towns in Germany, Wermelskirchen and Burscheid. Primevest is financing and building the infrastructure. The Primevest Communication Infrastructure Fund (PCIF) has acquired the ‘fibre to the cabinet’ (FttC) network in the German towns of Wermelskirchen and Burscheid, to deploy high-speed optical connections.

Investment manager Primevest Capital Partners has recently started on the combined construction of the extensive fibre optic expansions. The new FttC links will be built by GFS and leased by PCIF to its telecom operating partner Novanetz.

The first sub-areas in Wermelskirchen and a further construction phase in Burscheid will receive the fibre optics straight into the home. In Wermelskirchen construction work will start in the following areas: Burscheid Hilgen-Nordteil as well as Wermelskirchen Unterstraße, Bechhausen and Löh. Large parts of Leichlingen and Burscheid-Ösinghausen have already been connected and the network will now be expanded via Kuhle to Burscheid Hilgen and Wermelskirchen Unterstrasse. This marks the start of the next phase towards a large-scale fibre optic supply network in both cities.

A sustainable supply network is being created here, which already covers all future requirements for broadband requirements and applications. Although the current internet speed on the outdated copper technology is still sufficient, the new network is highly relevant for the robustness of connections (home schooling, home office, numerous video and cloud applications) and, last but not least, with regard to real estate evaluation in the event of a sale or a change of generation. The quota achievement – usually of 40% for the construction of an area – includes the product contracts entered into, which then ensure realisation of the free home connection for the owner.

Furthermore, it is the first time that the prospect of a comprehensive fibre optic network enables the cities of Wermelskirchen and Burscheid to consider many new opportunities to focus on a ‘Smart City’ and to tackle the implementation of several digital community aspects.

Klaus Leckelt, Senior Acquisitions Manager at Primevest CP, said: “Primevest is investing across extensive areas in Wermelskirchen and Burscheid to enable delivery of a future-proof and modern fibre optic network. Our investment, combined with a short construction lead time contracted via Novanetz, means that these areas will shortly benefit from a modernised network. Via the modern fibre optic network, inhabitants of all generations can participate in public life via video conferencing, TV on Demand, telemedicine applications, etc.”

We are approaching all residents who are interested in a fibre optics connection and want to make their homes fit for the future. Applications for the free fibre optic connection can still be submitted. Further information and documents can be requested from info@novanetz.de or www.novanetz.de

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 by investing in the future of our cities in realising 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 needs of modern metropolitan communities, while enhancing the quality and sustainability of people’s lives.

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 by investing in the future of our cities in realising 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 needs of modern 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 in assets including sector-focused funds, individual institutional mandates and a number of funds targeting private investors as well as family offices following acquisition of the Holland Immo Group. Primevest Capital Partners is part of 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

About novanetz
Novanetz is an internet provider who specializes in fibre optic products for fibre optic networks to the home. The company offers high-speed internet products that exploit the enormous potential of new fibre optic technology – with modern, state-of-the-art download and upload speeds that conventional technologies such as cable networks or VDSL cannot offer. Together with its partners, novanetz makes an active contribution to the federal government’s broadband objective by supplying regions not yet connected to a fibre optic network with fibre optic connections straight into the home. When setting up and operating the fibre optic infrastructure, novanetz works with partners like local energy suppliers, construction companies and municipalities.

Press Contact Novanetz GmbH & Co. KG

Dennis Kornehl
Tel.:        +49(0) 511 9999 8035
E-Mail:   presse@novanetz.de
Web:      www.novanetz.de

About GFS
GFS has a technically competent team with 20 years’ worth of experience in the field of fibre optic network expansion. From the start of privatisation in the telecommunications sector, GFS has supervised all relevant expansion projects in Germany. GFS offers a high-quality service portfolio from the planning stage, through its implementation to its documentation. Thanks to many years’ worth of experience, GFS has not only successfully completed projects as a general contractor and maintained close relationships with other telecommunications companies, it also knows what is important when it comes to the turnkey handover of projects and networks.

 

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 Disquom:www.disquom.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