At Primevest, we have a clear purpose: Empowering financial futures, enriching our living world. This statement reflects a genuine commitment to transformative change in the real asset sector. We are dedicated to investing in the future of our cities and collecting capital through investment funds that target resilient and robust real asset categories. By addressing some of the greatest challenges of modern life in our cities such as affordable housing, parking and mobility issues in densely populated urban areas, and the impact of the growing and ageing population, we demonstrate our goal to build sustainable communities that not only survive but thrive.

One vision, two labels – Investing in the future of our cities
As Primevest Capital Partners and Holland Immo Group continue our journey together toward a more sustainable and responsible future, we are becoming more aware every day that ESG factors are integral to our investment strategy and essential for our longterm success. Our mission is to shape the cities of tomorrow by aligning our investments with social megatrends and ensuring that our ongoing impact is measured, not only by financial returns, but also increasingly in terms of positive contributions to society and the environment.

Roadmap hightlights 2023
Primevest has set itself ambitious goals, including a commitment to achieve net zero carbon emissions at all its assets under management by 2040, well in advance of the target of the Paris Agreement. While we acknowledge that the road ahead will demand a major and well-coordinated effort, our commitments are grounded in a robust sustainability framework.

Some of our key achievements so far include:

• 11.6% CO2 reduction of the corporate organisation
• Company car e-vehicle directive introduced with the aim of reducing vehicles using fossil fuels within 3 – 4 years
• Submission of first UNPRI Report 2023
• Completion and delivery of green5, a sustainable residential complex in Vienna, Austria
• Primevest acquired a minority stake in Zoncoalitie, a company advancing solar solutions for commercial properties
• Absenteeism rate of 3.13% vs average of 5.0% in the Netherlands and 5.7% in Germany

Impact interviews
In this year’s sustainability report, we also highlight our most impactful and inspiring collaborations and succes stories with our stakeholders, showcasing the significant milestones achieved on our ESG journey.

Our path forward: shaping sustainable investments for the future
Our vision is to be a leader in sustainable urban development, by investing in assets that transform cities while contributing to a low-carbon, socially inclusive, and technologically advanced future. We aim to develop into one of the most attractive employers in the real assets industry, attracting creative talent that embraces our mission with the desire to create positive impact wherever possible. By 2040, we aim to be a carbon-neutral organisation, fully aligned with global efforts to mitigate climate change. Our ESG strategy embeds sustainability into every facet of our investment and asset management approach. Whether it is investing in energy-efficient residential properties, enhancing digital communication infrastructure with minimal negative environmental impact but substantial positive societal impact, or transforming car parks to support cleaner, greener driving technologies, we are committed to delivering resilient, future-proof assets that benefit both people and the planet.

Read our Sustainability report 2023 here >

Gaston Hupkens, Head of Operations: “ESG is not just a check-box; it reflects our long-term vision and forward-thinking approach to drive lasting change in our sector.”

 

For more information, please contact: 

Investor contact
Frank Noé – Head of Capital Formation & Sustainability
[email protected]
+49 172 296 8186

Press contact
Marieke van den Heuvel – Head of Marketing & Customer Experience
[email protected]
+31 6 2063 2425

Today marks the start of the recovery operation for the next 112 cars in the Q-Park parking garage next to St. Antonius Hospital in Nieuwegein. These cars are located on various floors of the parking garage in an area designated as safe by the Nieuwegein municipality.

Safety has been confirmed by experts, and the recovery plan has been approved by the Nieuwegein municipality. To retrieve the cars from the parking garage, a lifting setup will be installed. This setup consists of stacking pontoons to bridge the height difference, combined with a bridge from the floors of the parking garage. The cars will be driven onto the fenced stacking pontoons by a specialized recovery company. A crane will then lift the cars to the ground level. Here, the cars will be inspected by an independent damage assessor.

Michiel Tenge, General Manager of Q-Park, stated: “A month ago, the first 15 cars were recovered. We are pleased that we can now return these 112 cars to their owners. The lifting plan required precise coordination with various parties to ensure safety and protect the investigation area of the Dutch Safety Board (OVV). We look forward to delivering the cars clean and in good condition to their owners shortly. Naturally, we also hope to recover the remaining 14 cars in the investigation area soon.”

Recently, the involved parties – Q-Park, St. Antonius, and Primevest – announced that the term for the loan cars provided to the affected car owners will be extended until September this year. All car owners have been informed via email. The parking garage will remain closed until further notice.

Investor contact
Frank Noé – Head of Capital Formation & Sustainability
[email protected]
+49 172 296 8186

Press contact
Marieke van den Heuvel – Head of Marketing & Customer Experience
[email protected]
+31 6 2063 2425

Prior to joining Primevest Capital Partners, Niko worked as a Fund Management Associate at GLP Capital Partners, focusing on income-producing logistics funds. His previous experience also includes roles as a listed real estate equity analyst at ABN AMRO, involvement in real estate transactions at Catella Corporate Finance, and real estate research at AXA REIM.

Niko holds an MSc in Finance from the University of Groningen, a BSc (Hons) in Investment and Financial Risk Management from Bayes Business School, University of London, and a BSc in Finance from Aalto University School of Economics.

“We are delighted to welcome Niko to our team. His extensive experience, in-depth knowledge of the real estate and financial sectors, and strong academic track record make him a valuable asset to our team. We are confident that Niko’s expertise and innovative approach will further enhance the success of our Parking & Mobility Funds.”, said Bas Magielse, Head of Parking & Mobility at Primevest Capital Partners.

About Primevest Capital Partners – investing in the future of our cities
Primevest is an independent pan-European investment management partner, specialized in robust and innovative investment strategies in real assets. Our extensive network and profound expertise span across various domains, including Parking & Mobility, Connectivity & Data (communication infrastructure), Urban & Student Living and Senior & Care Living (residential).

We believe that investing in mobility, connectivity and urban living prepares cities for the future, while empowering our clients to build a sustainable financial future for themselves and next generations. Currently, we manage over € 3 billion in assets spread across a high-performing investment portfolio consisting of 30 active funds. Read more information via www.primevestcp.com

Press contact Primevest
Marieke van den Heuvel
Head of Marketing & Customer Experience
[email protected]
+31 6 2063 2425

Investor contact Primevest
Peter Helfrich
Managing Director (CEO)
[email protected]

On Sunday, May 26, 2024, the ramps of the Q-Park St. Antonius parking garage near the St. Antonius Hospital in Nieuwegein collapsed. After an intensive investigation using search dogs and drones in the garage, the Utrecht Safety Region confirmed overnight that there are no casualties and that there is no risk of collapse for the entire parking garage. The Dutch Safety Board (OVV) has now started an investigation into the cause of the incident.

Q-Park, the parking operator, and Primevest, the owner of this parking garage, are deeply shocked by the situation and regret that this could happen. “We are relieved that visitors and staff remained unharmed. We would like to express our sincere thanks to the emergency services for their swift and professional response. The cause is currently unknown. We are fully cooperating with the investigation. The safety of our visitors, hospital staff, and Q-Park employees is paramount. Therefore, the garage will remain completely closed until further notice, and access is prohibited.”

Is your car in the garage and do you have questions? The St. Antonius Hospital maintains contact regarding parked vehicles and can be reached at 088 320 30 00. Do you have questions about accessibility or your appointment? Please refer to the frequently asked questions on the hospital’s website.

Press contact Primevest
[email protected]

Primevest Capital Partners has taken a significant step in accelerating high-speed internet access in Bad Nauheim, by acquiring the Fiber Optic Network from Stadtwerke Bad Nauheim for the joint-venture Open German Fiber. This acquisition, in combination with a cooperation agreement with Stadtwerke Bad Nauheim to continue the fiber roll-out in remaining areas, underlines Primevest’s commitment to drive digitalization by investing in the future of European cities.

To ensure a seamless transition for the city, Primevest is partnering with YplaY as its internet service provider in Bad Nauheim, leveraging their expertise to cater to the needs of both the existing network’s owner and its users. Primevest’s strategy as a neutral investor, collaborating with regional operating partners, showcases its capability to deliver smart solutions for German cities seeking to enhance or expand fiber coverage, tailored to specific regional requirements and its local circumstances.

Klaus Kreß, Mayor and Chairman of Stadtwerke, says: “With Primevest’s expertise in Communication Infrastructure investment, we are now able to further expand the fiber optic network throughout our catchment area. This strategic partnership unlocks the financial and operational capabilities needed to provide high-speed internet services for every resident of Bad Nauheim, ensuring our city is well-prepared for the future.”

“The shared objective among all cooperation partners is to establish full coverage of FTTH fiber optic network for all parts of the city, ensuring optimal access for all citizens. This overarching goal serves as the cornerstone for all our investments,” remarks Klaus Leckelt, Senior Acquisition Manager at Primevest.

Read full press release (ENG) >
Lesen Sie die vollständige Pressemitteilung (DE) >

As a pioneer in Communication Infrastructure, Primevest firmly believes in the transformative power of fiber optics to drive digitalization. With the increasing demand for data capacity fuelled by streaming services such as Netflix, HBO and Amazon Prime, as well as the rise of remote working and artificial intelligence, Primevest remains at the forefront of shaping the digital landscape while preparing our cities for the future.

In parallel, Primevest Capital Partners is preparing its second Communication Infrastructure fund, with a focus on Germany to leverage on its pipeline of projects with both existing and new operating partners further solidifying its commitment to innovative investment strategies. For inquiries or to obtain information pre-launch, please contact Frank Noé, Head of Capital Formation & Sustainability, at [email protected]

Read more about Communication Infrastructure and CIF fund 2 >

About Stadtwerke Bad Nauheim
“Naturally powering the future” – under this motto, as Stadtwerke, we have embarked on a sustainable, environmentally-friendly path, making us one of the most innovative energy providers in Hessen. As consumers, you can join us on this journey – towards a carbon-neutral supply for our city and surrounding areas. Read more information via www.stadtwerke-bad-nauheim.de

About Yplay
We are Yplay Germany GmbH, and we have set ourselves the goal of providing our homeland with access to a future-proof and high-performance internet and telephony service, following the motto ‘In the region, for the region. High speed internet provider Yplay from Altenstadt, will take over the network’s operation for Stadtwerke Bad Nauheim. Yplay is also active in several other Wetterau municipalities as well as in the districts of Gießen and Main-Kinzig. Read more information via www.yplay.de

The appointment aims to further strengthen the commercial management of the European parking portfolio of more than 50 parking garages. Prior to this, Brink worked at the Dutch supermarket chain Jumbo, where he has been active in the field of acquisitions and development. Before that, he worked in various positions at CBRE.

Bas Magielse, Head of Parking & Mobility: “We are very pleased that Bjørn is coming to strengthen our parking team, as he has extensive experience in the sector and accumulated a great deal of knowledge. Bjørn is familiar with both the leasing as well as the rental side. Working with him, we can take the commercial management of our assets to the next level, further develop the ESG policy and develop new, innovative investment strategies for our customers.”

About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specializes 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 around 65 professionals manage more than €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 and network, as well as to strengthen each other. This has enabled us 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 29 are currently active. 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
[email protected]
www.primevestcp.com

This strategic transaction marks a significant milestone for Primevest CP and underscores its successful investment strategy in passive communication infrastructure assets.

Primevest CP started investing in the rollout of fibre-optic networks in the Netherlands in a consortium with T-Mobile and Volker Wessels Telecom in 2019. The consortium aimed to accelerate the deployment of fibre optics in inner-urban areas of large Dutch cities, where the level of fibre-optic connectivity significantly lagged behind rural regions. Over the past four years, Primevest CP has made substantial investments in The Hague, Eindhoven, and Rotterdam, successfully establishing a robust portfolio of over 125,000 Homes Passed.

Primevest CP’s activities have contributed to a huge acceleration in the roll-out plans of other industry players in the Dutch market. Recent times have witnessed a profound consolidation within the sector, leading Primevest CP to conclude that it is opportune to divest the FTTH portfolio in order to maximize value for its investors. Several market players showed an interest in acquiring the network. Aside from the financial terms, KPN also portrayed a sensible approach in preserving and strengthening the relationship with T-Mobile as the existing user of the network.

Bas van Dongen, communications infrastructure partner at Primevest Capital Partners, said: “We are proud to have played a pivotal role in accelerating the roll-out of fibre-optic networks in the Netherlands and that we have been able to benefit from the momentum in the market to provide our investors with an attractive return on their investments. Our collaboration with T-Mobile and Volker Wessels Telecom has been instrumental in achieving our objectives and we look back on this partnership with great satisfaction.”

While divesting its FTTH portfolio in the Netherlands, Primevest CP remains committed to investing in other key areas through its joint venture Open German Fiber. Furthermore, Primevest CP is currently establishing its second communication infrastructure fund (“PCIF II”). The company will maintain its focus on investments in Dutch business parks, supporting the digital infrastructure requirements of commercial enterprises, and expanding its investment portfolio in Germany.

About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specializes 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 around 65 professionals manage more than €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 and network, as well as to strengthen each other. This has enabled us 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 29 are currently active. 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
[email protected]
www.primevestcp.com

Those who have not yet submitted an agreement should do so now in order to benefit from the free installation of a fiber-optic connection. Now it’s up to all the residents of Forsbach to play their part. When about 40% of the residents in the area have signed a pre-agreement for a novanetz internet product, the fiber-optic network financed by Open German Fiber will also be installed free of charge in Forsbach, without any installation costs for the residents. To reach this volume, agreements can be submitted until 30 June 2023.

“We welcome and support the willingness of Open German Fiber and novanetz to have a sustainable broadband network installed here in Rösrath. In the first phase, it is up to the residents in Kleineichen and Forsbach to play their part. Seize this opportunity for a future-proof Rösrath”, says Mayor Bondina Schulze.

In order to ensure a reliable fiber-optic internet connection for every household, a fiber-optic network must be installed throughout the area. This state-of-the-art network operates independently of the commonly used copper and cable technology and involves a switch of technology. This means that attempts will no longer be made to get more out of a technology than is physically possible. A completely new infrastructure is being created, or rather, a supply network, which extends through the neighbourhoods and suburbs and connects every household with its own fiber-optic cable.

To make the installation possible, we need the support of the residents. In other projects, we have seen that there are often a few neighbours who are actively committed to meeting the quota. “It is very important that the creation of fiber optics on site becomes the number one topic of conversation for a few weeks”, emphasizes Dennis Kornehl, director of novanetz GmbH & Co. KG.

When the quota is reached in the preliminary marketing phase, Open German Fiber, the partnership between MEAG, Ärzteversorgung Westfalen-Lippe and Primevest Capital Partners, invests in the passive communications network, while the main contractor German Fiber Solution (GFS) arranges the network. The provider, novanetz, then operates the active fiber-optic network.

The goal of all partners is to build a fiber-to-the-home (FTTH) network in large parts of the municipality of Rösrath in the coming years, thus enabling access to fiber optics for all citizens”, says Klaus Leckelt, Senior Acquisitions Manager at Primevest.

After the successful start of this first project, the idea is to include subsequent neighbourhoods in the preliminary marketing phase and to expand them in a timely manner.

More information about the project and the possibility to register directly is available at www.glasfaser-roesrath.de. Information and documentation can also be requested via [email protected], www.novanetz.de or by telephone at 0511 9999 8038.

About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specializes 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 realizing sustainable urban living, improving connectivity, and enabling mobility. Our investment philosophy and vision are energized by the current trend of urbanization 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 around 70 professionals manage more than €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 28 are currently active. 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
[email protected]
www.primevestcp.com

Contact at municipality of Rösrath:
Daniel Jan Moch
Broadband Coordinator
Tel.: +49 (0) 2205 802 404
[email protected]
www.roesrath.de

About novanetz
novanetz is an internet service provider that is specialised in fibre-optic products, which are available when the fibre-optic network is connected in the home. The company offers high-speed internet products that can unleash the enormous potential of new fibre-optic technology with modern, contemporary download and upload speeds that are not achieved by conventional technologies such as DSL or VDSL. Together with their partners, novanetz is actively contributing to the federal government’s efforts to provide direct fibre-optic connections in regions which are not currently connected to an FTTH network. novanetz works with partners such as local energy companies, construction companies or municipalities in the construction and operation of the fibre-optic infrastructure.

Press contact at novanetz GmbH & Co. KG:
Dennis Kornehl
Director
Tel.: +49 (0) 511 9999 8035
[email protected]
www.novanetz.de

About MEAG
MEAG is the asset manager of the Munich Re Group. With their presence in Europe, Asia and North America, they offer their extensive know-how to institutional investors and private clients. MEAG currently manages assets worth approximately €307 billion, of which €55 billion is for private and institutional investor

Press contact at MEAG:
Dr. Josef Wild
Press spokesman
Tel.: +49 (0) 89 2489 2072
[email protected]
www.meag.com

About GFS  
GFS is a skilled team with 20 years’ worth of experience in the field of fibre-optic network construction. Since the start of privatisation in the telecom sector, GFS has supervised all relevant projects for construction in Germany. GFS boasts a high-quality portfolio of projects covering both project planning as well as its execution and documentation. Due to its many years of experience, successfully completed projects as the main contractor, and not least through its close contacts with other communications companies, GFS knows exactly what the turnkey delivery of projects and networks is all about.

• Fiber-optic network expansion for more than 20,000 private households in several German states
• 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 national fiber-optic network. As Primevest CP’s principal bank in Germany, Hamburg Commercial Bank has integrated the program into this financing. Under the current project, the necessary infrastructure will be expanded and leased to the network operator Vodafone, which will provide more than 20,000 private households with fiber-optic network connections (FTTH: fiber-to-the-home).

“We are pleased to have closed our fourth financing in 18 months with Primevest CP – a highly experienced investor in digital infrastructure,” said Inka Klinger, Head of Project Finance at Hamburg Commercial Bank. “In total, these projects will enable more than 120,000 private households to be equipped with fiber optic cables. Given the still insufficient supply of this modern technology in Germany, this is an important step towards nationwide availability with fiber optic cables.”

Bas van Dongen, communications infrastructure partner at Primevest Capital Partners, said: “With the fourth financing we have now secured the debt funding for the complete investment portfolio of the Primevest Communication Infrastructure Fund. The willingness of HCOB to continue with financing Primevests’ projects shows the good relationship and that at our way of investing in fiber-optic networks is highly appreciated providing stable and secure cash flows. We are looking forward to further expanding our investment portfolio in the coming period with the launch of PCIF II.”

Copyright picture: Hamburg Commercial Bank 

About Primevest Capital Partners
Primevest Capital Partners is a pan-European investment boutique that specializes 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 realizing sustainable urban living, improving connectivity, and enabling mobility. Our investment philosophy and vision are energized by the current trend of urbanization 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 around 70 professionals manage more than €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 28 are currently active. 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
[email protected]
www.primevestcp.com

About Hamburg Commercial Bank
Hamburg Commercial Bank AG (HCOB) is a private commercial bank headquartered in Hamburg, Germany. 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 pan-European project financing of renewable energies and digital infrastructure. HCOB offers individual solutions for international corporate clients as well as a focused corporate customer 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 visit www.hcob-bank.de or contact:

Katrin Steinbacher
Head of Press Office
Phone 040 3333-11130
[email protected]

Thomas Schwitalla
Press spokesman
Phone 040 3333-11425
Mobile 0170 48 68 137
[email protected]