The project is located on the corner of Calle Vicente Brull and Calle Museros in Valencia. It will comprise two buildings with 90 residential units and a basement parking garage with 58 parking spaces. Both buildings will have several chill-out areas, a swimming pool and children’s playground on the roof deck, as well as storerooms and a bicycle shelter in the basement. In addition, each building will provide space for a gym and co-working. The property will be built for rent (Build-to-Rent) and will be completed by the end of 2024. Construction is set to start in Q3 2022.

Located to the east of Valencia’s city centre, the project is 300 metres from the marina and 800 metres from the beach in the Poblats Maritims district. Aside from being an attractive tourist location, this district has become a hub of technological innovation due to the presence of many start-ups. Two tram lines and several bus lines provide a direct connection to the city centre. In addition, many facilities for daily needs can be found in the immediate vicinity. These include several supermarkets, schools, various museums and leisure centres.

Valencia is located in the eastern part of Spain and is the third largest city in the country after Madrid and Barcelona. The metropolitan region comprises about 1.5 million people, of whom around 800,000 live in the city of Valencia itself. The city of Valencia is home to the University of Valencia and the Polytechnic University of Valencia, two of Spain’s top 10 Universities with over 76,000 students.

The residential buildings will meet modern energy-efficient standards (an A energy rating and BREEAM Very Good) and it will make use of renewable energy sources, such as a photovoltaic installation (solar panels) to generate electricity and a centralised aerothermal system for domestic hot water, state-of-the-art LED lighting in all communal areas and a waste disposal area as a clean point for recycling waste, plastic, glass and paper.

Olaf Steinbusch, Senior Acquisition Manager at Primevest Capital Partners: “We are very pleased that, in partnership with Colliers, we have been able to acquire a second residential property in Spain. This project in Valencia offers a very stable investment opportunity due to the combination of modern high-quality apartments situated at a fantastic location and a good ESG rating. It mainly comprises 1-bedroom apartments to meet the demand of affordable, sustainable and modern rental homes with all kinds of amenities and communal areas. We look forward to expanding our portfolio further with sustainable and affordable homes in the residential market in Spain.”

Earlier this year, Primevest announced its first residential acquisition of €21 million in Seville and marked its entry into the Spanish residential market. Primevest has identified Spain as a market to expand its residential portfolio and will further build a sustainable residential portfolio across Spain in selected cities, such as Alicante, Palma de Mallorca, Bilbao, Cádiz, A Coruña, Granada, Madrid, Malaga, Murcía, Salamanca, Santander, Valencia, Vigo and Zaragoza.

Primevest started to invest in residential real estate in 2007 and has built up a residential portfolio of approx. €1 billion across Europe, focusing on Austria, Denmark, Germany, Spain and the Netherlands. Primevest seeks investments valued between €15 and €60 million, mainly for segregated residential investment accounts for individual clients, primarily pension funds.

Colliers acted as financial and real estate advisor in the transaction, Drees & Sommer as technical consultants and CMS Albiñana & Suárez de Lezo as legal advisor.

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
[email protected]
www.primevestcp.com

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 [email protected] 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
[email protected]
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:   [email protected]
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.

The project that Primevest has acquired will comprise 125 residential units with a unit mix of between 2 to 4 bedrooms, and two commercial units spread over 3 buildings. It is located to the south-east of Seville’s city centre and forms part of a new development area in the Palmete neighbourhood. It will also include a garage with 199 parking spaces on two levels and 125 storerooms in the basement. It is part of the largest residential development under construction in Spain: Jardines Hacienda Rosario. The greater development will comprise seven buildings with over 1,000 homes and feature an impressive 37,000 m² of resort-style amenities: two swimming pools, six padel courts, a soccer field, a basketball court, a children’s playground, a running circuit of more than one kilometre, a large social club, and landscaped gardens – all of which to be enjoyed by the future tenants.

Olaf Steinbusch, Senior Acquisition Manager at Primevest Capital Partners: “We have identified Spain as a market to expand our residential assets and will further build on our sustainable portfolio of residential buildings across the country in selected cities for our mandates. Aside from Seville, we also see many attractive investment opportunities for our investors in cities such as Alicante, Palma de Mallorca, Bilbao, Cádiz, A Coruña, Granada, Madrid, Malaga, Murcía, Salamanca, Santander, Valencia, Burgos Vigo and Zaragoza. This project in Seville offers a very stable investment opportunity due to the combination of modern high-quality apartments and a good ESG rating and will be certified by BREEAM. We look forward to expanding our portfolio in the residential market in Spain.”

Peter Renk, Head of Residential at Primevest Capital Partners: “As an investor with a long-term view, we are also interested in ’vivienda protegida’ [sheltered housing] investments and underline our sustainable investment approach by investing exclusively on the basis of equity. Besides acquiring affordable and modern housing, our focus is on ESG-conformity and contemporary floor plans for families.”

Primevest started to invest in residential real estate in 2007 and has built up a residential portfolio of ca. 1 billion euros across Europe, focusing on Austria, Denmark, Germany, Spain and the Netherlands. Primevest seeks investments valued between 15 and 60 million euros, mainly for segregated residential investment accounts for individual clients, primarily pension funds.

Having around 700,000 inhabitants and being the capital of Andalusia, Seville is the fourth largest city in Spain after Madrid, Barcelona and Valencia. Seville’s old town is the largest in Spain and one of the largest historical centres in Europe, visited by approx. 2.5 million tourists every year. The university has over 70,000 students and is one of the largest universities in Spain. Seville forms the economical centre of the region and has a very well developed infrastructure network. Many companies are represented in the city such as Airbus, FASA-Renault, Endesa Generación, the brewery Heineken and pharmaceutical company Bida Farma.

The project site is located in the Palmete neighbourhood of district Cerro-Amate, south-east of Seville’s city centre, which can be reached by public transport in about 30 minutes or by car in just 15 minutes. All basic amenities, such as supermarkets, pharmacies, a hospital, several schools, restaurants and the Sevilla Este shopping centre are located nearby.

The residential buildings will meet modern energy-efficient standards and each block will be equipped with solar panels on the building’s roof for electricity. Heating and cooling takes place via heat pump technology, no fossil fuels are used. The building is connected to a separate water network, so rainwater and waste water are collected separately. All communal areas use state-of-the-art LED lighting. Seville city council collects waste and recyclables separately and all buildings will have areas for sorting waste, plastic, glass and paper.

CMS (LDD), ARCADIS ESPAÑA Design & Consultancy (TDD) and Enrique Molina Campos (Messures) advised Primevest CP on the acquisition. Aedas Homes has been advised by law firm Garruiges.

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
[email protected]
www.primevestcp.com

About AEDAS Homes
Spanish residential developer AEDAS Homes went public in 2017 and celebrated its fifth year in 2021. In that time, the company has put over 10,000 units on the market and has become the benchmark homebuilder in Spain, during a cycle characterised by adherence to rigorous professional standards.

The company has a fully-permitted landbank to build over 17,600 homes in Spain’s major economic centres and key residential markets: Madrid, Catalonia, the East & Balearic Islands, Andalusia, Costa del Sol, and the North.

For more information: https://www.aedashomes.com/en or via e-mail: [email protected]

AEDAS Homes corporate video: https://www.youtube.com/watch?v=kkyf0TgNmyY

The project will consist of 89 residential units spread over nine buildings and is scheduled for completion in Q2 2024. Ranging in size from approx. 48 m² to 142 m², the apartments will have two to four bedrooms each with a terrace, balcony or loggia. A single-storey basement will include an underground garage with 90 parking spaces, storage rooms, bicycle racks and technical equipment. The complex will be constructed around a high-quality communal courtyard.

Victor Ghalayini, Transaction Manager at Primevest CP: “This project is a great fit for our portfolio thanks to its excellent location on the east side of the city, which is characterised by residential properties, the newly designed Steingrube Park and lively neighbourhoods. The property will appeal to a wide range of households, including singles and couples as well as families. Demand is particularly strong from the latter due to a good selection of childcare facilities and schools nearby.”

The Elisabethgarten is being built to the energy-efficient KfW-55 EE standard and forms part of the new Ostend city district, located on the eastern outskirts of Hildesheim between the RB79/RE10 railway line. The new neighbourhood comprising some 650 apartments, is being built on the former site of the Mackensen barracks.

Hildesheim city centre is easily accessible, and the location is well connected to the surrounding area via the B1 and B6 and the nearby A7 autobahn. Ostend will also have a direct connection to the public transport network through a dedicated bus stop. Several day care centres, primary and high schools are situated within approx. 1.5 km of the property and a new square in the immediate vicinity will offer retail and other services along Senator-Braun-Allee.

Hildesheim has a population of over 100,000 and is located approx. 30 km southeast of Hanover, the capital of the German state of Lower Saxony, with more than 500,000 inhabitants. Hildesheim is well connected to the rest of Germany, and its main railway station is one of the ICE stops on the Kassel-Berlin line while the A7 Flensburg-Würzburg motorway runs nearby.

Catella Property Consultants GmbH advised the transaction on behalf of the seller.

Diane Becker, CEO at Catella Property Consultants: “Primevest Capital Partners are the perfect partner for the Elisabethgarten project which will make a significant contribution to the regeneration of the Ostend district.”

CMS Hasche Sigle (LDD) and Drees & Sommer SE (TDD) advised Primevest CP on the acquisition.

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 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
[email protected]
www.primevestcp.com

The complex of approximately 7,600 m² consists of 48 privately financed and 29 subsidised apartments and will be built within a newly emerging residential area. The modern designed and light apartments range between approximately 45 m² to 112 m², each with its own terrace or balcony, and will have two to five rooms to accommodate up to five people. The buildings will have their own underground car park with a total of 64 parking spaces.

The project is located in a green and quiet residential area of Dortmund. Shops and  numerous medical practices are only 500 meters away, with several kindergartens and school facilities within a kilometre for different age groups. Local public transport connections are very good, with a bus stop nearby and the metro and S-Bahn overground stations also within walking distance. The close proximity to the nearby A 45 motorway also offers a fast connection to the regional and national road network.

Victor Ghalayini, Acquisition Manager at Primevest CP, said: “The demand for subsidised housing in Dortmund is very high, with limited supply available, so we are pleased to be part of the solution to the city’s housing problem. Since 2013, the population of Dortmund has grown by around 3.5%, due largely to the number of young students and professionals who have moved to the city to work or study. It is difficult for this group of 18 to 30-year olds to find modern and affordable housing and therefore our focus in this project is on two to three-room apartments, which are the most sought after.”

The residential buildings will be built to the energy-efficient KfW (BEG) 55 EE standard to attain a class A energy certification. The underfloor heating of the apartments will be partly supplied from renewable energy sources .

The city of Dortmund is located in the centre of the state of North Rhine-Westphalia on the northeastern edge of the Ruhr region. Dortmund has approx. 600,000 inhabitants and is the largest city in the Ruhr and an important economic and commerce centre and transportation hub. The city is a favoured location for mid-sized business in sectors such as logistics, IT, science, healthcare, biomedical, micro and nanotechnology. Dortmund’s Technical University has around 35,000 students.

REIUS Rechtsanwälte (LDD), Management & Advisory GmbH (TDD) and DGI Real Estate were commissioned for the due diligence (DD) on the project.

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
[email protected]
www.primevestcp.com

Frank Noé has around 17 years of experience in business development, capital markets and alternative investments and joins Primevest from BrickVest, an affiliate of PATRIZIA AG, where he was Chief Sales Officer. Prior to PATRIZIA, Noé worked at Zinsbaustein, Castlelake, Shinsei Bank Group, Golding Capital Partners and Ernst & Young.

Frank Noé, Head of Capital Formation at Primevest CP: “Primevest aims to grow its assets under management sustainably across all its target European real asset markets, including contemporary, affordable homes, communication infrastructure and car parks. We are preparing the launch of several new funds in 2022, such as the Communication Infrastructure Fund II and the European Parking Fund V. Favourable market forecasts for each of these sectors in the next few years and strong momentum make them ideal alternative real asset classes for investors looking to diversify their portfolios with upside potential. “

Primevest Capital Partners Holding has €2.8 billion of assets under management including sector-focused funds, individual institutional mandates and a portfolio of investments targeting private investors as well as family offices following the acquisition of Holland Immo Group earlier this year.

Peter Helfrich, Managing Partner at Primevest CP, said: “The new role is fundamental to our future growth strategy – and Noé is a perfect match for us. He brings a wealth of experience and knowledge of institutional investor requirements. We are pressing ahead with our plans for new funds and with Frank on board are actively seeking new capital. Frank’s broad expertise across the European real asset sector means that we can expand the business, develop innovative investment strategies for clients which will generate long-term, secure income returns and steady capital growth.”

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
[email protected]
www.primevestcp.com

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
[email protected]
www.primevestcp.com

Stadt Königswinter

Albert Koch
Leiter Tief- und Gartenbau
Tel.: +49 (0) 2244 889-119
[email protected]

German Fiber Solution

Stephan Neumann
Tel. +49 4172. 431 70 35
[email protected]
germanfibersolution.de

Disquom 

Sven Habeck
Tel.:  +49 22448799490
[email protected]
www.disquom.de

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
[email protected]
www.primevestcp.com

Municipality Hüllhorst

Michael Kasche
Bürgermeister
Tel.: +49(0)5744 – 9315100
[email protected]
www.huellhorst.de

Gustav internet

Dennis Kornehl
Tel.: +49(0) 511 9999 8035
[email protected]
www.gustavinternet.de

The 4,500 sqm complex, formerly occupied by Sparda-Bank Südwest, is located on the corner of the Beethovenstrasse and Sulzbachstrasse in the heart of the inner-city district of St Johann. It comprises three historic office buildings dating from 1909/1910 which are being converted into a residential complex with commercial units on the ground floor. The first floor totalling ca. 650 sqm is already rented to a physiotherapy practice. The transformation will be carried out in strict accordance with the municipality’s regulations for the preservation of historic monuments.

Danica Cicmil, Fund & Acquisition Manager at Primevest CP, said: “Primevest Capital Partners sees great potential in the city of Saarbrücken due to its geographic location, well-developed education sector and the strength of its economy which make this development a compelling investment proposition. It is also rewarding to be involved in the restoration of these historic buildings and bringing them back to life while providing much needed modern and affordable accommodation for families and young people.”

Upon completion the complex will provide 78 residential units across five floors and up to three commercial units on ground level. The apartments range in size from 22 to 111 sqm, with an average of 47 sqm. In addition, there will be 26 car parking spaces, some with EV charging points, and 167 bicycle parking spaces together with a communal laundry, and storage space totalling 260 sqm in the basement. After the renovation, the residential building will meet the energy requirements of an ‘energy-efficient monumental house’.

Saarbrücken is the capital of the federal state of Saarland and forms its economic, political and cultural centre. It is part of the QuattroPole city network comprising Luxembourg, Metz, and Trier, and has the largest population and biggest economic and cultural centres of the four cities. Saarbrücken itself has 330,000 residents while the surrounding region has a population of more than 1.2 million. The city benefits from very good motorway connections across Europe and the highspeed ICE Frankfurt-Saarbrücken-Paris railway line.

Saarbrücken is also an important science and research location thanks to the presence of a large number of scientific institutes and research facilities. In addition to six universities with over 20,000 students, the city also benefits from cooperation with nearby French universities and around one third of its workforce is employed in the science sector. The city is also home to a number of regional business/research alliances. For example, automotive parts manufacturer ZF Friedrichshafen AG opened the “ZF AI Center” in Saarbrücken university’s Scheer Tower in a strategic partnership with Helmholtz Center for Information Security (CISPA) to conduct research on artificial intelligence and cybersecurity in the automotive industry.

Primevest Capital Partners was advised by brokerage firm Raber Immobilienberatung GmbH. Legal due diligence was carried out by Deloitte Legal Rechtsanwaltgesellschaft GmbH and technical due diligence by DGI Real Estate Management & Advisory GmbH.

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
[email protected]
www.primevestcp.com

• 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
[email protected]
www.primevestcp.com