Aachen reason
| Aachen real estate capital management company with limited liability
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| legal form | GmbH |
| founding | 1973 |
| Seat | Cologne , Germany |
| management | Georg Heinze, Frank Wenzel |
| Number of employees | 123 |
| sales | € 28.7 million |
| Branch | Investment company |
| Website | www.aachener-grund.de |
| As of December 31, 2018 | |
The Aachener Grundbesitz Kapitalverwaltungsgesellschaft (short: Aachener Grundbesitz or Aachener Grund ), based in Cologne, is a fund company that indirectly belongs to several Catholic dioceses.
capital
Aachener Grundbesitz was founded in 1973 in order to offer initially only Catholic wealth holders in Germany the possibility of indirect investments in real estate via the then newly launched Aachener Grund-Fonds Nr. 1. Later on, other special funds and the Aachener Spar- und Stiftungs-Fonds were set up as another public fund. Since 2003, funds have also been set up for non-church, institutional investors who have invested mainly social capital. Private persons cannot acquire shares in the investment funds of Aachener Grundbesitz. As of March 1, 2018, the company managed a fund volume of 6.8 billion euros in 17 real estate funds set up for this purpose . The share capital is 10 million euros. The investment focus is the grown inner-city prime retail location at selected locations in Germany. In addition, retail properties in Switzerland and the Netherlands as well as residential properties and nursing homes in Germany are acquired and managed. Properties are acquired for permanent existence. In 2018, the real estate portfolio comprised around 376 properties, mainly in prime shopping locations in the centers of major German cities. The most famous properties in the portfolio include the marble house in Berlin and Anger 1 in Erfurt.
business development
Since 2006, Aachener Grund has quadrupled the value of its managed special assets from 1.7 billion euros to 6.8 billion euros. During this period, the number of funds launched rose from six to seventeen. The real estate portfolio, on the other hand, grew comparatively moderately from 235 to 374 properties. This reflects the current corporate strategy of concentrating the commitment on high-quality top properties in prime retail locations.
Ownership
Aachener Grundgeld manages 15 real estate funds as trustee. The special assets (€ 5.8 billion) and the assets of the Aachen real estate (total assets € 31.4 million) are strictly separated from each other. The Aachener Grundbesitz is 100% owned by the Catholic Church through a shareholding. The sole shareholder is the Aachener Siedlungs- und Wohnungsgesellschaft mbH, based in Cologne. Its shareholders are the Archbishop's Chair in Cologne (41.5%), the Archbishopric in Paderborn (16%), the Episcopal Chair in Trier (13.5%), the Episcopal Chair in Münster (10.7%), the Diocese of Essen (9.4%) and the Episcopal See of Aachen (8.9%). The Aachener Grund supervisory board is made up exclusively of representatives from the financial administrations of German dioceses, the orders and the ecclesiastical banking sector.
Web links
Individual evidence
- ↑ a b Federal Gazette Annual Report 2018
- ↑ Retail real estate - selection from our portfolio . , accessed April 30, 2018
- ↑ Annual accounts. "Aachener" Grund Vermögens-KVG mbH, accessed on July 22, 2018 .
- ↑ Commercial register. Register court Cologne, accessed on April 4, 2012 .
- ↑ http://skydaddy.wordpress.com/2013/11/29/bistum-munster-was-von-der-transparenzoffensive-ubrig-blieb/ accessed November 29, 2013
Coordinates: 50 ° 57 ′ 16.9 ″ N , 6 ° 58 ′ 10 ″ E