Commerz Real

Commerz Real AG
legal form	Corporation
founding	2007
Seat	Wiesbaden , Germany
management	Johannes Anschott (Chairman), ; Sandra Scholz, ; Henning Koch, ; Dirk Schuster ; Supervisory Board: Michael Mandel (Chairman)
Number of employees	over 730 (as of 2020)
Branch	Financial service providers
Website	www.commerzreal.com

The Commerz Real AG is the asset manager (asset manager) for investments in tangible assets in the network of the Commerzbank Group . The company manages total assets of 34 billion euros and employs around 730 people at 19 locations in Germany and abroad.

The product range includes, among other things, mutual real estate funds and special funds for institutional investors, as well as needs-based equipment leasing concepts.

Commerz Real is known for its open real estate fund hausInvest , which, with 800,000 investors and fund assets of 16.3 billion euros, is one of the largest real estate funds for private investors in Europe.

Johannes Anschott has been the interim CEO of Commerz Real since June 5, 2020.

Companies

Commerz Real AG was created in 2007 from the merger of the Commerzbank subsidiaries Commerz Grundbesitz Gruppe (CGG) and CommerzLeasing und Immobilien AG (CLI). The range of services includes both investment and financing products. The range of funds includes the open-ended real estate fund hausInvest , entrepreneurial investments (in the focus segments of real estate, aircraft and renewable energies) and institutional investment products that focus on infrastructure and real estate investments. As the leasing service provider of the Commerzbank Group, Commerz Real designs needs-based solutions in equipment leasing as well as individual financing structures for real assets such as real estate, large property and infrastructure projects.

The group employs around 730 people. The main locations in Germany are Wiesbaden and Düsseldorf . In addition, there are 17 other branches in Germany and abroad, including in London , Luxembourg , Paris and Hong Kong .

Services and products

Open real estate fund

Omniturm, Frankfurt

Highlight Towers, Munich

With the hausInvest brand , Commerz Real has been established in the investment segment of open real estate funds since 1972 . The volume of the fund, in which around 800,000 investors are invested, amounts to around 16.3 billion euros. Since its inception, hausInvest has always achieved positive returns, even in the years of the global financial crisis from 2007.

The fund's portfolio includes the Frankfurt hybrid towers One Forty West and Onmiturm , Neue Direktion Köln , HighLight Towers Munich and the largest shopping center in Europe, Westfield London .

In 2019 Commerz Real acquired the entire real estate portfolio of Generali Lebensversicherung , which consists of 49 office, residential and retail properties in prime locations in German cities (“Millennium Portfolio”). The transaction is considered to be the largest package purchase of real estate in the history of the Federal Republic of Germany.

The portfolio amounts to 153 properties (as of June 9, 2020), mainly in the retail (37.8%) and office (40.5%) areas. The fund is predominantly invested in Germany (47.6%); the United Kingdom (13.2%) and France (7.5%) are the most important markets in other European countries; 14.3% of the real estate portfolio is outside Europe (including the United States , Singapore , Australia ).

Entrepreneurial investments

The CFB has more than 180 funds, the issuing house of Commerz Real for corporate investments. The total investment is around 14 billion euros. The range of assets includes a. Commercial real estate, solar funds, aircraft and LNG tankers . In autumn 2014, Commerz Real Kapitalverwaltungsgesellschaft mbH (Commerz Real KVG) , which was founded in accordance with the Capital Investment Code (KAGB), launched its first AIF ( Alternative Investment Fund) under the new CFB Invest brand .