CA Immo Germany

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CA Immo Germany

logo
legal form GmbH
founding 2001
Seat Frankfurt am Main
management Bernhard H. Hansen ( Managing Director Chairman), Gregor Drexler (Managing Director Asset Management), Matthias Tripp (Commercial Managing Director)
Number of employees 140 (2008)
sales 221.2 Mio . EUR
Website https://www.caimmo.com/de/

The CA Immo Germany GmbH (until 2011 Vivico Real Estate GmbH ) is a property company with about 220 properties . The company was founded in 2001 under the name Vivico in order to sell properties from former railroad holdings in a profitable way through a later sale of the company. The company has been part of the Austrian real estate company CA Immo since December 2007 .

Business areas

CA Immo Deutschland GmbH is active in the fields of portfolio management, development and trading.

Shareholder

From the founding of the company in 2001 to December 2007, the owners of the former Vivico were the federal railway assets (94.99%) and the Federal Republic of Germany (5.01%). The company was then sold to the Austrian listed company CA Immo for € 1.03 billion .

background

As part of the German reunification , the Deutsche Reichsbahn and Deutsche Bundesbahn merged to form Deutsche Bahn AG . In return for a partial repayment of debts of the two railways and for investments in infrastructure measures, Deutsche Bahn AG transferred a large number of properties to the federal government that were not necessary for actual rail operations. These properties were brought into a special federal fund, the Federal Railroad Fund .

Vivico emerged from Eisenbahnimmobilien Management GmbH (EIM). This was founded in 1996 as part of the rail reform. At that time around 3,000 former railway properties remained with the federal government . The EIM's mandate was to sell them over a period of 15 years. After the sale of around 1,000 properties, it became clear that the targeted income could not be achieved in the context of a purely liquidation contract. In addition, the sale of larger areas could have overstrained the absorption capacity of local markets.

Vivico Real Estate GmbH was therefore founded in 2001 . Instead of selling individual properties - according to the new business model - the federal government generates its revenues by building up a company's value and then through privatization . Vivico currently employs around 125 people. It has branches in Berlin , Frankfurt am Main , Cologne and Munich . She is also a partner in the construction management company omnicon .

privatization

After an exploratory phase in 2005, the body responsible for privatization investment bank advised Sal. Oppenheim to a smashing of the company, which rejected the owners of Vivico. In 2007 they decided to start selling Vivico under the leadership of Sal. Oppenheim. Sal. Oppenheim advised against going public. A bidding process for the sale of the company was carried out, which was concluded on December 4, 2007 with the sale to the Austrian company CA Immo . The sale became legally binding on December 28, 2007 after approval by the Austrian competition authority and special approval from the Federal Ministry of Finance. The company has been operating under the name CA Immo Deutschland GmbH since 2011.

property

CA Immo Deutschland has numerous office buildings in central inner-city locations in major German cities (including Berlin, Düsseldorf, Frankfurt, Munich). CA Immo developed and built many of the buildings itself, and acquired others on the market. The most famous buildings in Berlin include the Tour Total and the John F. Kennedy House, in Frankfurt Tower 185 and the Skyline Plaza, and in Munich the Skygarden and the Kontorhaus.

In addition to maintaining and realizing office properties, CA Immo Deutschland focuses on the development of urban, mixed-use city quarters. These are large, previously industrially used inner-city areas. These include u. a. in Düsseldorf the BelsenPark, in Berlin the Europacity, in Frankfurt the Europaviertel, in Mainz the Zollhafen and in Regensburg the Marina Quartier.

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