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Invest in Germany

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Standard Land is passionate about seizing the once-in-a-century opportunity in the german real estate market

Leveraging remarkable opportunities to achieve exceptional returns and create sustainable value.

About us

Standard Land is a leading asset management platform focused on investment solutions along the complete real estate value chain. We serve institutional clients, sovereign wealth funds and professional investors worldwide. By leveraging our deep market expertise and extensive network, we identify high-potential investment opportunities.

 

We offer unique investment strategies for income-generating assets and distressed opportunities especially in the German real estate market. Our approach centers on sustainable value creation, with a dedicated emphasis on providing superior returns for our investors.

 

At Standard Land, we believe in building a sustainable future while delivering exceptional returns. Join us as we drive growth, create lasting value, and transform the real estate landscape for generations to come.

Market insights

Current market dislocation is offering significant opportunities for fast movers with strong execution and development capabilities.

“Germany has a massive housing shortage of 600,000 missing units adding 400.000 units each year” (2024)”

“Project developers are wiped out with the business model fully hit by price declines, rising raw material prices and limited availability of leverage”

“Including Signa, Gerch, Centrum, Euroboden, Helma, covering 60-70% of the development market volume.”

“Difficult market environment has decreased the number of potential competing investors. Only the few strong and successful that did not over-leverage will survive.”

“Continuously increasing demand for residential rental space meets limited supply, resulting in significant rental growth”

“Amid eurozone inflation falling faster than anticipated, European financial markets are expecting an earlier rate cut from the European Central Bank.”

Our Vision

Market Consolidation

Unlocking Value and Developing Strategic Growth

Market Opportunity

Consolidation of distressed German developers and asset managers, capitalizing on attractive valuations.

Synergy Creation

Vertical integration of developers and asset managers, streamlining project execution and optimizing portfolio performance.

Scalability

Efficient platform growth, providing significant economies of scale across operations and deal flow.

Strong Returns

Established track record, executing various value-add transactions across the German market.

Expertise and Resources

Seasoned team, combining experience in distressed asset turnaround with deep local market knowledge.

Value Creation

Strategic acquisitions, each adding long-term value to portfolio and aligns with growth objectives.

Invest in Germany

Market opportunity in Germany

Germany: A global economic powerhouse with unrivaled stability and growth potential

Global economic leader

3rd largest economy globally, largest in Europe. EUR 4.12 trillion GDP in 2023 (1. US, 2. China).

AAA credit rating

Holds a top AAA rating (S&P, Fitch, Moody’s).

Trade surplus & export powerhouse

3rd largest exporter globally.

Top per capita export value

Highest global export value per capita.

Low unemployment rate

Low unemployment around 6%.

Government debt to GDP

Approx. 63.6% vs 145% in Italy, 120% in USA and 250% in Japan.

Industrial & manufacturing excellence

Global leader in automotive and engineering sectors.

Stable legal & regulatory environment

Renowned for stability, Germany's legal system is among the most trusted worldwide.

Unprecedented Opportunity Created by Converging Factors

Brief introduction to the unprecedented opportunity in the German real estate market. 

Building Cost

Decreases as Covid related problems such as supply chain issues subside. Falling price expectation index.

Interest Rate

Decreases as inflation was avoided and economy is stimulated. European Central Bank cut interest rate by 0.25% in 2024, continuing trend.

Rent

Increases as limited supply meets strongly growing demand. >55% increase in Berlin compared to 20213

Competition

Defaulted due to overleverage and previously high interest rates. Multiple insolvencies, including: Signa, Gerch, Centrum, Euroboden, Helma.

Our Offerings

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Off Market Pipeline

a.
Well-diversified seed pipeline in terms of locations, strategic acquisitions, ready for fast capital allocation.

b.
Specialized team across the real estate value chain with access to “off-market” deals.

c.
>5bn EUR seed pipeline in the DACH region across several high opportunity sectors.

Diversified Return Profile

a.
Holistic investment approach via initially four fund vehicles.

b.
Diversified product portfolio targeting up to 30% IRR p.a.

c.
Immediate access to stable cash flow via yielding Real Estate portfolio .

Highly Focused Investment Strategy

a.
Focus on special asset opportunities with robust market potential, available at substantial discounts as well as favourable financing options.

b.
Strategic acquisition of undervalued assets, enabled by wave of real estate insolvencies, allows for robust returns post-restructuring.

c.
Sector-agnostic approach to tap into diverse opportunities along the real estate value chain.

Products

Comprehensive portfolio capturing the full real estate value chain and market spectrum
1.

Capital Multiplication Real Estate Fund

Acquisition and completion of heavily mispriced late-stage residential project developments as well as larger land banking projects in G7 cities and surroundings

2.

Immediate Income
Generating Fund

Acquisition and manage-to-ESG of large portfolios with residential focus at historically low multiples. High value appreciation potential due to strong rental growth.

3.

EcoYield Real
Estate Fund

Construction of ESG-compliant fund, with buy and hold strategy. Focus on affordable housing in the Top-7 cities in Germany.

TARGET VOLUME

Immediate Income Geberation Fund
Capital Multiplication Real Estate Fund
Ecoyield Real estate Fund
3.5bn EUR GAV
≥1.8bn EUR equity
2.5bn EUR GAV
≥1bn equity
3bn EUR GAV in first 3 years
1.5bn EUR equity in first 3 years

Net Target EM*

Immediate Income Geberation Fund
Capital Multiplication Real Estate Fund
Ecoyield Real estate Fund
>2x
>3x
Evergreen concept

Net Target IRR p.a.*

Immediate Income Geberation Fund
Capital Multiplication Real Estate Fund
Ecoyield Real estate Fund
15%
30%
10%

Cash-on-Cash*

Immediate Income Geberation Fund
Capital Multiplication Real Estate Fund
Ecoyield Real estate Fund
8%
10%
5%

AVG. LTV

Immediate Income Geberation Fund
Capital Multiplication Real Estate Fund
Ecoyield Real estate Fund
Up to 60%, 80% at later stag by junior bonds
Up to 50%, 75% on selected late-stage projects
60%

KEY INVESTMENT RATIONALE & MARKET OVERVIEW

Standard Land as unique platform to access highly attractive real estate investment opportunities in the DACH region and Central Europe
01

EXCEPTIONAL INVESTMENT OPPORTUNITIES

Standard Land is an asset management platform that is offering a holistic investment approach via initially four dedicated fund vehicles:

(i)Immediate Income Generating Residential – IIGG Residential (Manage-to-ESG/Residential);

(ii)Immediate Income Generating Commercial – IIGG Commercial (Value Add);

(iii)Capital Multiplication Real Estate Fund– CMRE (Development/Opportunity);

(iv)EcoYield Real Estate Fund

02

EXCLUSIVE ACCESS TO OFF-MARKET TRANSACTIONS IN DISTRESSED REAL ESTATE

Standard Land is offering in a blitz-scaling approach access to off-market investment opportunities to the fundamentally strong, but first overleveraged and now in particular in the field of residential assets and developments highly oversold market.

Investment into yielding assets at historically low multiples and significant value creation potential as well as highly profitable projectdevelopments with very attractive risk / return profiles.

03

STANDARD LAND IS THE LEADING “DEALMACHINE” WITH LARGEST NETWORK AND SOURCING CAPABILITIES IN THE COUNTRY

Founded and led by entrepreneur Rainer Schorr, one of the most experienced investors in the real estate market across the DACH region and the main capitals in Central Europe (e.g. Berlin, Warsaw, Prague, Bratislava), supported by a dedicated team.

Rainer Schorr has built since 2017 the 2nd largest private construction land bank in Europe (after Catholic Church), providing for unchallenged market knowledge and access to deal pipeline.

04

GERMANY’S NUMBER ONE EXPERT TEAM IN REAL ESTATE

Standard Land was able to assembled a dedicated team of best-in-class investment professionals with large experience and execution power around the founder core team with high specialization and deep market knowledge in relevant asset classes of development, yielding value add and ESG.

High alignment of interest through up to 3% General Partner co-investment and equity participation of core team in General Partner entities.

05

EXCEPTIONAL RISK-RETURN POTENTIAL DRIVEN BY UNIQUELY DISTRESSED OPPORTUNITIES

Highly attractive target risk/return profile*:

(i)Yielding real estate funds IIGG (residential) and IIGG (commercial): 15% net target IRR p.a. + 8% cash-on-cash on existing rents;

(ii)Capital Multiplication Real Estate Fund : 30% net target IRR p.a. + 10% ongoing cash-on- cash on portfolio sales;

(iii)EcoYield Real Estate Fund: 10% net target IRR p.a. + 5% cash-on-cash distributions form ongoing rents.

Target LTV of 50-60% throughout all asset classes, up to 80% LTC in IIGG upon interest rates.

06

REGULATED, TAX-OPTIMIZED LUXEMBOURG AND ADGM INVESTMENT STRUCTURE

Market-standard regulated Luxembourg SICAV-RAIF investment structure to ensure highest governance standards with regard to due diligence, custody, value appraisal, conflict of interest and ESG monitoring standards.

Tax optimized and eligible securitization feeder structure in order to ensure regulatory compliance of different sorts (German institutional VAG/SGB, sharia compliant, ESG regulated).

* All target return figures are net of all fees, costs and taxes.

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Our Team

INTRODUCTION TO TEAM

Senior team of executive board members and investment professionals at all levels best in class, with strong track record and full dedication to make best use of disrupted market.

Supervisory

Rainer Schorr

Chairman

Board of Management

Heiko C. Frantzen

CFO

Jan Rouven Künzel

CEO

Luis Walther-Kraft

CIO

Department Heads

Lukas Juckel

CEO

Ragna Raue

CFO

Moritz Alkofer

CIO

Get in touch

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Europe is the best market in the world and germany the hottest real estate market.

Stephen Schwarzman, June 2024

Our Offerings

Unlocking real estate potential through strategic diversification

Access a €5bn off-market pipeline in the DACH region, driven by a specialized team with exclusive deal flow.
01

Off Market Pipeline

a.
Well-diversified seed pipeline in terms of locations, strategic acquisitions, ready for fast capital allocation.

b.
Specialized team across the real estate value chain with access to “off-market” deals.

c.
>5bn EUR seed pipeline in the DACH region across several high opportunity sectors.

02

Diversified Return Profile

a.
Holistic investment approach via initially four fund vehicles.

b.
Diversified product portfolio targeting up to 30% IRR p.a.

c.
Immediate access to stable cash flow via yielding real estate portfolio .

03

Highly Focused Investment Strategy

a.
Focus on special asset opportunities with robust market potential, available at substantial discounts as well as favourable financing options.

b.
Strategic acquisition of undervalued assets, enabled by a wave of real estate insolvencies, allows for robust returns post-restructuring.

c.
Sector-agnostic approach to tap into diverse opportunities along the real estate value chain.

Concept
Immediate Income Geberation Fund
Capital Multiplication Real Estate Fund
Ecoyield Real estate Fund
Acquisition and manage-to-ESG of large portfolios with residential focus at historically low multiples. High value appreciation potential due to strong rental growth.
Acquisition and completion of heavily mispriced late-stage residential project developments as well as larger land banking projects in G7 cities and surroundings.
Construction of ESG-compliant fund with buy and hold strategy. Focus on affordable housing in the Top-7 cities in Germany
TARGET VOLUME
3.5bn EUR GAV
≥1.8bn EUR equity
2.5bn EUR GAV
≥1bn equity
3bn EUR GAV in first 3 years
1.5bn EUR equity in first 3 years
Net Target EM*
>2x
>3x
Evergreen concept
Net Target IRR p.a.*
15%
30%
10%
Cash-on-Cash*
8%
10%
5%
AVG. LTV
Up to 60%, 80% at later stag by junior bonds
Up to 50%, 75% on selected late-stage projects
60%
Portrait photo of Rainer Schorr

Rainer Schorr

Co-Founder & Chairman

Executive Profile

Distinguished real estate executive and graduated engineer with over 40 years of experience, specializing in property development, fund management, and M&A. Completed EUR > 7bn in developments, over 1000 projects, mainly in Germany. Established 20 different funds ranging from EUR 50m to EUR 1bn for pensions funds, insurance groups, sovereign wealth funds and UHNWIs.

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Founding Achievements - Public

  • DLE Group AG – Founder, member of the board, and anchor shareholder
    Largest land bank in Europe after the catholic church
  • SIAG Schorr Immobilien AG – Founder, owner, and managing director
  • GxP German Properties AG – Founder and main former shareholder 
    Led successful IPO in 2016 with MM Warburg, Frankfurt Stock Exchange
  • Accentro Real Estate AG (formerly Estavis AG) – Founder, main former shareholder, and CEO
    Orchestrated IPO in 2007 with J.P. Morgan Chase, Frankfurt Stock Exchange
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Notable M&A Transactions

  • Successful management of more than 20 closed end real estate funds across Germany
  • Aengevelt Immobilien GmbH & Co. KG – Managing director
    One of the largest commercial real estate agents in Germany
  • Treuhandanstalt Berlin and Dresden – Managing director
Portrait Foto Heiko C. Frantzen

Heiko C. Frantzen

CFO

Director of Record Asset Management GmbH
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Management of an infrastructure fund of funds in Luxembourg and two liquid fund of funds
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Managing Director of RAM Strategies GmbH
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Former Managing Partner at SFS RE GmbH
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Operational and strategic development for ESG-compliant thematic funds
Dr. Marcus Schulz

Dr. MARCUS SCHULZ

CEO

Previously CEO of DLE Poland
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Previously CEO of Cresco
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Real Estate Finance at Clifford Chance London and Düsseldorf

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Transacted >2bn EUR over all asset classes

Portrait Luis Walter-Kraft

Luis Walther-Kraft

CIO

Managing Director of QUEST Investment Partners
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Former Head of Transaction & Partnering
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Deep knowledge about the French, Belgian & Italian Real Estate Market
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Former GLL Real Estate Partners – Real Estate Expert for various European markets