Forward-looking restructuring through the formation of an investment management holding company, NAS Real Investment Management GmbH, domiciled in Frankfurt am Main

Integration of managing partners in management investment vehicle

Formation of an AIFMD-regulated co-investment vehicle

Berlin, 13 February 2019. Real Estate Investment and asset manager NAS Invest is reorganising its corporate and shareholder structure in response to the company’s brisk growth during the five years since its formation. For this purpose, its senior management has set up the investment management holding company NAS Real Investment Management GmbH (N A S Real IM), domiciled in Frankfurt am Main, in which the investments in its subsidiaries are rolled up and merged.

This will include, inter alia, integrating Insitu Immobilien Konzepte GmbH into the new platform as a wholly-owned subsidiary, pooling the business activities of the asset management subsidiaries NAS Real Nord-Ost and NAS Real Süd-West, and setting up an AIFMD-regulated vehicle for co-investments. The idea is to make the real estate investment and asset management company yet more efficient in its new-business segment and to customise its range of services until they optimally suit the various investor groups, from family offices to institutional mandates. On the market, the group will continue to operate under the name of parent company NAS Invest.

“We are responding to the organic growth of the company by reorganising our business and optimising our structures accordingly. Doing so will permit us to raise additional synergy effects and to streamline our investments for institutional growth,” said Nikolai Dëus-von Homeyer, Co-CEO, COO and Managing Partner of NAS Invest.

“This way, we are laying the foundation for further expansion and new business, for example in regard to our commitment in big-ticket transactions and in the residential real estate segment. By pooling co-investments in an AIFMD-compliant structure will make it even easier for us to offer attractive real estate investments to institutional investors and family offices and to execute on large club deals,” added Oliver Zimper, Co-CEO, CIO and Managing Partner of NAS Invest.

The reorganisation of the group of companies includes the following measures:

• The holding platform NAS Real IM pools the shareholders’ investments in the group’s subsidiaries in a single platform. Going forward, it will also act as investment manager for funds and club deals.
• The company NAS Co-Invest AG will be formed for AIFMD-regulated co-investments.
• The asset management subsidiaries NAS Real Nord-Ost and N A S Real Süd-West will be merged to become NAS Real Asset Management GmbH, domiciled in Berlin and Frankfurt am Main. The company will be responsible for the asset management and property management of the entire group of companies, which the two companies used to handle separately for each region.
• The company Insitu Immobilien Konzepte GmbH will be integrated into NAS Real IM as a wholly-owned subsidiary focusing on the marketing of residential real estate. In no way will this impact the operating activities of Insitu.
• Die NAS Real Development GmbH (property developments) and NAS Invest Suisse AG (capital syndication) will continue to operate as is.