Opportunistic Buyers Home in on German Distress Calls

Germany is a favourite market for opportunistic investors, which have set aside a defined pool of capital for investments in distressed property there. As Phillip Burs, chief executive of Corestate Capital, says: “When it comes to a stressed or distressed deal, you want that to be in a stable, robust economy and Germany is one of the only places in Europe that offers that today.”

From direct properties and asses management mandates to co-investments and non-performing loan purchases, German opportunities are pilling up, their sources including open-ended funds, banks, securitisations and developers.

September 1, 2012 Real Estate Capital