Nox Capital Group acquires 1,030 residential and commercial units

Nox Capital Group acquires 1,030 residential and commercial units

Press Release:

€ 280 million transaction volume of purchases and sales in investment management

BERLIN, 29.10.2021: Nox Capital Group again reports a strong business development. Since the beginning of the year, numerous transactions have been realised on a large scale.

Purchases: € 200 million transaction volume

Since the beginning of 2021, the Berlin-based real estate specialist has acquired a total of 65 properties in 14 federal states for € 200 million as part of its Germany-wide purchasing activities. These are approx. 1,030 residential and commercial units with approx. 126,000 m² of lettable space. The transactions comprise mainly residential income properties in central locations in major German cities, a Germany-wide portfolio of office buildings and over 36,000 m² of project development land for new residential and office construction in Berlin’s suburbs.

Sales: € 80 million transaction volume

With a transaction volume of approx. € 80 million, the Nox Capital Group has been able to profitably sell a total of 22 properties with approx. 380 residential and commercial units and a total of approx. 27,000 m² of lettable space since the beginning of the year. The majority of these transactions was in Berlin and Leipzig.

Expansion of institutional fund business

In institutional fund management, Nox Capital intensified its real estate funds activities with the NOX CORE RE FUND and UP2 NOX GERMAN RE FUND. The funds are aimed at institutional and semi-professional investors and pursue a conservative investment strategy that ensures the preservation of the invested capital even in times of crisis. Fund activities focus primarily on residential properties in large and medium-sized German cities as well as in selected dynamic markets. For 2022, Nox Capital plans to continuously expand and scale its activities in institutional fund management based on its excellent market access, attractive deal pipeline and strong track record.

Entrepreneurial action according to ESG principles

Investors, credit institutions, employees, tenants and other stakeholders attach importance to real estate companies operating sustainably across the board. Nox Capital Group has long assumed this responsibility with regard to ecological and social aspects as well as in the holistic framework of its corporate governance. The funds it initiates and advises also operate in accordance with recognised ESG principles and are regulated under Article 8 of the EU Sustainable Finance Disclosure Regulation, among other things.

“Since the beginning of 2021, we have successfully acquired more than 1,000 residential and commercial units. We are on an expansion course and continue to be on the lookout for attractive existing property portfolios throughout Germany. As we currently see many interesting investment opportunities, we will make further purchases this year,” says Christopher P. Koch, Managing Director at Nox Capital Group.

The Company

Berlin-based Nox Capital Group is an internationally active residential real estate specialist that also advises the NOX CORE RE FUND and the UP2 NOX GERMAN RE FUND. In addition to institutional fund management, the company covers the complete asset management chain and offers its clients excellent market access and state-of-the-art portfolio optimization. NOX CAPITAL has already executed more than 2,000 transactions across all asset classes in Germany, and its own portfolio exceeds 1.4 billion euros. More information: www.noxcapital.de