CORESTATE is merging and supplementing its service portfolio in property management and establishing a new fully integrated platform for active property management under the umbrella of its CAPERA Immobilien Service GmbH (Capera) subsidiary. The Corestate subsidiary ATOS Property Management GmbH (Atos), with its range of services focused on commercial properties, will be fully merged into the Capera brand, whose focus to date has been on residential properties. Technical property management and technical asset management will be more closely interlinked in the new project management segment in the future.
Frankfurt, 23 March 2021. The real estate investment management company Corestate is merging and supplementing its service portfolio in property management and establishing a new fully integrated platform for active property management under the umbrella of its CAPERA Immobilien Service GmbH (Capera) subsidiary. The Corestate subsidiary ATOS Property Management GmbH (Atos), with its range of services focused on commercial properties, will be fully merged into the Capera brand, whose focus to date has been on residential properties. Technical property management and technical asset management will be more closely interlinked in the new project management segment in the future.
Corestate now offers its clients enhanced and expanded property management services. The optimised set-up in this area represents a key element of the new corporate strategy with a clear focus on investors and clients. The renowned Bell Report has repeatedly attested to Capera’s market leadership in the residential sector in recent years. The company is now expanding its services at this level to the other asset classes.
“Through the merger of Capera and Atos, we are bringing together the best of both worlds and thereby underscoring the immense importance of property management as a key segment of our holistic product and service offering across the entire life cycle of a property. As announced, we are now streamlining our brand universe and the related internal structures in the right place. This will enable us to act faster and in a more targeted and comprehensive manner for our clients. The new Project Management division will assume an important function here,” said René Parmantier, CEO of Corestate.
Corestate’s new service company is represented in 14 locations nationwide and manages a portfolio of more than 1,200 properties with just under 29,000 residential and commercial units and a total of around 3.2 million m² of managed rental space. Capera’s services span all asset classes and cover the full spectrum of active property management in Germany. In the course of merging the subsidiaries, positive effects will also be achieved from an intensified digitalisation process and the concentration of all applications in one software platform. Due to the greater depth of services and the clearly increased degree of professionalisation, Capera will be able to penetrate the market more deeply and is expected to contribute to the growth of the Corestate Group through new business with third-party clients.
“We are in an excellent position at the management level and will continue Capera’s success story with a strong and proven team,” added René Parmantier. The Managing Directors Jörg Heberlein and Walter Leitner have been responsible for the development of Capera in a highly effective manner since its foundation. With them, we have two experienced colleagues at the helm who are focused on high service quality and who, as a team with Robert Wildegger as head of the new Project Management division, will now display a renewed influence with leaner and more efficient management structures. I am very happy to have these three on board.”
Jörg Heberlein, Managing Director of Capera: “Together with my colleagues Walter Leitner and Robert Wildegger, I am convinced that we will live up to our self-image as one of the market leaders in Germany as a fully integrated property manager with our complete range of services. In addition to the traditional services in the area of property management, we also want to open up new revenue fields beyond the current business and, of course, grow further.”
About CORESTATE Capital
CORESTATE is an investment manager and co-investor with around € 28 billion in assets under management. The company sees itself as a manager for the entire length of the real estate value chain. Thanks to its fully integrated real estate platform, it is able to offer investors a wide range of services, especially the opportunity to invest in large-scale societal trends such as urbanisation, demographic shifts or sustainability – trends that will continue to have a decisive influence on the living and working environment in the long term. The consistent focus on asset classes that will be successful in the long run constitutes a central cornerstone of the company strategy. At CORESTATE, all concepts are supported with ESG expertise that is unique to the industry. With some 800 experts, CORESTATE offers clients and investors a full range of services and consultation from a single source, from project financing and real estate management to sales. CORESTATE is listed on the Frankfurt Stock Exchange (SDAX) and operates as a respected business partner for institutional and semi-institutional investors as well as high-net-worth private investors in 13 countries across Europe, with offices in Frankfurt, Vienna, Zurich, Paris, Madrid and London.
About CAALA GmbH
CAALA is a Munich-based software and consulting company that offers software-based parametric life cycle analyses, 3D model-based renovation potential analysis and CO2 risk analysis at portfolio level. Asset managers, property owners, project developers and architects will thus be able to make informed planning and investment decisions.
About Sustainaccount GmbH
Sustainaccount is a Green Fintech based in Zurich. The company develops data-driven solutions for dynamic measurement of climate impact (Product Carbon Footprints), as well as for the granular analysis of financial climate risks. By combining proven Internet-of-Things technology with advanced data analytics, Sustainaccount creates Digital Carbon Twins of buildings, products and business processes, enabling their efficient and effective decarbonization.
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