Office property with around 13,000 m² of lettable space and a solid tenant structure benefits from proximity to the airport and convenient access to Frankfurt city centre. LINUS extends whole loan in the double-digit million range and continues growth course with strong year-end business
LINUS Digital Finance continued its dynamic growth course at the turn of the year. In December, a whole loan was extended to Civitas Property Group to finance the purchase of an office complex with two buildings and around 13,000 square metres of rental space in Neu-Isenburg.
"The purchase of the two buildings is a response to the changing needs of many companies: Away from crowding in the elevator - towards horizontal development. More parking spaces and more square meters per employee are compensated by higher space efficiency compared to the high-rise building. And the massive savings in rental costs can be passed on in part to the team as a home office allowance", Andreas Hardt, Managing Director of the Civitas Property Group on the acquisition.
"We are very pleased to support Civitas in the completion of this transaction. The occupancy rate and the tenant structure offer our co-investors and us an attractive risk-reward profile. This is a continuation of last year's trend to increasingly finance existing properties through acquisitions or long-term financing with our whole loans and mezzanine solutions," Maximilian Könen, Managing Director - Investments at LINUS Digital Finance.
LINUS Digital Finance finances real estate projects with debt and mezzanine capital. The Berlin-based company always acts as an anchor investor itself in the mezzanine and whole loan investments it makes. LINUS enables semi-professional and institutional investors to participate in the investments made by a self-managed debt fund via the digital platform. The term of the loans is usually between 12 and 36 months. As a capital management company (KVG), LINUS is supervised by Bafin and, together with co-investors, has invested a total of around 500 million euros of capital in real estate projects since its founding, thus financing a project volume of over 1.5 billion euros.
Phone: +49 (0) 30 726276 1544