12. August 2020

DRIA GmbH: Transaction volume of around EUR 100 million since the beginning of the corona pandemic

About 1.5 years after the founding of DRIA GmbH at the beginning of 2019, the managed assets (assets under management) rose to over EUR 400 million. Since the beginning of the corona pandemic at the beginning of March this year, DRIA GmbH mediated transactions of around EUR 100 million, which are divided into 38 properties. DRIA GmbH kept 35 of the brokered properties under asset management. For 2020, DRIA GmbH expects a transaction volume of EUR 250 million, which would represent a record in the company’s short history.

In addition to the transaction support and asset management, DRIA GmbH is also expanding project development. In order to competently cover the structural engineering side, this area is being expanded together with TS Bau GmbH, in person Mr. Thomas Schreck from Rengsdorf. The shareholders of DRIA GmbH are calculating a construction volume of EUR 20 million for the next 3 years (as of August 2020) through the acquisition of value-add properties and property option contracts.

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Aue: LAHAV Family Office sells retail centre from its existing portfolio

The Israeli LAHAV Family Office has recently sold a retail park in Aue, Saxony, to a Chemnitz-based company from its existing portfolio. The property was realised in 1996 on an area of almost 15,000 m² and consists of 2 building structures. The anchor tenant with an area of around 6,547 m² is the speciality store […]

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