Prime Pitch Asset Management has sold a mixed-use property complex in Rostock on behalf of one of its closed funds. Buyer is a fund of aik Immobilien Investments. The property is located on the Holzhalbinsel, near the center of the Hanseatic city of Rostock. The property consists of a nursing home ("Pflegeheim"), a retail strip including two supermarkets, an office tower, and a parking garage with 400 spaces. The total lettable area is approximately 16,500 sqm. The property is fully let for a longer period to Edeka, Lidl, Rossmann, Telefonica and Renafan, among others.
Prime Pitch provides advisory services for investors in real estate. The complexity of real estate markets, portfolio (re)composition challenges and asset selection/acquisition, demand for an independent and specialised advice.
Prime Pitch operates as real estate asset manager for third parties as well as for our own (fund) investments. The asset management activities are focused on opitimising the real estate portfolio. Optimisation means: return enhancement, cost reduction and maximising values.