Hamburg, 08.12.2022. HanseMerkur Grundvermögen AG (HMG) has acquired a mixed-use property in the immediate vicinity of Frankfurt Airport for one of its open-ended special funds.

The seven-storey office block and eight-storey apartment building together encompass floor area totalling 11,600 m². Construction of the buildings began this summer, they are scheduled for completion by the end of 2024. The complex also boasts two basement levels with 116 parking spaces. The vendor is project developer GBI, who launched the project in a joint venture together with Fraport Casa Commercial GmbH.

A "Global Business Village" - which will create up to 25,000 jobs - is being constructed on the former American airbase. As part of Frankfurt Airport City, the up-and-coming "Gateway Gardens" micro-location naturally enjoys outstanding transport links by air, rail and road.

Thanks to its position right by Germany's most important airport, travellers can reach Terminal 2 on foot in just 10 minutes. The new district has its own motorway exit right on the Frankfurter Kreuz junction, as well as its own suburban railway station. Commuters can travel by public transport from "Gateway Gardens" to both – Frankfurt Central Station and the airport – in a matter of minutes. The district’s tenants will find the perfect combination of national and international transport links in the economically powerful Rhine-Main region.

The 142 fully furnished and equipped serviced apartments from the GBI Group's well-established "SMARTments business" brand are perfect for business travellers, consultants, freelancers and newcomers who enjoy the benefits of the flexible accommodation.

The new Frankfurt Business Apartments are managed by the GBI Group, which has developed and operates in excess of 1,000 fully equipped apartments in all.

"Appealing to investors is the long-term cash flow secured by the 20-year rental agreement for the serviced apartments, which are run by a highly experienced operator," explains Malte Andes, Deputy Chair of the HanseMerkur Grundvermögen AG Management Board.

Modern office space is being created in the office building next door, which can be flexibly divided according to tenant requirements and offers a view of the surrounding countryside despite its location in the immediate vicinity of the airport.

Sustainability is key to this project development. The strict sustainability concept will make this one of the first districts to receive platinum DGNB certification in Germany, something that is also of particular importance to institutional investors.

As Simon Behr, authorised signatory of the GBI Group and Managing Director of GBI Capital GmbH explains: "A sustainable combination of different property uses is becoming a central design element for an increasing number of project developments. This approach makes neighbourhoods more lively, more liveable and often more economical."

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Legal information:

This is a promotional marketing document. Before making a final investment decision, please read the conditions of investment and further contractual documents, the information document pursuant to § 307 sections 1 and 2 KAGB ("§ 307 German Investment Code"), as well as the latest annual report of "HanseMerkur Grundwerte Deutschland" (referred to hereinafter as the "fund"). These documents are only available in German. An electronic summary of the rights of investors in German can be found at https://www.intreal.com/wp-content/uploads/2021/07/Zusammenfassung-der-Anlegerrechte.pdf . We can also send you paper copies of the aforementioned documents free of charge on application. You can request these from HanseMerkur Grundvermögen AG, Warburgstraße 4, 20354 Hamburg or IntReal International Real Estate Kapitalverwaltungsgesellschaft mbH ("INTREAL"), Ferdinandstraße 61, 20095 Hamburg.
The fund is an open-ended special AIF with fixed investment conditions pursuant to § 284 KAGB and may not be sold to private investors as set out in § 1 section 19 no. 31 KAGB.
By purchasing units, you acquire shares in the fund and not the assets held by the fund (e.g. real estate); these are acquired by INTREAL for the account of the fund.
The "HanseMerkur Grundwerte Deutschland" fund serves as a fund of funds vehicle for the HanseMerkur Insurance Group. The fund primarily invests in residential and commercial properties in metropolitan regions as well as other high-growth locations in Germany, whereby the fund invests in particular in real estate and as such in illiquid assets. It may prove difficult to sell these under certain circumstances. Unit redemptions may sometimes therefore only be possible after a delay, or the redemption of fund units may be suspended. Comprehensive explanations of the risks associated with investing in the fund can be found in § 307 of the German Investment Code.
Source: HanseMerkur Grundvermögen AG (on 06/12/2022) unless other sources are cited.

About HanseMerkur Grundvermögen AG:
HanseMerkur Grundvermögen AG consolidates all real estate activities of the HanseMerkur Insurance Group under one roof.
The company is responsible for the management of significant and growing real estate assets, and to this end establishes special real estate funds, financing funds and other investment vehicles, in which participation is possible by both the insurance companies of HanseMerkur and other institutional investors.
HanseMerkur Grundvermögen AG and its over 100 real estate and fund experts are responsible for real estate assets - including real estate financing - with a value of around 6 billion euros.

Press contact:
HanseMerkur
Birte Ayhan-Lange
Head of Corporate Communications
Siegfried-Wedells-Platz 1
20354 Hamburg
Tel.: (040) 4119 - 1357
Fax: (040) 4119 - 3626
Email: birte.ayhan-lange@hansemerkur.de
Website: www.hansemerkur.de

HanseMerkur Grundvermögen
Manfred Riemann
Corporate Communications
Warburgstraße 4
20354 Hamburg
Tel.: +49 40-60 77 72 - 150
Email: manfred.riemann@hmg.ag
Website: www.hmg.ag


About the GBI Group:
GBI is a real estate developer with a focus on subsidised and privately financed apartments, hotels, serviced apartments, student accommodation and assisted living concepts under the SMARTments brand. Since its foundation back in 2001, GBI has sold real estate projects in Germany and Austria with a volume of over 2.5 billion euros. The GBI Group also operates serviced and student apartments under the SMARTments brand and has built up an investment management division through its subsidiary GBI Capital.
On 23 November this year, the private real estate fund manager Henderson Park in the UK announced that it had acquired a majority stake in the group. The transaction is subject to the approval of the German Federal Cartel Office and is expected to become effective before the end of the year.
www.gbi.ag

Press contact:
Wolfgang Ludwig, Ludwig Medien & Kommunikation
Tel.: +49 221 - 29219282, Fax: +49 221 – 29219283, Mobile: +49 171 - 93 35 134.
Email: mail@ludwig-km.de