Insights /
Transaction Brief
/
May 2026
Office asset, Frankfurt am Main
Anonymous breakdown of a private deal: structure, entry logic, and key success factors
Context and entry logic
The asset was identified through our partner network before hitting the open market. The seller, a German management company, was divesting a non-core asset as part of a portfolio restructuring. Tight timelines and a preference for a discreet process created a unique opportunity for a mandated investor.
At the time of the deal, the Frankfurt office market was characterized by moderate vacancy in central locations and stable rental demand from the financial and professional sectors. A 5.1% yield provided a positive spread over 10-year government bonds with a conservative debt load.
Success factors
Four conditions that enabled the deal to close on the agreed terms.
Off-market · pre-listing
Pre-listing access
The asset was identified and pre-approved before the seller began considering other offers. This allowed for direct negotiations with the owner, avoiding public competition.
Speed · 3 months
Structuring speed
The deal was closed in 3 months, compared to the 6–9 month average for similar properties on the open market. Running technical, legal, and tax due diligence in parallel, combined with prompt coordination with German consultants, allowed us to maintain the pace required by the seller.
Structure · GmbH
Tax efficiency
The GmbH structure optimized taxation at the ownership level and provided flexibility for future asset rotation. This model remains the standard for foreign private investors in terms of tax regime, transparency, and exit conditions.
NDA · private format
Discretion
The deal was not made public, neither during negotiations nor after closing. All communications and documents were handled under NDA and mandate; information regarding the investor and the terms remains strictly confidential.
Support and holding horizon
The mandate covered the full cycle: from initial qualification to post-closing support. We worked exclusively in the investor's interest, with no agency fees received from the seller.
Key elements:
Full-cycle mandate
Property search and qualification, organization of technical, legal, and tax due diligence, structuring the purchase via a GmbH, negotiations, and notarial closing — all under a single mandate.
No conflict of interest
Working exclusively in the investor's interest. The mandate model excludes agency fees from the seller, which ensures a neutral position at every stage of the discussions.
Post-closing asset management
The property has been brought under management as part of an asset management mandate. The first year focuses on optimizing operating expenses and renegotiating lease terms with the anchor tenant. The target holding period is 5–7 years, with a refinancing option at the 36-month mark.
All transaction details have been anonymized. This information is for illustrative purposes only and does not constitute investment advice.
// KEY FIGURES
Investment volume
Initial yield
Closing period
Deal source
Purchase structure
Holding period
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