The Deutsche Bank member company DWS commissioned alt+kelber to handle the entire service end of its DWS ACCESS Wohnen fund for German residential real estate, from asset management all the way to apartment retailing. After all, successful real estate investments include - in addition to factors such as location, infrastructure, building condition, as well as the partitioning and furnishing of apartments - the professional management of the properties.

This fund focuses on metropolitan regions in Germany, as well as on established high-order centres, limiting itself exclusively to existing apartments. The latter are to be had at more favourable conditions than new constructions. What is more, buying existing apartments helps investors to bypass the hazards of new project development that include cost overruns and unexpected halts or delays in construction, among other things.

Together with our partner, DESIGN Bau AG, we developed the "rent or buy" model. It consists of giving parties interested in a home the choice of either renting or buying a newly raised house. Even if they opt for renting now, the option to buy their home later on will always remain open to them. The advantage for leads is that they have the chance to dwell in their would-be home "on a trial basis." Houses not acquired by the tenants themselves after a certain time are eventually sold off to capital investors.

alt+kelber will coach the principal through the entire process, from purchasing the plot, to the actual construction, and all the way to the handover of his or her turnkey property. The concepts we develop enable owner-occupiers to acquire a fully finished home at rent-like conditions. Alternatively, we sell package solutions to (capital) investors. For the latter group, we will handle the letting, management, and possible sales later on.