DWS, a Deutsche Bank subsidiary, 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 available at more favourable conditions than new constructions. What is more, buying existing apartments helps investors to bypass the hazards of new project developments that include cost overruns and unexpected halts or delays in construction, among other things.
