The tried and tested core and satellite strategy combines a “core portfolio” with individual “satellite investments”:
- Core portfolio
- The core portfolio is sufficiently diversified, largely financed with equity capital and oriented towards long-term, sustainable performance.
- Moderate external financing should merely produce a stabilising effect.
- The management of a balanced “core portfolio” is achievable with calculable expenditure.
- Satellite investments
- Investments with country diversification
- Foreign real estate
- Investments in management properties
- Hotel real estate
- Retirement properties
- Listed real estate
- Acquisition of commercial properties that a company does not need for its operations + development / subsequent sale
- Acquisition of brownfield sites for revitalisation / development
- Acquisition of opportunity Investments with leverage effect as indirect property investment
- Acquisition of tax motivated property investments
- Investments with country diversification
Further Information
- Structural mix of a core and satellite strategy:
- Core portfolio = direct property investment > concept
- Satellite investment = indirect property investment
- Mix within the direct property investment
- See above