Direct Property Investment

• Introduction: Direct Property Investment
• Table of Content
• Concept
• Bases
• Indirect Property Investment
• Direct Property Investment
• Differences between Direct and Indirect Property Investment
• Market Share, Aims, Motives
• Advantages and Disadvantages
• Requirements of Direct Investments
  • Investment Strategy
  • Adequate Financing
  • Sensible Approach to Property Taxes
  • Investment Analysis
  • Controlling
  • Risk Monitoring
  • Exit Strategy
    • Necessity for an Exit Strategy
    • Holding Period
    • Track Record
    • Possibility of Planning the Exit Point
    • Exit Factors
    • Exit Options
• Parameters for Direct Investors
  • Demography
  • Lack of Transparency in Supply and Demand
  • Quality Transparency
  • Managing Uncertainty in the Portfolio
  • Price Transparency
  • Incomplete Range of Property Investment
  • Unsatisfactory Market Due to Transaction Costs
• Action Strategies for Direct Investors
  • Monitoring Asset Allocation
  • Diversification through Foreign Properties
  • Portfolio Optimisation
  • Refurbishment (Maintenance and Renovation)
  • Financial Engineering
  • Core and Satellite Strategy
• Direct Investment Management
  • Property Management
  • Business Plan
  • Value-Added Strategy
    • Property Management
    • Letting Management
    • Contract Management
    • Service Management
    • (Re-)Development
    • Life Cycle Management
    • Turnaround Management
    • Discount deals
    • Finance Management
  • Risk Management
    • Property Investment Hedging
    • Hedging against Property Contingencies
    • Hedging against Personal Risks
  • Facility Management
  • IT management of the property portfolio
• Real Estate Brokers
• Property Portals
• Acquisition / Transaction Process
• Investment Properties
  • Property investments
  • Conversion of the Property Investment
  • Management Check at the Time of Acquiring the Property
• Sales Offer
• Transaction Costs
• Pricing Instruments
• K. O. Analysis
• Provisional Guarantee of the Outcome of the Negotiations
• Investor Due Diligence (IDD)
• Property Financing
  • Sale of Real Estate to Financiers
  • Direct Credit
  • Bank Loan
  • Capital Market Financing
• Public Registration of Property Purchase Contract
• Application for Entry in the Land Register
• Disposal / Disinvestment Process
• Divestment Properties
• Preparation for Sale
• Conversion
• Vendor Due Diligence (VDD)
• Taxes
• Advisers and Service Providers
• Conclusion
• Links to further legal topics
• Appointment
• Contact
• Imprint
• Disclaimer