Procurement Summary
Country : Germany
Summary : Framework Agreement for Brokerage Services for the Sale of Vbl Real Estate
Deadline : 24 Jan 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 93908053
Document Ref. No. : 765976-2023
Competition : ICB
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
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Login to see detailsTender Details
The Federal and State Pension Fund (VBL) is a legal institution under public law jointly supported by the federal and state governments. Its purpose is to provide the employees of the employers involved with their employer with additional age and working age insurance through private insuranceto provide compensation and survivors' benefits. VBL is one of the largest institutional investors in Germany. Part of these capital assets is invested in real estate (direct investment). VBL has made the strategic decision to use its directly held real estate portfolioo realign. The aim is to reorganize the portfolio structurally as part of an inventory adjustment. The VBL intends to build up to 60 properties spread throughout Germany (mainly in the regions of Hamburg, Hanover, Berlin, Duesseldorf, Cologne, etc.).s Ruhr area, Frankfurt, Karlsruhe, Stuttgart and Munich). The focus is predominantly on the residential segment, some with smaller commercial units, with an estimated average transaction volume of between 1.0 and 5.0 million euros per property. The number of apartments per Oobject is between two and 237 units. These are always existing buildings that are usually rented out. In some cases, special properties (nursing homes) are also to be sold. The VBL requires brokerage services to sell the properties. There should be five properties for this...
Document Type: Contract Notice
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Tender Notice