Edinburgh House: Property purchases of over €1bn planned
Germany's the focus, with more investments aimed at in Austria, Switzerland, France, and Italy, according to Edinburgh House's CEO, David Roberts. As a rule, Edinburgh House acquires and controls properties with an investment breakdown of €5mn. “However, we can also operate without difficulty in the triple-digit million range,“ said Roberts.
Up to now, Edinburgh House has 91 properties in Germany, the majority of which are retail and logistics centers. Management of properties in the portfolio occurs through the asset management subsidiary Estama Gesellschaft für Real Estate Management mbH. Metro, Aldi, Tchibo, Obi, and Kaufland are tenants with whom Edinburgh House works in Germany. The firm has invested over €700mn since its first transaction in Germany in June, 2005—which, according to its own information, is more than almost any other private investor.