Philipp Braunfels

Active real estate asset management is for the foreseeable future the likely driver of real estate returns. Operational properties are a particularly interesting segment of active asset management with returns being more aligned with and dependent on the operation of the business carried out within the building, often resulting in higher rents with some variable component.

The operational alignment means that specialist skills are required to manage these real estate assets, often handled by operator-driven real estate platforms, specialized within subsets of real estate and focused on tightly segmented customers categories.

To get the correct design for an operational asset requires exceptionally close co-operation with an operator. But after commissioning, these assets can also deliver much higher capital values and rental growth.

Please join this meeting to discuss how to drive value through effective collaboration between operators, investors and developers, the importance of operational expertise at planning and development stages, varied investment and asset management business models (in-house vs outsourced operational expertise), opportunities to drive scale in niche segments, risk vs return opportunities, and how to address valuation challenges in sectors transitioning into operationally heavy strategies.