Valon is expanding its mandate for BlueIMvest at the turn of the year by taking over the property management and construction project management for a property in Berlin. The property in Hedemannstrasse, built in 1914, is a mixed-use property with restaurants, a store and office space.
In total, Valon has now been managing five properties in Hanover, Dortmund, Aachen, Leipzig and Berlin for the French investor since last year. The total area of the portfolio has reached a volume of over 30,000 m². The focus of the portfolio is on office space. The properties are in prime inner-city locations. The strategy of the “Blue One” fund is to adapt the city center properties to changing conditions and to contribute to the transformation of city centers. Extensive investments are being made to reposition the properties accordingly and align them with future uses.
In addition to property management, Valon is also responsible for construction project management and letting and can therefore advise BlueIMvest on alternative uses for the space from a single source. Further expansion of the portfolio and cooperation is planned.
Oliver Oser, Managing Director of Valon: “We are very pleased about the growing partnership with BlueIMvest. We greatly appreciate the always constructive and goal-oriented mutual exchange. This enables us to achieve the best results in the further development of the properties.”