03. August 2012     Print Print 

Duesseldorf‘s aik with high yield in the first half of 2012

aik building
APO Immobilien-Kapitalanlagegesellschaft (aik) reports for the first half 2012 an outstanding funds’ performance yet another year in a row of its thirteen years of existence.


High letting turnover in portfolio
As early as in the first six months of 2012, aik, a real estate investment company focused primarily on active asset management, was able to sign a total of 64 new leases as well as lease extensions. Approx. 35,500 sq m rental space amounting to €5.9 million annual net rental volume were let to various tenants of the aik real estate special funds.

Half-year yield of more than 6 % p.r.t.
Compared to the previous period, a very good rental performance reflects in the increased half-year yield figures: in the course of the current business year, an average yield of 6.6 % p.r.t. (BVI method) was generated in all 10 aik real estate funds. Accordingly, the aik investors could already enjoy an average interim dividend distribution of approx. 3 % over all funds. Further distributions are planned towards the end of the business year, amounting to the dividend payouts of the previous years. Investments in German commercial and residential properties

In the first half of 2012, the real estate investment company for pension funds and insurances from Duesseldorf enlarged its portfolio by six more properties. According to the current investment strategy focusing on German retail and residential assets, aik acquired e.g. a retail building located in Berlin’s Wilmersdorfer Straße as well as a plot of single and multi-family homes totalling 144 residential units in the south of Berlin. Another 10 properties in Brussels, Luxembourg and various German locations are currently in due diligence. „Our investment demand, especially with regards to German residential and retail properties, remains high and will sustain also in the following year.“, says Dr. Stephan Hinsche, the spokesman of the aik management board. Altogether, aik estimates a total investment volume of approx. €260 million in 2012, equivalent to the previous year.