“Off-market deals regularly achieve higher prices than open bidding processes”, said John Amram, CEO of HPBA. “Bidding processes don’t always achieve the best results, and many companies don’t even take part in them to begin with,” added Amram. The transactions were exclusively centred on Germany’s Top Seven metropolises, with a major focus on Berlin. The properties involved were overwhelmingly in the housing and office sectors. A further 1.3 billion euros worth of deals are already in the pipeline. These primarily involve residential, commercial and retail properties in first-class locations across Germany. Amram credits the rise in demand for off-market deals on the fact that, “a growing number of investors in Europe are taking advantage of the current market situation to make a controlled exit.”
HPBA Real Estate Solutions is one of the very few German transaction experts that specialises in off-market deals. Since the company was founded in 2009, HPBA has managed major transactions worth more than 2.5 billion euros, acting for both real estate buyers and sellers. The company’s founder, John Amram, and his team, draw on years of experience and extensive expertise in the field of real estate investment.
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