Opportunities in niche markets
MPC Capital has a strong track record in initiating, structuring, developing and managing specialized commercial and residential projects in niche real estate markets across Europe for institutional investors and family offices. We strive to match the demand for housing that meets tenants’ needs, with the latest in design and sustainability at an attractive cost.
After acquiring La Guardia, Cairn Real Estate repositioned the entire complex from single tenant use to a lively, multi-tenant working environment. The location has undergone extensive renovations, including the entrance area and the central Plaza connecting the buildings. This enables tenants to use a wide range of additional services, such as the coffee and salad bars in the attractive campus setup.
In 2014, Cairn Real Estate, the Dutch subsidiary of MPC Capital AG, started a revitalisation project of an office complex in the city of Amsterdam. The property had great potential due to its location but was outdated. Cairn Real Estate extensively renovated the property over the course of three years on behalf of an instiutional investor. It was then sold in 2017.
Residential Real Estate
Anticipating tomorrow's tenants needs
Micro-living is a key niche in our student housing platform. At Staytoo we develop, build and manage micro-living apartments for solo living in an active, vibrant community setting. In the Netherlands, we focus on developing contemporary living spaces for tenants that set new standards for innovative and long-term sustainable urban development.
The "Bajes Kwartier" is one of the last major inner-city redevelopment opportunities in Amsterdam with a land area of almost 135,000 m². The site will be developed into a new, low traffic urban district with houses, office space, retail, healthcare, a school and a museum. By taking part in this, MPC Capital is participating in one of the most prestigious inner-city redevelopment projects in Amsterdam, following a strategy of long-term sustainable urban development.
Currently there are six developed Staytoo properties in five German cities (two in Berlin, and one each in Leipzig, Nuremberg, Bonn and Kaiserslautern) and two (Berlin, Mainz) under dvelopment, with approx. 1,400 apartments. Approx. 1,000 apartments were successfully exited at the end of 2017. The buyer is U.S. investor Harrison Street Real Estate Capital, with which MPC Capital will extend its micro-living strategy through a joint venture. MPC Capital continues to manage all the apartments.