SUSTAINABILITY AS INVESTMENT OPPORTUNITY
MPC Capital has a strong track record in initiating, structuring, developing and managing specialized commercial and residential projects in 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.
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 The property had great potential due to its location but was outdated.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.
ESG Wohnen Deutschland is an open-ended special AIF whose central investment criterion is the development of a sustainable residential real estate portfolio. With the help of a scoring model developed specifically for this fund, target properties that meet a number of quantitative and qualitative criteria along the relevant UN sustainability goals are identified.
For example, the locations and properties considered for purchase must meet specific must meet specific requirements based on energy, social and ethical aspects. These include, for example exceeding energy standards, the integration of mobility concepts, and the proportion of subsidised and barrier-reduced housing.
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.