Frankfurt

We have an experienced and well-established team in Germany. Our largest Continental European office, Frankfurt, is structured around specialist teams, including fund and asset management, business development, fund and transaction structuring, finance, and international advisory services. The team manages several German Spezialfonds whilst supporting activities for all of our German assets, as well as other European and overseas ventures.

Key facts:

  • OFFICE OPENED IN 2000
  • 53 EMPLOYEES
  • AUM: $3.6bn (€3.0bn)

Recent highlights:

  • In December 2017, we acquired a portfolio of five retail warehouse assets across Germany from Rockspring Property Investment Managers LLP. This acquisition represents one of the most important transactions of retail warehouse assets completed by our German team in recent years, and is the most attractive investment we have seen in the German market in 2017.

  • In November 2017, we acquired a supermarket in the regional capital of Wiesbaden, Germany, on behalf of a retail mandate for a German institutional investor.

  • On behalf of our ICF German Logistics Fund, we acquired Gernsheim logistics centre with Palmira Capital Partners in July 2017. The asset is fully let to a German logistics company and has a GLA of c.36,200 sq m (c.389,654 sq ft).

  • In June 2017, together with RedstoneConnect, we secured a consulting and software mandate to develop and install a smart software for the PEP shopping centre. Due to go live in 2018, the platform will enable shoppers to find shops, services or locate their cars using in-centre wayfinding kiosks and a location-aware smartphone app.

  • We expanded our logistics team in Germany in June 2017, with the appointment of Steven Siebert as Senior Asset Manager. Steven has more than 15 years of experience, and will be responsible for a portfolio of Germany logistics assets and helping us to further expand our logistics platform.

  • In May 2017, we successfully launched our fourth logistics property fund, German Logistics Fund II, and acquired our first asset for the Fund. Located in Elsdorf in Lower Saxony, the asset offers convenient access to Hamburg and Bremen.

  • In April 2017, we began an extensive refurbishment of the PEP shopping centre in Munich Neuperlach with ECE. The renovation and redecoration complements the extension of PEP, which began in 2016, creating an additional 7,900 sq m (85,035 sq ft) of retail space.

Note: Key facts as at 30 September 2017.

 

Contact this office:

Bockenheimer Landstr. 24
60323 Frankfurt
Germany
+49 69 667736 871

Tim Horrocks

Timothy Horrocks

Head of Continental Europe

Timothy's biography
With over 17 years of local experience in the German property market and a strong performance record, we are optimally positioned to grow the German business as we continue to focus on delivering German products for our domestic and international clients.
Axel Peinemann

Axel Peinemann

Director of Finance, Continental Europe

As Director of Finance, Continental Europe, Axel has been responsible for accounting and controlling, as well as administrative management of funds since 2008. 

+4969667736856 More about Axel
Boris Bergemann

Boris Bergemann

Head of Transaction Structuring

As Head of Transaction Structuring, Boris is responsible for running the European Transaction Structuring Team based in Frankfurt. He ensures that optimised investment & fund structures are applied across all managed real estate and real estate debt funds.

+4969667736839 More about Boris
Carsten Grevel

Carsten Grevel

Portfolio Manager

With over five years of experience in the real estate business, Carsten joined the company in 2015 as Retail Asset Manager. Working closely with the retail team, Carsten manages German retail properties in the German Retail Income Fund, Core German Retail Fund and Aldomus.

+4969667736890 More about Carsten
Dominik Hoeller

Dominik Höller

Associate Investment Manager

Dominik is an Associate Investment Manager focused on providing investment analytics for two joint ventures that the TIAA General Account has.

+4969667736862 More about Dominik
Dominik Schneidmann

Dominik Scheidmann

Associate Investment Manager

With over four years’ experience, Dominik focuses on acquisitions and financial modelling responsibilities across the logistics funds in Germany.

+4969667736894 More about Dominik
Elly Baker

Elly Baker

Manager, Transaction Structuring

Elly is responsible for the investment and structuring of real estate funds including managing the tax, legal and financial due diligence and negotiating sale and purchase agreements and joint venture agreements.

+4969667736803 More about Elly
Fabian Wieser

Fabian Wieser

Analyst

Fabian Wieser ist als Analyst für die deutschen Spezialfonds im Bereich Retail zuständig. Sein Aufgabenbereich umfasst die Kalkulation von Transaktionen sowie die Modellierung und finanzielle Analyse im täglichen Fondsgeschäft.

+4969667736801 Mehr erfahren über Fabian
Felicia Cali

Felicia Cali

Administrative Assistant

Felicia is Administrative Assistant to the International Advisory Services and Transaction Structuring teams, based in our Frankfurt office, supporting both teams in day-to-day business.

+4969667736804 More about Felicia
Frederik Sarnes

Frederik Sarnes

Retail Asset Manager

Frederik is responsible for the asset management of Gropius Passagen within the TIAA General Account’s German Shopping Centre Joint Venture with CNP. In his role, he manages the refurbishment project of the asset which is the largest shopping centre in Berlin.

+4969667736811 More about Frederik
Iveta Hofmann

Iveta Hofmann

Senior Manager

Iveta is a Senior Manager of Transaction Structuring Europe, based in the Frankfurt office. She is responsible for investments made by real estate funds including corporate, tax and financial due diligence, and negotiating sale and purchase agreements.

+4969667736845 More about Iveta
James Ellis

James Ellis

Investment Manager

As Investment Manager for the European Logistics Fund, James is responsible for identifying and underwriting new acquisitions and overseeing the transaction process as the Fund targets $500m AUM.

+4969667736841 More about James
Jana Fiedler

Jana Fiedler

Client Services Manager

Jana is responsible for client communications and service across Germany and Austria. She has 11 years of experience in the real estate industry.

+4969667736887 More about Jana
Kathrin Andres

Kathrin Andres

Head of Retail Asset Management, Germany

Kathrin is responsible for asset management across the company’s German retail portfolio, specifically working on the European Retail Property Fund’s shopping centres, along with all the assets in the company’s German Retail Income Fund.

+4969667736838 More about Kathrin
Liz Sworn

Liz Sworn

Fund Manager, Europe

With sixteen years of commercial property experience, Liz is Co-Fund Manager of our pan-European, open-ended European Cities Fund, which was launched in March 2016. Liz is responsible for identifying acquisitions for the Fund, implementing debt strategy, as well as asset management opportunities for current assets, working closely with our local offices across Europe.

+4969667736861 More about Liz
Marcus Mack

Marcus Mack

Fund Manager

With over 10 years of real estate experience, Marcus is responsible for the investment and fund management of several German retail funds within TH Real Estate. He is also the Fund Manager of the German Retail Income Fund, a retail warehouse fund focusing on core retail warehouse parks and hybrid malls.

+4969667736852 More about Marcus
Matthias Boehm

Matthias Boehm

Fund Manager

With 14 years’ real estate experience, Matthias is responsible for the management of a closed-ended Fund and a €320m German office portfolio, at TH Real Estate, owned by the Cityhold Office Partnership joint venture. This involves advising on real estate transactions, developments and asset management activities but also forming a close relationship with clients.

+4969667736840 More about Matthias
Michael Klauke-Werner

Michael Klauke-Werner

Managing Director, International Advisory Services

Michael’s responsibilities include fund raising and relationship management of new and existing institutional clients in Germany, and Austria. Over the past eight years, Michael has successfully raised over $2bn of capital from new clients. He also works closely with the Asset Management and the Business Development teams on the development of new products.

+4969667736850 More about Michael
Niklas Baldauf

Niklas Baldauf

Portfolio Manager

With five years’ experience in the real estate industry, Niklas is responsible for the asset management of the Shopping Centre PEP in Munich and the Erlangen Arcaden in Erlagen, which are investments within the TIAA General Account German Shopping Centre Joint Venture with CNP.

+4969667736819 More about Niklas
Pierre Kowalewski

Pierre Kowalewski

Manager, Transaction Structuring

Pierre’s responsibilities include the handling of legal, tax and financial aspects of direct and indirect real estate transactions, as well as contract negotiations.

+4969667736888 More about Pierre
Romina Smith

Romina Smith

Associate Director, International Advisory Services

Romina joined TH Real Estate in 2016 and is responsible for the fund raising and relationship management of new and existing institutional clients in Germany and Austria.

+4969667736809 More about Romina
Stephan Austrup

Stephan Austrup

Head of Retail, Germany

With over 10 years’ real estate experience, Stephan is responsible for the strategic management and sourcing of investment opportunities for our German retail portfolio. He also provides investment and asset advisory services to the c.$1.1bn TIAA German Shopping Centre JV, which owns three large German shopping centres.

+4969667736882 More about Stephan
Stephen Seibert

Steven Siebert

Senior Asset Manager

With over 17 years of real estate experience, specialising in the industrial sector, Steven is responsible for all German logistics assets under management and also supports the European Logistics Fund.

+4969667736812 More about Steven
Tanja Haertel

Tanja Volksheimer

Senior Portfolio Manager

With over 12 years of real estate experience, Tanja is actively involved on the acquisition side, sourcing retail properties for TH Real Estate's Spezialfonds, focusing on core retail warehouse parks and hybrid malls.

+4969667736843 More about Tanja
Thilo Wagner

Thilo Wagner

Managing Director Investment, Germany

Thilo is responsible for the asset management, acquisition and sale of assets in Germany. He is Fund Manager of the Core German Retail Fund, a $330m retail warehouse fund for German insurance companies and pension funds, and oversees both the investment pipeline and client relations of the German retail warehouse franchise.

+4969667736865 More about Thilo
Thorsten Kiel

Thorsten Kiel

Head of Logistics, Europe

Thorsten is responsible for the investment and asset management activities of our European logistics franchise. He leads the team managing four European logistics mandates on behalf of our international clients.

+4969667736849 More about Thorsten
Tim Hennes

Tim Hennes

Senior Investment Manager

With over 15 years of real estate experience, Tim manages the European Logistics Fund (ELOF) and is responsible for the asset management activities across the existing German and Pan-European logistics portfolio.

+4969667736830 More about Tim
Tim Horrocks

Timothy Horrocks

Head of Continental Europe

With 30 years’ experience in real estate, Timothy oversees the business’ activities in Continental Europe. He spends the majority of his time with the local management and investment teams to ensure client and shareholder expectations are met. He is also a member of the Executive Leadership Team, responsible for setting and executing strategic goals for the business.

+4969667736846 More about Timothy
Tobias Kroczek

Tobias Kroczek

Senior Portfolio Manager

With 10 years of real estate experience, Tobias is responsible for the operative asset and portfolio management for a number of German retail assets within three different mandates.

+4969667736808 More about Tobias