Roxem Assets Increases German Real Estate Rental Performance in 2012

Berlin, Germany, February 08, 2013 --( Roxem Assets GmbH, the Berlin-based real estate asset manager, significantly improved its leasing performance in 2012, letting 118,000 sq m (1,270,183 sq ft) - a 45% increase from 2011.

Overall Roxem Assets generated total annual rents of some €1.7 million from new leases in 2012. In addition total annual rents of €2.2 million were obtained through lease extensions and expansions.

The greatest demand was for real estate in the light industrial and office sectors in Hamburg, Bremen, Hanover and Braunschweig.

Matthias Wunsch, managing director of Roxem assets GmbH comments: “2012 was very successful for us. This success was derived from the desire of many tenants to secure their existing space for longer periods or even to expand the space let. We are very happy about these results—ultimately a confirmation that our concept is sound.”

ROXEM assets gmbh was established in 2009 and today has assets under management totalling €100 million.
Roxem Assets Gmbh
Andrew Barber