Press release

NAS Invest and BlueRock establish cooperation

Thomas Daily News – NAS Invest and Blue Rock plan to buy in Berlin
Berlin-based NAS Invest and Blue Rock, a fund headquartered in Gibraltar, intend to jointly buy residential real estate in Germany. Along with investments from the existing fund which, according to the companies’ announcement, holds real estate valued at around €200mn, additional vehicles to invest €150-200mn are planned. The focus will be on properties needing revitalization and with development potential in Berlin as well as in other metropolitan areas. NAS Invest, founded in the fall of 2014 by former Corestate manager Nikolai Dëus-von Homeyer, will be in charge of property acquisition as well as development, asset management, and sales. Blue Rock will be responsible for investor relations and fund management.

Europe Real Estate – NAS Invest and Blue Rock establish strategic cooperation
NAS Invest, a real estate investor and asset manager based in Berlin, and Blue Rock, an investment fund licensed and regulated under Gibraltar law with more than €200 mln in real assets under management, have agreed to collaborate in the area of residential property investments. It is planned to launch new vehicles with an acquisition volume of at least €100-150 mln in addition to the commitments of the existing fund. The investment strategy pursued to this end focuses on core-plus and value-add properties in German conurbations, most notably the capital Berlin.

The role of NAS Invest within the cooperation will be to handle the entire value chain at the property end, including acquisitions, property developments, asset management and sales. The plan calls for investments mainly in properties that either need refurbishment or show development potential. Blue Rock will in turn manage the investors via its regulated investment funds, including the areas of investment decisions, reporting and AIFM compliance.

Ronny Pifko, Director of the Blue Rock Fund, commented: “We look forward to expanding the existing collaboration with NAS Invest and to start offering to our investors widely diversified investments in German residential real estate in addition to commercial property. NAS as local asset manager delivers investments that passive investors would otherwise not be able to access and realise in this form.”

Nikolai Dëus-von Homeyer, Managing Director of NAS Invest, added: “Owing to our vast market network, we are in a position to find and develop asset values that out competitors are unaware of. Blue Rock perfectly complements our investment activities. We therefore also take a bright view of our long-term collaboration on this level.”

haufe.de – NAS Invest and BlueRock Cooperating
The real estate investor and asset manager of Berlin, NAS Invest, is launching a joint venture with BlueRock for investments in residential buildings. The investor is a fund licensed in Gibraltar holding around EUR 200 million in real estate assets and will be responsible for the fund management from now on. NAS will take on the project development and asset management responsibility.
Besides the investments from the existing fund, further vehicles with a purchase volume of at least EUR 100 to 150 million are planned. For that matter, core-plus and value-add properties in German metropolitan areas with a focus on Berlin are targeted by the investment strategy.
In the cooperation, NAS Invest will take on the entire value creation chain on the real estate side, including acquisition, project development, asset management and sales. Investments are planned foremost in properties in need of renovation and such with construction potential.
Through its regulated funds, BlueRock will manage the investors including investment decisions, reporting and AIFM compliance.

Property Magazine – NAS Invest and BlueRock Cooperate in Residential Real Estate
NAS Invest, the investor in Berlin and BlueRock, a fund licensed and regulated in Gibraltar are cooperating for investments in residential real estate. Besides the existing fund, which holds real estate assets of more than EUR 200 million, further vehicles with a purchase volume of at least EUR 100 to 150 million are planned. For that matter, core-plus and value-add properties in German metropolitan areas with a focus on Berlin are targeted by the investment strategy.
In the cooperation, NAS Invest will take on the entire value creation chain on the real estate side, including acquisition, project development, asset management and sales. Investments are planned foremost in properties in need of renovation and such with construction potential. Through its regulated funds, BlueRock will manage the investors including investment decisions, reporting and AIFM compliance.

About one year ago, NAS Invest GmbH was founded by Nikolai Deus-von Homeyer, the former Director and Manager of Corporate Development at Corestate Capital AG, (NAS Invest at the Start). The company invests in land, project developments, project repositioning, and existing real estate holdings. NAS started in 2014 with four real estate specialists and planned investments in the amount of rounded EUR 100 million in the starting years, with concentration on the national capital and further metropolitan areas in the nothern half of Germany. The focus is on properties and smaller portfolios on a scale of between two and 20 million Euro.