Vivion Investments S.à r.l. (“Vivion” or the “Company”) hereby provides an update on its real estate portfolio.

Landmark Lease Regear in Germany
In what has already been a successful year for our asset management team, with over 80,000 sqm of new leases signed or renewed across Vivion’s German portfolio YTD, the team is pleased to announce the recent signing of a long-term lease extension for approximately 8,000 sqm for one of Vivion’s Berlin assets.

The lease was secured at an average rent of over € 20 per sqm per month, significantly higher than the previous rent, thereby unlocking the reversionary potential of the asset. The new lease is subject to annual indexation, and no substantial tenant contributions or capital expenditures are required from the landlord.
This new agreement reflects a significant uplift in rental value:over the full lease term, the regear secures a total of € 43mn of contractual income. The new agrement represents a pivotal milestone for the property, delivering substantial financial growth and future-proofing its position as a high-yielding asset.
These accomplishments reflect both the commitment of our asset management team and the strength of our portfolio.

Acquisition of the Iconic Femina building in Berlin
Furthermore, we are pleased to announce our latest acquisition, the iconic Femina building on Nürnberger Strasse in Berlin, a historic landmark with a distinguished legacy. This strategic investment positions us in one of Europe’s most dynamic and rapidly growing hotel markets.
The property is located in a prime area, adjacent to the renowned KaDeWe, in the Charlottenburg district of Berlin’s City West. This exceptional location offers guests direct access to a wealth of cultural attractions, luxury shopping, restaurants, and entertainment, while also providing convenient proximity to key business, cultural, and political centers in the city.
The Femina building will be transformed into a modern 5-star hotel under a prestigious international brand. The structural undersupply of luxury hotel accommodations in Berlin is driving up both average daily rates (ADR) and occupancy levels for this asset class, as the vast majority of new hotel supply in the city projected to fall within the midscale and upscale segments.
Vivion has acquired an 89.9% stake in this asset for a purchase price of € 65mn, plus associated costs. The acquisition was completed through Vivion’s subsidiary, Golden Capital Partners.
Vivion will publish a full trading update, covering Q3 2024, on Monday 9 December 2024

Contact for more Information

Vivion – Investor Relations
IR@vivion.eu

Disclaimer

DISCLAIMER: 

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES.

THE SECURITIES MENTIONED IN THIS ANNOUNCEMENT HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE SECURITIES ACT), AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT. THERE WILL BE NO PUBLIC OFFERING OF THE SECURITIES IN THE UNITED STATES.

THIS ANNOUNCEMENT IS DIRECTED AT AND IS ONLY BEING DISTRIBUTED IN THE UNITED KINGDOM TO (I) PERSONS WHO HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO INVESTMENTS FALLING WITHIN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (THE ORDER), (II) HIGH NET WORTH ENTITIES, AND OTHER PERSONS TO WHOM IT MAY OTHERWISE LAWFULLY BE COMMUNICATED FALLING WITHIN ARTICLE 49 OF THE ORDER, AND (III) PERSONS TO WHOM IT MAY OTHERWISE LAWFULLY BE COMMUNICATED (ALL SUCH PERSONS TOGETHER BEING REFERRED TO AS RELEVANT PERSONS). THIS COMMUNICATION MUST NOT BE READ, ACTED ON OR RELIED ON BY PERSONS WHO ARE NOT RELEVANT PERSONS. ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS ANNOUNCEMENT RELATES IS AVAILABLE ONLY TO RELEVANT PERSONS AND WILL BE ENGAGED IN ONLY WITH RELEVANT PERSONS.

IN MEMBER STATES OF THE EUROPEAN ECONOMIC AREA (EEA), THIS ANNOUNCEMENT AND ANY OFFER IF MADE SUBSEQUENTLY IS DIRECTED ONLY AT PERSONS WHO ARE “QUALIFIED INVESTORS” WITHIN THE MEANING OF ARTICLE 2(1)(E) OF DIRECTIVE 2003/71/EC, AS AMENDED (THE PROSPECTUS DIRECTIVE) (QUALIFIED INVESTORS). ANY PERSON IN THE EEA WHO ACQUIRES THE SECURITIES IN ANY OFFER (AN INVESTOR) OR TO WHOM ANY OFFER OF THE SECURITIES IS MADE WILL BE DEEMED TO HAVE REPRESENTED AND AGREED THAT IT IS A QUALIFIED INVESTOR. ANY INVESTOR WILL ALSO BE DEEMED TO HAVE REPRESENTED AND AGREED THAT ANY SECURITIES ACQUIRED BY IT IN THE OFFER HAVE NOT BEEN ACQUIRED ON BEHALF OF PERSONS IN THE EEA OTHER THAN QUALIFIED INVESTORS, NOR HAVE THE SECURITIES BEEN ACQUIRED WITH A VIEW TO THEIR OFFER OR RESALE IN THE EEA TO PERSONS WHERE THIS WOULD RESULT IN A REQUIREMENT FOR PUBLICATION BY THE COMPANY OR ANY OF THE MANAGERS OF A PROSPECTUS PURSUANT TO ARTICLE 3 OF THE PROSPECTUS DIRECTIVE.

THIS ANNOUNCEMENT MAY CONTAIN PROJECTIONS OR ESTIMATES RELATING TO PLANS AND OBJECTIVES RELATING TO OUR FUTURE OPERATIONS, PRODUCTS, OR SERVICES, FUTURE FINANCIAL RESULTS, OR ASSUMPTIONS UNDERLYING OR RELATING TO ANY SUCH STATEMENTS, EACH OF WHICH CONSTITUTES A FORWARD-LOOKING STATEMENT SUBJECT TO RISKS AND UNCERTAINTIES, MANY OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY. ACTUAL RESULTS COULD DIFFER MATERIALLY, DEPENDING ON A NUMBER OF FACTORS.