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

