Track Record

The KanAm Grund Group has a successful 20-year company history featuring a number of exceptional investments. Over the years, the Group has received many awards from rating agencies.

 


KanAm Grund Group: Timeline

With around USD 33 billion in transaction volume, more than 250 real estate purchases, and sales in more than 60 cities – the KanAm Grund Group has seen dynamic development since its formation in October 2000.

Oct. 2000

Founding of KanAm Grund Kapital-
verwaltungsgesellschaft mbH >>

Founding of KanAm Grund Kapitalverwaltungsgesellschaft mbH in Frankfurt
the first private capital management company in Germany (unaffiliated with any group)

Nov. 2001

Creation of a mutual fund company with the foundation of KanAm grundinvest Fond >>

Creation of a mutual fund company with the foundation of KanAm grundinvest Fond
first open-ended real estate fund in Germany investing exclusively in other countries and generating 100% tax-exempt distributions

May 2003

Founding of KanAm Grund Institutional Kapital-
verwaltungsgesellschaft mbH and launch of the specialized fund business

2005

Opening of the KanAm Grund branch in Paris

Dec. 2005
Dec. <b>2005</b>

50th Deal

April 2007

Founding of the subsidiary KanAm Grund America L.P. in Atlanta

Nov. 2007
Nov. <b>2007</b>

100th Deal

2012

Following the financial crisis... >>

Following the financial crisis, KanAm Grund works actively to introduce a minimum term and termination period for open-ended real estate funds

March 2011
March <b>2011</b>

150th Deal

July 2013

Creation of the LEADING CITIES INVEST fund >>

Creation of the LEADING CITIES INVEST fund
the first open-ended, next-generation real estate fund under KAGB

Nov. 2013

Founding of the KanAm Grund Group and KanAm Grund Real Estate Asset Management GmbH & Co. KG >>

Founding of the KanAm Grund Group and KanAm Grund Real Estate Asset Management GmbH & Co. KG,
following Strategy 2020 to realign and supplement the mutual and specialized fund businesses with the new business area Separate Accounts

2013

KanAm Grund Group evolves into an international real estate company >>

As a result of Strategy 2020, the KanAm Grund Group evolves into an international real estate company in the business areas of open-ended real estate funds, specialized real estate funds and separate accounts

2013

Development of a scoring model to identify leading cities and real estate markets (C-Score / G-Score)

2014

Creation of a family of rapidly growing, specialized real estate funds

Oct. 2014

Founding of GKREM with a Korean business partner to support Korean investors and headquartered in Seoul, Korea

Oct. 2014

KanAm Grund REAM accepts its first asset management mandate for a portfolio with a real estate value of approx. USD 1 billion

Feb. 2015
Feb. <b>2015</b>

200th Deal

Jan. 2016

Establishment of the Chinese Desk in Frankfurt to support Chinese investors

Dez. 2017
Dez. <b>2017</b>

250th Deal

2018

Opening of the branch in Luxembourg

March 2019

Establishment of the Korean Desk in Frankfurt to support Korean investors

March 2019

Development and further growth of the KanAm Grund Group through the implementation of Strategy 2025

 

Transaction volume (cumulated)
until 31 August 2019 (in USD millions)

150
2002′02
150,6
2126
2003′03
2.126,9
4056
2004′04
4.056,7
7433
2005′05
7.433,8
10209
2006′06
10.209,5
14001
2007′07
14.001,4
18246
2008′08
18.246,8
18571
2009′09
18.571,5
19702
2010′10
19.702,3
19967
2011′11
19.967,3
22644
2012′12
22.644,8
23371
2013′13
23.371,8
26051
2014′14
26.051,4
26637
2015′15
26.637,4
30291
2016′16
30.291,8
31215
2017′17
31.215,8
32246
2018′18
32.246,6
33313
2019′19
33.313,5
10.000
20.000
30.000
40.000

Selected investment examples

Germany, Europe and North America – core markets where we are working hard on behalf of our domestic and international investors. For examples of portfolio properties that have been purchased and/or sold, please check the following:

Awards for our work

How is our work rated by independent experts and analysts? See our success for yourself, as demonstrated by the numerous ratings and awards received by the KanAm Grund Group.

 

Ratings

06/2019*

Scope a+ AIF
Immobilienfonds Rating


06/2019*

Scope AA- AMR
Asset Management Rating


06/2018*

Scope a+ AIF
Immobilienfonds Rating


01/2018*

Scope A+ AMR
Asset Management Rating


06/2017*

Scope a+ AIF
Immobilienfonds Rating


06/2016

FERI AA
Immobilienmanager Rating 1)

1) Feri EuroRating Services AG wurde am 1. August 2016 von der Scope Corporation AG übernommen; daher gelten die Feri-Ratings bis zum 31. Dezember 2017


06/2016*

Scope a AIF
Immobilienfonds Rating


06/2016*

Scope A+ AMR
Asset Management Rating


03/2016

FERI A
Immobilienfonds Rating 1)

1) Feri EuroRating Services AG wurde am 1. August 2016 von der Scope Corporation AG übernommen; daher gelten die Feri-Ratings bis zum 31. Dezember 2017


06/2015*

Scope a AIF
Immobilienfonds Rating


06/2015*

Scope A+ AMR
Asset Management Rating


06/2014*

Scope A+ AMR
Asset Management Rating


03/2013*

Scope A+ AMR
Asset Management Rating


 

 

Awards

2018 (Scope Awards 2019)

Nominated in the categories
"Institutional Real Estate Europe" and
"Retail Real Estate Europe"


2017 (Scope Awards 2018)

Nominated in the category
"Special Award/ Product Launch"


2016 (Scope Awards 2017)

Nominated in the category
"Retail Real Estate European"


2015 (Scope Awards 2015)

Nominated in the categories
"Open Ended Funds/ Retail Real Estate Global"
and "Special Award/ Deal of the Year"


2013 (Scope Awards 2013)

Winner in the category „Asset Based Investments - Real Estate/ Portfolio Construction“

SCOPE honored the high level of transaction and innovation competence of KanAm Grund as a «first mover» in LEADING CITIES INVEST, the first new generation open-end real estate fund, with the Portfolio Construction Award 2013.


2012 (Scope Awards 2012)

Winner in the category „Management Performance/ Transparency“

KanAm Grund fund management won the SCOPE Award in 2012 in the «Management Performance Transparency» category. The factors «a high degree of credibility, maximum transparency and timely investor information» proved decisive in influencing the jury's decision.


* Find out more about Scope as well as the complete rating criteria.

Quality prevails in crisis situations

In 2008, Lehman Brothers filed bankruptcy in the United States. The financial crisis erupted and investors became nervous, withdrawing large amounts from their fund investments – including open-ended real estate funds in a matter of just a few days. What triggered this crisis and fund closures, and how did typical investors in KanAm grundinvest Fonds still manage to achieve positive returns?

A look back to the year 2008.

Many investors sold their fund shares almost overnight. Real estate, however, is a long-term investment that cannot be sold at a moment's notice. Many open-ended real estate funds had to halt repayments and were ultimately liquidated – including KanAm grundinvest Fonds, which was the first purely internationally invested open-ended real estate fund in Germany. Established in 2001 under former legislation, the fund possessed top ratings – for example, from FERI Rating and Öko-Test – as well as an attractive real estate portfolio with long-term rental agreements.

All of that was no help in the midst of the financial crisis, and the fund was forced to close and was later liquidated. But that wasn’t the end of the story. In contrast, the crisis highlighted the quality of both the portfolio as well as the fund management.

The KanAm Grund Group worked with the BaFin to develop Germany’s first liquidation strategy for an open-ended real estate fund. Known as "Agenda 2016", the strategy's aim was to achieve the best sale price possible for properties for the benefit of the investors.

The result: a typical KanAm grundinvest Fonds investor, with an average holding period for the shares of about eleven and a half years, achieved a positive investment return amounting to a cumulative 9.7 percent. Those who had been invested in the fund since its creation achieved a positive return of approximately 39.9 percent, despite the fund's liquidation.

For the extraordinary success of this liquidation, the KanAm Grund Group received the Scope Award in 2012.

Background: a new legislative environment

At the same time, the KanAm Grund Group worked actively to prevent similar developments from occurring in the future. Today investors enjoy excellent protection, among others, thanks to legally regulated minimum holding and termination periods.

The KanAm Grund Group also developed a "cash call" strategy, which enables it to avoid diluting the performance of real estate due to low interest levels – a procedure that is now commonly practiced in the market.

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