Guest contribution: Office refurbishments as an investment opportunity

In his article “Office Refurbishments as an Investment Opportunity,” our CDO Norman Schaaf explores how targeted revitalization and the creation of additional development rights can unlock significant value potential in existing office properties.

Using our Hamburg project “Am Holstenwall” as an example, he demonstrates how the lettable area was increased by 44 percent to 11,626 square meters, successfully repositioning a property that had stood vacant for years.

The guest article was published in the 2026 Yearbook of German Investment Advisory by EXXECNEWS. This year's edition focuses particularly on private markets and features contributions from 66 authors.