Dudek & König – Berlin properties

berlin is our home.

ConTenT

About us .....................................5

Service profile ...........................9

Three steps to success ...........10

Evaluation & analysis ..........................11

Processing & preparation ..................13

Brokerage & sale .................................15

References ............................... 17

Residential and business buildings ...17

Projects .................................................21 Current projects .............................22 Completed projects ......................26

Contact & impressum ............29

5We WorK TogeTher...Dudek & Knig Immobilien Berlin the name stands for passion for Berlin and Berlin property, experience together with know-how, individual service opti-mally focused on our customers based on the greatest possible trust and with increasing fun and success.

...WiTh You...For us a property is far more than an ob-ject, it is part of a bigger picture and it can be developed. Identifying and stee-ring the development potential, and ad-apting it to the needs of our customers require in-depth market knowledge, well-founded expertise and an excellent sen-se of timing. We are the specialists who can sell your properties, whether en bloc or in part-ownership. And we do not stop until the project has been completed successfully.

Thanks to a great team we are able to keep to what we promise: individual ad-vice, optimal strategies, tailored solutions and convincing results.

Satisfied customers and references that fill us with pride are what drive us on.

...in berlin. Berlin is a great city. It is a city full of flair and character, a bright mixture with lots of green, it is exciting, inspiring and versa-tile it is everything except boring. Berlin continues to be an attractive destination for tourists, while private and commercial investors recognise its great atmosphere. The trend is on and upwards. Welcome to Berlin!

In purely quantitative terms, Berlin compri-ses 900 km neatly split into 12 districts. In qualitative terms no district is like the next and it is not uncommon for the atmos-Torsten Knig (left)

Marc Dudek (right)

6We have been working together successfully in Berlin for more than ten years. We know the city like the back of our hand Berlin is our home.

7phere to change from one corner to the next; this is essentially down to the exis-tence and development of very distinct neighbourhoods (currently approx. 60).

Berlin proves to us time and again that the present situation is an interim state between the past and the future. You also have to continually observe the city, in all of its details, phenomena and parti-cular changes. To understand Berlin you need to be constantly mobile, have a keen eye and keep your ears open. We do all of this for you.

We live in Berlin and would be pleased for you to accompany us in recognising trends and developments early.

berlin AT A glAnCe:

Historically low lending rates

The economic environment is stimulating the property market

Property is gaining in importance as a se-cure and profitable investment alternative

The opening of the Berlin Brandenburg In-ternational Airport will provide further im-petus for growth

Berlin is benefiting from an increasing number of inhabitants and households

Berlin is catching up! Rising average pri-ces and rents in all submarkets

The demand for freehold apartments for own use and to supplement old-age pen-sions is rising steadily

Sharp rises in rents are increasing the wil-lingness of tenants to buy the apartments they live in

Berlins properties are still comparatively cheap when compared to properties in other German metropolises

8Everyone gets exactly what they need transparently, ef-ficiently and profitably. Benefit from our experience and our service profile tailored perfectly to meet your needs.

9serViCe ProFile

We sell...With us you have an established and highly efficient sales team who will sell your proper-ty for you based on a sound assessment of the current market situation. We analyse the potential of your property and develop the right sales strategy. With our good network in Berlin, Germany and abroad, we have available a large pool of potential buyers.

We ConVerT ProPerTies... There are cases where it is better not to sell a residential and business building as such in its current condition. Our experi-ence has shown us that it is often more profitable to sell freehold apartments with optimised layouts in part-ownership. If you need a residential and business building to be converted with renovati-on and minimally invasive changes into a collection of sought-after freehold apart-ments we are the right specialists for you. We would of course also be happy to sell this newly created property for you, professionally and with passion.

eVerYThing From one sourCe...In order to find profitable investment properties, important factors need to be considered and researched before-hand. We provide you with help and ad-vice as you decide what property to in-vest in a sound financial investment has to be well thought out. We will find the right investment property for you, help you in the purchase transaction and as-sist you with our complete portfolio of services. You will find an overview on the following pages. Simply choose what is right for you from our range of services. We would be happy to help you decide.

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Development in the average m pri-ces of freehold apartments between 70 m and 150 m broken down by the number of rooms (1 to 3-bedroomed freehold apartments) in Berlin Charlot-tenburg (PLZ 10585, 10587, 10589) bet-ween 2004 and 2011 (all property ages)

Development of the average marke-ting time in days of freehold apart-ments between 70 m and 150 m bro-ken down by the number of rooms (1 to 3-bedroomed freehold apartments) in Berlin Charlottenburg (PLZ 10585, 10587, 10589) between 2004 and 2011 (all property ages)

number of freehold apartments on offer between 70 m and 150 m bro-ken down by the number of rooms (1 to 3-bedroomed freehold apartments) in Berlin Charlottenburg (PLZ 10585, 10587, 10589) between 2004 and 2011 (all property ages)

Average m prices of 1-bedroomed free-hold apartments in Berlin-Charlottenburg



Development of the average marketing time in days of 1-bedroomed freehold apartments in Berlin-Charlottenburg



Number of 1-bedroomed freehold apart-ments on offer in Berlin-Charlottenburg



Ave

rag

e p

rice

s

/ m

2.900,00

2.700,00

2.500,00

2.300,00

2.100,00

1.900,00

1.700,00

1.500,00

2004 2005 2006 2007 2008 2009 2010 2011

Ave

rag

e m

ark

etin

g ti

me

in d

ays

300

250

200

150

100

50

02004 2005 2006 2007 2008 2009 2010 2011

Num

be

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ree

hold

ap

art

me

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on

offe

r

300

250

200

150

100

50

0

2004 2005 2006 2007 2008 2009 2010 2011

ExAMPLE OF A MARKET ANALYSIS FOR SALE IN PART-OWNERSHIP

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Record your personal situation / your companys strategy

Property evaluation / assessment of current situation (asset value analysis and earnings analysis) Incidental costs analysis Market, location and competition

analyses (including rent)

Review of marketing opportunities Global sale Subdivision into apartments, sale in

part-ownership

Review current finance and finance to be raised

Commercial and technical due diligence (document management)

Finalreportandrecommendationforaction

Three sTePs To suCCess

sTeP 1

eVAluATion & ANALYSIS

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exAmPle oF PrePArATion oF lAYouTs For sAle in PART-OWNERSHIP

Original floor plan

First draft of new division

Minimally invasive optimi-sation of layout

Legend

Existing property

New constructions

Tear-off part

Final graphically-prepared floor plan

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sTeP 2

Property strategy / renovation concept

Advice on and arrangement of finance

Development of marketing strategies to be presented to the bank of the property developer / investor

Feasibility studies

Recommendations on layout and fixtures and fittings

Sale price suggestions based on the cur-rent demand and market situation

Tenant management / modernisation an-nouncements

Support in preparing partition deeds, con-tracts of sale and building specifications

Recommendations to improve the value chain

Optimisation of operating and administra-tive costs

Acquisition of additional properties

Schedule

ProCessing & PREPARATION

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INRRENTYEAR FOLLOWINGYEARItem Propertydocument Responsible Status May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

1 Pre-salemeasures1.1 Marketing contract D & K/IN 100%1.2 Building specifications for collective ownership ArCh 100%1.3 Apartment owners association proceedings Pm 100%1.4 Planning permission ArCh 100%1.5 Monument preservation statement (for tax incentives) ArCh 75%1.6 Allowable modernisation/renovation costs ArCh 25%1.7 Land registry material in 100%1.8 Photographic documentation D & K 100%1.9 Land register pages in 100%1.10 Draft contracts (in accordance with German

Real Estate Agent and Property Developer Law)in 100%

1.11 Maintenance cost accounting Pm 100%1.12 Individual management plans Pm 100%1.13 Energy certificate after renovation in 0%1.14 Partition deed in 100%1.15 Layouts (current/AB/sale) ArCh 100%1.16 Sales price list D & K/IN 100%1.17 Keys Pm 100%

2 Sale2.1 Modernisation allocation announcement Pm 50%2.2 List of tenants after modernisation allocation

announcementPm 50%

2.3 Tenant advice/sale to tenants PM/D & K 0%2.4 Rent termination agreements D & K 15%2.5 Sale (ratio of revenue realised to total revenue) D & K 12,47%2.5.1 Sale of free freehold apartments (ratio of sold

freehold apartments to free freehold apartments)D & K 48,25%

2.6 Advice on finance D & K 5%

3 Marketing3.1 Advertising sign D & K 50%3.2 Email newsletter D & K 16%3.3 Print media D & K 16%3.4 Advertising campaigns D & K 0%3.5 Internet portals D & K 16%3.6 Posters D & K 25%3.7 Company homepage D & K 16%3.8 Property homepage D & K 50%3.9 Customer mailings D & K 16%3.10 showcases D & K 16%3.11 Presentation at selected bank/finance centres D & K 0%3.12 Open-house events D & K 8%3.13 Customer magazines D & K 0%3.14 Financial advice D & K 5%

4 Structuralmeasures4.1 Building specification for separate ownership if re-

quested by the customer, renovation costing for se-parate ownership (show apartment is completed)

ARCH/NN 50%

4.2 Renovation work for separate ownership ARCH/NN 0%4.3 Renovation work collective ownership ArCh 0%4.4 Show apartment in 5%

5 Purchasepricesettlementdates5.1 1st purchase price instalment (approx. 85%) 0%

5.2 2nd purchase price instalment (approx. 6.5%) 0%

5.3 3rd purchase price instalment (5%) 0%

5.4 Final instalment after defect-free handover for collective ownership (3.5%)

0%

6 After-salesserviceASS6.1 Handover of apartments PM/ARCH 0%6.2 Apartment owners association/separate ow-

nership administrationPm 100%

6.3 Reletting if requested by the buyer Pm 0%

exAmPle oF sChedule

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sTeP 3

Development of marketing strategies and holistic sales concepts

Sales coordination

Support in preparing the complete sale presentation Expos, flyer, brochures Advertising on the property Internet presence for your property Project films Insertion in newspapers and on profes-

sional internet property platforms Target-group-oriented mailings to our

customers Targeted direct mail

Realisation of pre-sale status in line with bank requirements

Sales activities, presence in show apart-ments, houses and showrooms

Open-house events

End-customer finance, credit check

Tenant privatisation, rent termination agreements

Letting

Support in drafting and checking contracts

Regular reporting

Successfulpropertytransaction

broKerAge & SALE

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reFerenCes

RESIDENTIAL & business buildings

As diverse as the people who live and work in them are the buildings that pro-vide them with space to do so. The peo-ple come and go, but the buildings stay. Times change, and so too must the buil-dings sometimes in order to remain at-tractive of course always in their own unique way.

We have brokered a wide range of buil-dings across Berlin, and in many cases we have adapted them to reflect the current zeitgeist.

We would be happy to send you information on further reference properties upon request.

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Reinickendorf

Mitte

Pankow

Spandau

Charlottenburg-Wilmersdorf

Steglitz-Zehlendorf Neuklln

Friedrichshain-Kreuzberg

Treptow-Kpenick

Marzahn-Hellersdorf

Tempelhof-Schneberg

Lichtenberg

Prenzlauer-Berg

A seleCTion oF reFerenCes For The broKering oF resi-DENTIAL & BuSINESS BuILDINGS

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Reinickendorf

Mitte

Pankow

Spandau

Charlottenburg-Wilmersdorf

Steglitz-Zehlendorf Neuklln

Friedrichshain-Kreuzberg

Treptow-Kpenick

Marzahn-Hellersdorf

Tempelhof-Schneberg

Lichtenberg

Prenzlauer-Berg

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reFerenCes

We loVe ProjeCTs.

On the following pages you will find brief information on some of our projects to date.

Current Projects:

Thelen-Carrs (40 residential units)

Amannshauser (74 residential units)

Handjery 60 (18 residential units)

Cuno 55 (23 residential units)

Kuno-Fischer-13 (24 residential units)

uhland 54 (21 residential units)

Completed Projects:

Duncker 75 (41 residential units)

Wohnpark Steglitz (410 residential units)

Richard-Sorge-24 (30 residential units)

Brehme 24 (10 residential units)

We would be happy to send you information on further projects upon request.

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Anna-Seghers-StraeAltheider StraeAdlergestellSeidenbaustraeThelenstrae

IMPRESSUM AGB JOBS PARTNER

Thelen-Carrs IDYLLIC COURTYARDS

www.thelen-carres.de

Berlin Treptow-Kpenick (Adlershof)

40 residential units

Built approx. 1934

3-storey quadrangles

Apartments from approx. 43 to 93 m

with 1 to 3 bedrooms for investment

Modernised in 1999

Some with balcony

Central heating from the district heat net-work

Very good public transport connections and infrastructure

All apartments currently have tenants

Tenant privatisation

Sale of let apartments for investment

CuRRENTProJect



Amannshauser Str. 2, 2a, 3 and Johannisberger Str. 73

www.assmannshauser.de

Sunny Times

Amannshauser & Johannisberger73

Berlin-Wilmersdorf

Between Rdesheimer Platz and Heidelberger Platz


Built approx. 1980

lift

Generous balconies

Apartments from approx. 65 to 84 m with 2 to 3 bedrooms for investment

Merger of apartments possible

Parking spaces on the site

Centrally heated by district heating system



CuRRENTProJect

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Handjerystr. 60


Living in Berlin-Friedenau

Handjery60

www.handjery60.de

Berlin-Friedenau


Built approx. 1981

lift

Generous south-facing balconies

Apartments from approx. 70 to 93 m with 2 to 3 bedrooms


Parking spaces on the site possible

All of the apartments are currently let

Concept


Sale in part-ownership of units that are ready to move into and units that are al-ready let for investment

CuRRENTProJect

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Cunostr. 55, 56

www.cuno55.de

Cuno55MODERN LIVING

Berlin Wilmersdorf


Built approx. 1992

lift

Generously sized balconies and/or loggias

Ground floor apartments with own gardens

Apartments from approx. 68 to 118 m with 1 to 3 bedrooms for investment

underground parking spaces available

Modern gas central heating

Located in the popular city area of Schmargendorf

All apartments currently have tenants

Accessible



CuRRENTProJect

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Kuno-Fischer-Str. 13


The Lake House

Kuno-Fischer-13

Berlin-Charlottenburg


Built approx. 1908

Lifts in the front house and garden house

Apartments from approx. 117 to 275 m2 with 3 to 7 bedrooms



Modern top floor

Property with direct access to lake

Concept



www.kuno-fischer-13.de

CuRRENTProJect

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uhlandstr. 54/55

Berlin-Wilmersdorf


Built approx. 1900

Lift in the front house

Modern top floors

Apartments from approx. 61 to 145 m2 with 2 to 4 bedrooms



Concept



www.uhland54.de

In the heart of the city

UHLAND 54

CuRRENTProJect

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Dunckerstr. 75

Floor overview after conversion, example of 3rd floor

Prenzlauer Berg

dUNCKER75


New concept

Rent termination agreements


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Derfflinger Str. 45/47Seydlitzstr. 3741aFrobenstr. 4652

Seydlitzstr. 25a42Derfflinger Str. 44/46

Havensteinstrae 3555Seydlitzstrae 3842Frobenstrae 5470

Steglitz

WP


Tenant privatisation taking into account the prescribed Social Charter





3030

Richard-Sorge-Str. 67


Example cross-section of top floor

Example layout of top floor

Friedrichshain

Richard-Sorge- 67


Concept

Rent termination agreements

Sale in part-ownership to owner-occup-iers and investors

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Brehme24Pankow


Example cross-section of top floor

Example layout of top floor

Brehmestr. 24

Example faade illustration


Acquisition of the property for renovation

Concept


We Are here For You.

ConTACT

Your contacts:

Marc Dudek & Torsten Knig

[email protected]: 030 . 270 17 68-80 F: 030 . 270 17 68-99

www.dudek-koenig.de

imPressum

Mailing address:Dudek & Knig Immobilien GmbH BerlinHelmholtzstr. 2-9, 10587 Berlin Managing directors: Marc Dudek & Torsten KnigRegistered office and registry court: BerlinHRB 138126BVAT id no.: DE 280036020

Picture credits:S. 45: jk photographyS. 67: Kalle Kolodziej (Fotolia)S. 9: Franjo, M&S Fotodesign (Fotolia)S. 11: Chad McDermott, alnitak (Fotolia) S. 13: AVAVA, Valerijs Kostreckis (Fotolia)S. 1819: Eisenhans (Fotolia)

Layout & production:www.sinchenmedia.com

Print:www.motivoffset.de

2012 Dudek & Knig Immobilien GmbH Berlin

www.dudek-koenig.de . Helmholtzstrae 29 . 10587 Berlin . T: 030 . 270 17 68-80 . F: 030 . 270 17 68-99 . [email protected]

Dudek & König – Berlin properties

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