BGP – The Company And Its Mission

BGP is a European Real Estate investment company with around €1.3 billion in assets in Germany, France and Denmark. From its beginnings in 2005 as a joint venture between Australian companies Babcock & Brown and the GPT Group. BGP was restructured in 2009 as an independent company with over 58,000 shareholders. Its mission is to manage its assets with a view to ultimate repatriation of value to these shareholders.

PORTFOLIO

NEWS

  • Concarus buys shopping centre in Kelheim from BGP

    27 March 2015

    Concarus Real Estate Invest, a company in the May & Porth group, has acquired a shopping centre in Kelheim near Regensburg, Lower Bavaria. Luxembourg‐based BGP Investment, advised by Internos Global Investors, was the seller. The retail park on Schäfflerstrasse has a rental area of 19,000 sqm plus 600 parking spaces. The largest tenants are Edeka, Hagebaumarkt, C&A, Norma, and Deichmann. Concarus said it would continue the current revitalization of the centre. BGP is currently selling its Germany retail portfolio in order to focus on its core business of residential real estate.

  • BGP sells down final assets of Residential Joint Venture with Oxford Properties.

    26 January 2015

    ADLER Real Estate AG, Frankfurt am Main, Ger-many has successfully completed the acquisition of a portfolio located in Lower Saxony comprising c. 6,750 residential units in Wilhelmshaven, a transaction that was notarised in Q4 2014.

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  • BGP completes refinancing of Bundaberg German Residential portfolio

    23 December 2014

    BGP Investment has completed a €160 million refinancing of its Bundaberg German Residential portfolio with Berlin Hyp. The 7 year loan completes the overall refinancing of BGP's Resi assets which commenced in 2013 with the launch of the Monnet Finance CMBS issue.

    Mark Dunstan, CEO of BGP Investment, commented: «The timing of the new loan has allowed BGP to lock in historically low rates and to significantly push out its debt maturity profile while maintaining conservative gearing levels.»

    The Bundaberg portfolio consists of just over 4,000 units largely in the Berlin, Schleswig Holstein and North Rhine-Westphalia regions of Germany.

  • INTERNOS sells MKV in Munich to Marathon on behalf of BGP Investment

    6 October 2014

    INTERNOS Global Investors Limited ('INTERNOS'), the €4 billion owner-managed real estate fund management firm, has sold MKV, a mixed-use retail/logistics asset in inner Munich, Germany, to MCAP Global Finance, Ltd., a wholly owned subsidiary of New York based investment adviser Marathon Asset Management. The disposal was completed on behalf of BGP Investment, the former joint venture between Australian companies Babcock & Brown and the GPT Group.

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  • BGP formulates exit strategy for German residential portfolio

    The Australian - September 2014

    The investment vehicle that GPT Group spun off in the depths of the global financial crisis to hold its stake in a series of European assets has appointed investment bank Lazard to advise on exit strategies that could see its €1 billion-plus German residential portfolio floated in Europe or sold off privately next year.

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  • BGP Investment sells HBI Netherlands portfolio for €106 million

    BGP Investment - July 2014

    BGP Investment has sold the HBI Netherlands portfolio (HBI), to Hansteen Holdings PLC for a total consideration of €106 million. BGP was advised by Internos Global Investors in the sale.

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  • BGP Retail Assets acquired by French Fund

    BGP Investment - July 2014

    INTERNOS Global Investors Limited, the €4 billion owner-managed real estate fund management firm, announces the acquisition of its first two retail park assets in Rottenburg and Moosburg (Bavaria), Germany for €15.9m.

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