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Reuters report leased by HG Esch in Carlswerk

FRANKFURT, Sept 28 (Reuters) - More appraisers qualified to survey specialised segments of the real estate market are needed to prevent future bubbles that could trigger a double-dip in the economy from forming, a fund manager told Reuters on Tuesday.
"In an industry where everything is becoming increasingly specialised, it is simply not possible for a single surveyor to make an accurate valuation judgement of an office block in New York, a factory in Sydney and a family home in Frankfurt," Ingo-Hans Holz said.  "It's like going to the dentist with a knee-problem."
Holz manages the first property fund for German corporate real estate -- the BEOS Corporate Real Estate Fund Germany I -- and is the director of BEOS, a German construction management association which has been developing property since 1997.
The fund, which started up earlier in September, has raised 200 million euros ($269.3 million) from institutional investors, an amount Holz plans to double. He sees half of the fund being held in equity.
About 10 major open-ended real estate funds in Germany closed at the peak of the global financial crisis two years ago, because they were afraid of investors pulling money out and being left with no liquidity. "These fund closures shook investor confidence, but it is important to remember the nature of our investor clientele and therefore the relative associated risk," Holz said.
Funds at KanAm Group, Aberdeen Immobilien and Morgan Stanley, which have been frozen for two years and are battling to retain investors when they reopen in October, chiefly attracted investors with short-term interests. The investor-base of the BEOS Corporate Real Estate fund however is made up mainly of savings banks with sufficient liquidity to stay on for the long-term, Holz said.

MID-CAP SECTOR
The fund, which is not yet measured against a benchmark index, has bought buildings in Berlin, Hamburg, Mainz, Karlsruhe, Frankfurt, Cologne and Stuttgart. Holz said he favoured properties in "B-locations", with high development potential but without top-end price tags. "We are particularly interested in properties in the so-called "Mittelstand segment" -- the middle class and mid-cap sector," Holz said, adding they can be used as offices, laboratories, or other facilities. According to Holz, this reduces the chance of the building remaining vacant for a sustained period of time.
"Looking at the wider economy, I believe that the tensions between Germany's thriving economy and the ailing economies of Greece, Ireland and Spain will remain, and so naturally this will impact the real estate sector, "Wood said." Nonetheless, I believe that Germany will continue to prosper compared to European neighbors and will not only be able to combat a sector but a double-dip double-dip in the resist economy. "
By Josie Cox

Fotos Milena Velba 2010

BEOS initiated on BEOS special funds

This year was BEOS represented at the user conference of the Real Estate Management GmbH
. BEOS had in 2008, controlling and management processes decided by a corresponding software company to support IMS and thus make company processes more efficient. On the implementation and successful use of the systems in the BEOS at the event was reported to then discuss with other users on iMS developments. A moody atmosphere and the evening program with a tour of the old town of Mainz and then dinner.

Milena Velba On Bus Adult

Trailer daydream

Zu meinem ersten Erotikfilm Tagtraum gibt es nun den Trailer auf youtube.
Weitere Informationen und Premieretermin in my past blog post . Once

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BEOS on the IMS software conference in Mainz

The Berlin BEOS has launched the first funds for corporate real estate in Germany. The "BEOS Corporate Real Estate Fund I, Germany has a target volume

of 400 million euros, 230 million in equity. So far, institutional investors, including insurance companies, foundations, pension plans and savings banks, fund shares in the amount of 175 million € have drawn. By the end, the entire equity to be drawn. Das für den Fonds geplante Fremdkapital von 170 Millionen Euro wurde unter Führung der Landesbank Hessen-Thüringen (Helaba) strukturiert.

Für den Fonds wurden bereits zehn Objekte in Berlin, Hamburg, Mainz, Karlsruhe und Stuttgart mit einer Gesamtmietfläche von rund 280.000 Quadratmetern und einer durchschnittlichen Mietvertragslaufzeit von sieben Jahren angekauft. Die erworbenen Immobilien sind zu rund 98 Prozent vermietet. „Die Objekte weisen eine Mischnutzung mit Büro-, Großhandels-, Lager- und Produktionsnutzung auf und sind an mehr als 80 mittelständische Unternehmen mit guter Bonität und breiter Branchenstreuung vermietet“, erklärt Stephan Bone-Winkel, CEO of BEOS.

BEOS is the asset manager of real estate special fund under German investment law. INTREAL International Real Estate Investment Company Ltd. acquires administration, fund accounting and risk management for the fund. The real estate investment trust service was founded in 2009 and is a 100-percent subsidiary of Warburg - Henderson real estate investment management company mbH, Hamburg.

The planned annual dividend of seven percent. "The Fund offers institutional investors in Germany, the first investment opportunity of this Way to invest in real estate business segment, "said Bone-Winkel. According to a study published in May BulwienGesa corporate real estate with 1,100 billion euros in value by far the largest real estate segment in Germany, and larger than the office, retail and hotel sectors together. "The transaction market for real estate companies currently offer many opportunities for attractive investments. We are therefore planning further acquisitions in the short term, "said Ingo-Hans Holz, Managing Director of BEOS.

Use Of Words To Make A Paragraph

BEOS funds for corporate real estate

as unofficial Pre-opening of the Photokina was the opening of the exhibition
"Cities Unknown - China's megacities" of the internationally renowned architectural photographer Hans Georg Esch in the rooms of the workshop of Cologne Carlswerk a fitting setting

. A warm introduction guaranteed senior representatives from business and science. Besides Stephan Gemkow, CFO of Lufthansa AG, recalled the daring flights of the first airline to China, spoke of the Heidelberg researcher and architect Eckhart Ribbeck about realities in China.

The contribution by Andreas Kaufmann, Chairman of Leica Camera AG, who challenged the uniqueness of the art in the center of the interested public met with broad approval. Klaus Honnef, Professor of Theoretical photography referred to the perfect harmony of the exhibits and the exhibition venue in which to float the images between the listed stud frame.

HG Esch understands it, the almost unknown in the West China's large cities, which he, during his several months of travel through China photographing a face to lend. On the occasion of Photokina Esch documented in the exhibition "Unknown Cities" on the basis of large-format images of cities, the rapid development of the most populous country on earth in the work of Carl. The images Esch lead the viewer the inexorable growth of Chinese megacities like Guangzhou, Tianjin, Harbin, Xi'an, Shenyang, which develop far from the economic and cultural cities such as Hong Kong or Shanghai, in mind.

addition to 500 international guests who admired after the opening speeches, the art and controversial subjects, it was HG Steve Sasson Esch welcome as guest of honor of the exhibition opening. Sasson heralded by the invention of the digital camera in 1978, a new era of photography and created the basis for the stunning works of art HG Esch.

in 1897 built workshop building was originally used for the production of springs and wires, and later subjected to the locksmith's workshops in the building. The BEOS GmbH, in collaboration with the architects at ksg Listed buildings zu einem modernen Loft Büro umgebaut. „Die Mieteinheiten sind nun soweit fertig gestellt, dass die Mieter den Lofts durch individuelle Ansprüche und Anforderungen ihren ganz eigenen Charakter verleihen können. Es ist alles vorhanden, was ein modernes Büroloft auszeichnet. Wir warten auf die Inspiration der Mieter, um den Räumen weiteres Leben zu verleihen“, so Holger Matheis von der BEOS

P.e.d. Connectorsh-19

first greeting from the photokina

on the crowded photokina, I strolled to the state of SIGMA Photo and watched the exhibition of this year's photo competition in Germany's best photographer. Promt and I made a puzzled face as I saw hanging as one of my pictures.

a second time's has not worked with a first place, but I am very pleased that one of my pictures was issued.

And how stupid I've been here, you see here.

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China's unknown millions of cities get in Carlswerk a face - - Vernissage opening Photografieausstellung "China's megacities Cities Unknown" 1320 square meters of commercial areas in the Frankfurt Campus Oberhafen

BEOS has Campus Oberhafen 1320 square office and practice space to Hesse rented the German pension scheme. The lease with a term of 10 years and 5 months beginning on 1 December 2010.

In the upper harbor campus departments "Medical Investigation Bureau" and "audit services" will move to the German pension insurance Hesse.

care Hesse, the German pension system as a regional carrier of the 1.8 million compulsory pension insurance, 750,000 pensioners and 100,000 employers. She is responsible for € 6.7 billion the second largest public budget in Hessen.

Mounting A Blade On A Craftsman

Workshop Impression

A few impressions from the erotic workshop in Leipzig Stadtbad on 18.09.2010. Many thanks to the nice participants for their interest, you were really a great team.
And a big thank you to the model Ana Bena, for being brave in spite of the lack of heaters at 15 ° was their aktpos.

How Much Is A Violion Bridge

premiere of my first erotic film

Sinfully - a sensual evening between word and image

Author Christian von Aster and image-maker Corwin Kuhwede come together this evening to a voluptuous audience a clue special erotic pleasure to open up. opened

While the author the evening with some swashbuckling tales of pleasure and poetry, following the first erotic short film of the image-maker is shown that it goes beyond the boundaries of the still image to his motives are alive . let

seek stories such as film this evening then to capture on eye and ear the whole body. They are the living tradition of the erotic arts, who feel the other side of pornography, stereotyping and gender boundaries closest to the mysteries of sensuality and a comforting shudder required.

listen, Look, shudder ...

Friday, 29/10/2010
intake: 20:30 clock
Start: 21 www.kinobar clock

Kinobar Prague Spring
Bernhard-Göring-Straße 152 04277 Leipzig

-leipzig.de

Places are limited to 62, I book makes sense
Ticket prices: 6 € presale, 7 € AK

Tickets