Year of foundation / Gründungsjahr: 2006 Head of organization / Geschäftsführung: Jan Oliver Rüster (CEO), Jürgen Faé (CFO)
Company's activity: MAGNAT is a real estate company with a focus on real estate development in Eastern European countries. Seed investors were the Silvia Quandt family, the two financial investors Themis Equity Partners and Heliad Equity Partners, and the management. With its opportunistic strategy, MAGNAT capitalizes on inefficiencies in real estate markets. In contrast to traditional investment strategies, MAGNAT not only benefits from rental income, but also and primarily from attractive development yields and the comparable short time of capital employed in its projects. All projects must meet an above-average yield requirement. Management focuses on real estate markets with interesting development cycles, i.e. undervalued markets (»anti-cyclical investing«) and markets with high economic growth rates (»growth markets«). The regional focus is currently on Central, Eastern and South-Eastern Europe, supplemented by opportunistic, special situations in the German home market.