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Research update: Bau-Verein zu Hamburg AG

15. Dezember 2008



Value, even without realising hidden value

Bau-Verein zu Hamburg buys and develops residential properties to either sell or hold as long-term investments. The company has some 109 employees and is 71.23% owned by the listed group...


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Research update: Bau-Verein zu Hamburg

09. Juli 2007



Waiting for residential REITs

Bau-Verein zu Hamburg was initially planned to become a real estate investment trust REIT. Residential properties though are currently excluded with only commercial REITs being expected. The change to legislation has meant Bau-Verein zu Hamburg has accelerated its strategy to focus on residential and sold commercial assets to its parent company TAG Tegernsee. We nevertheless believe residential REITs could ...


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Research note: Bau-Verein

16. Mai 2006



REIT under construction

Real estate investment trusts REITs should be introduced in Germany in 2007. Final details of the features needed to become a REIT have not yet been agreed by the German government. However, as a focused property group Bau-Verein zu Hamburg could become one of the country’s first ...


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