The business model
Moderate buy-and-sell-strategy
Good locations
As an active portfolio holder, POLIS focuses on one market segment: office real estate in inner-city central locations at the most important German office locations. We invest in high-quality and well-situated buildings that enhance the prospect of seamless leasing.
Guaranteed cash flow and value creation potential
We buy both fully let properties with modern equipment that generate a secure cash flow (“core properties”) and real estate that is vacant or requires modernization but exhibits tangible potential for value growth (“value-added properties”). Growth in value is achieved, for example, by eliminating vacancies, changing the rental concept, repurposing, expanding or implementing architectural and technical modernization measures, including full revitalization. We also acquire real estate and non-office real estate, which we then turn into high-yield office real estate.
Multi-tenant strategy
We pursue a multi-tenant strategy; this means our business model is primarily geared towards office properties with multiple tenants as opposed to a single tenant. This strategy reduces the risk of rental losses and the likelihood that substantial rental spaces come up for re-letting at the same time.
Attractive returns at moderate risk
Our policy is consistent with our desire to increase shareholder value, cash flow and attractive return while maintaining a moderate level of risk.
Buy-and-sell strategy
After modernization, repurposing or re-letting, the company sells office properties to a moderate extent in order to realize value increases.
Additional services
We are increasingly offering our tenants additional services to enhance the attractiveness of the rental space.
Our values
Our professional activity takes into account compliance with certain core values. These values shape our way of working and commit us to act ethically and responsibly towards shareholders, business partners, employees and society.
Integrity, honesty and openness are prerequisites for trusting relationships, which are our basis for our dealings with shareholders, prospects, business partners and tenants.
Customer orientation
We want to provide modern, technically high-quality and economical office and business premises with an appealing working environment and help our tenants to be as successful as possible in their work or business. In addition, we want to achieve a high level of tenant satisfaction through good service.
Creating sustainable values
The focus on good, mostly inner-city locations, the observance of high quality standards and diversification of tenants (multi-tenant concept) ensure high investment security for our real estate portfolio and guarantee the permanent cash flow and value appreciation that our shareholders seek. In the interest of the sustainability of this performance, we take into account environmental aspects such as the use of resources, waste management and the environmental compatibility of building materials. POLIS is a founding member of the German Sustainable Building Council e.V.
Innovations
POLIS Immobilien AG strives to offer tenants not only modern office space but also additional services in the future in order to generate additional benefits for the tenant. POLIS is also successful in terms of its own business operations with a very high level of automation and digitalization. In addition to a sophisticated IT architecture (consisting of ERP, planning and document management systems), electronic invoicing, process assurance and workflows as well as largely automated accounting entries deserve mention. All employees can access customizable, self-updating user interfaces via a BI solution. In the future, POLIS also wants to link building services more closely with the automated commissioning of maintenance and repair services. POLIS is an active driver of software development in the real estate sector and always endeavours to create further advantages and benefits both internally and externally.
Our targets
Operational targets
- Creating market-driven office and business premises that meet the expectations of our tenants and their employees.
- Creating sustainable value through the acquisition, modernization, maintenance and management of quality real estate in attractive locations.
- Achieving excellent results in project planning and execution.
- Customer orientation and service in the care of our tenants.
Financial targets
- Achieving long-term, profitable growth in order to increase the enterprise value.
- Achieving attractive returns for our shareholders with a moderate operational and financial risk structure.