MAGNA Real Estate AG:|“You’ve been in trusted contact with us for 15 years.“
“It is with great pleasure that we would like to support your acquisition of further development objects with this letter. MAGNA Real Estate AG is one of the leading project developers and asset managers for residential and commercial real estate based in the Hanseatic City of Hamburg. In recent years, transactions of more than 3 billion Euro have been realized. You have been in trustful contact with us for approx. 15 years and have also worked in other real estate companies of our Management Board.
We would like to expand this contact in the future as well by means of a constant and lively exchange on new development properties. In January 2018, we successfully completed another joint transaction. The transaction brokered by your company is a real estate complex in downtown Ahrensburg, which we acquired for our individual fund Magna VZB Select. The purchase, which was personally accompanied by you, involves an area of approximately 7,000 m² with 122 residential and commercial units and a total volume of approximately 20 million euros. Throughout the entire process, you and your team have been supporting us at all times.”