Our medium-sized company from Münster buys real estate and real estate packages together with co-investors. Since 2009 the area of focus is the purchase and developement of properties with disrupted tenancy situations and massive structural deficiencies. In contrast to other companies or funds, we ourselves hold the majority of the investments for the long-term. We are not interested in a short term sale, but in long-term successful and sustainable utilisation. Our activities focus on objects built between 1950s to 1980s. A large part of these properties caused increasing problems for the previous owner. A changing market situation and non-compliance with structural standards lead to falling revenues. The results are large-scale vacancies. As cost-intensive modernization efforts can never be a guarantee of economic success, a sale to AREO Holding may offer a solution, before there is any Further structural, and thus financial, deteriation.