Germany
CIT has offices in Hamburg and Dresden. From here, due diligence on potential transactions and asset management initiatives are undertaken, in concert with the expertise from our London office.
CIT's German portfolio currently includes 48 properties totalling approximately €500m.
Case Study
Alban Gate
Purchased in December 2000 for £156.5 million. Renegotiated 11 of the 13 office leases. Sold in June 2003 for £239 million. Annualised Investor IRR of 34% on £42 million of investor equity. Read more »
We have been working very successfully with CIT for many years now with both their development and investment teams. We are very happy to support their acquisitions and development schemes. Their approach is clever, innovative, analytical and experienced.
Bruce Matthews, General Manager, Deutsche Postbank AG, London Branch
