![]() ![]() The value of the real estate assets under management is around EUR 1.5 billion, with office properties accounting for around 80 percent and retail properties for 20 percent. The service range of Montano Asset Management GmbH, founded in 2012 and headquartered in Munich, includes the areas of asset management (including renting management), investment management (acquisition review and transaction advice) and co-investments. As a real estate investment company, we will benefit directly from the combination of Montano’s operational know-how with TTL’s recognised expertise in financing and supporting real estate projects,” says Theo Reichert, CEO of TTL AG. ![]() We expect considerable growth for both companies from the synergies of the business models of TTL and Montano. Montano is one of the leading core-plus and value-add real estate managers in Germany with a diverse range of services, a strong track record and a young, dynamic team. “With the investment in Montano, we continue to implement our strategy of growth through direct and indirect participation in attractive real estate companies and projects. The closing of the transaction is scheduled for December 2020. The purchase price for the 30 percent share is in line with normal market conditions. TTL invests through the acquisition of shares from current Montano shareholders and the subscription of a capital increase. Montano manages commercial real estate in Germany primarily for institutional investors from abroad. TTL Beteiligungs- und Grundbesitz-AG (“TTL”, “TTL AG”) (ISIN DE0007501009) acquires a 30 percent stake in Montano Asset Management GmbH (Montano). ![]() Excellent synergies through complementary business areas.Montano Asset Management GmbH is one of the leading independent core-plus and value-add real estate managers in Germany.TTL acquires 30 percent of Montano through the acquisition of shares from current shareholders and subscription of a capital increase.If in any doubt, please contact your provider and access the website manually.TTL continues growth strategy and acquires a stake in Montano Asset Management GmbH Make sure the address is correct (URL), use the right protocol ( instead of just and verify the website's authenticity on the basis of the certificate. In order to protect against so called phishing attacks, please check that you have been forwarded to the proper website of your provider. Tradegate Exchange has no intention of entering into any legally binding relations regarding contractual relationships, however made, arising from forwarding to other web pages. Please make an additional check of all details in the securities order mask before you execute the order. At this stage the WKN/ISIN, buy/sell and stock exchange Tradegate Exchange are usually preset. The user should therefore seek detailed personal advice before making any investment decision.īy clicking "accept" to agree to this disclaimer and after logging in you will be redirected straight to the order mask of your chosen provider. In this context, Tradegate Exchange points out that stock market transactions are associated with risks. It accepts no liability for the data, details, presentation or other information provided on those web pages, in particular for any damages resulting from consulting such information for your investment decisions. Tradegate Exchange has no influence on the function and contents of those web pages. The web pages to which you will be forwarded do not belong to the Tradegate Exchange website. By clicking the button "accept" you will exit the Tradegate Exchange website. ![]()
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