With a portfolio of almost 4,000 student units Deutsche Real Estate Funds (“DREF”) is the largest private investor, owner and operator of student residences in Germany. Founded in 2013, the company chose Luxembourg as the ideal site for DREF’s business and investment plans. It covers the entire value-added chain: highly qualified property experts at DREF are responsible for selecting, developing, financing, modernising and managing residential units and student residences.
Next generation student living
Since early 2016, DREF lets its residential units to students under the label “TWENTY FIRST Student living”. The brand stands for a contemporary living concept that caters to the needs and lifestyle of today’s and future generations of students.
In doing so, TWENTY FIRST offers all services related to renting student accommodation online. The brand assigns particular importance to high and modern quality standards. An all-in flat rate for fully equipped en-suite rooms and apartments includes all housing costs and services. This makes student housing easier and more enjoyable than ever before. Offering next generation student living, TWENTY FIRST understands itself as a community manager. It wants to create a surrounding that enables students to connect, exchange ideas, study and live together.
An investment in infrastructure and education alike
Progressing on its expansion course, DREF is the only private real estate specialist, opening up an attractive opportunity for institutional investors to take a stake in infrastructure and education alike. In June 2015, DREF issued the first bond to finance student housing in Germany, which was increased to 77 million euros at the request of a number of investors. In June 2016, it placed a second bond with a volume of 63.5 million euros. Future bond issues will be supported by a Luxembourg-based issuing platform that DREF established under the administration of Hauck & Aufhäuser Alternative Investment Services. By the end of 2016, DREF intends to increase its portfolio to more than 6,000 units.
Chief of Marketing Officer
Chief Real Estate Officer
Director Letting & Customer Care
Managing Director Baucap and TWENTY FIRST
Vice President Business Development
33, rue du Puits Romain