4 Friends Investment
We invest our own capital as well as that of select co-investors and institutions and actively manage these investments with our own team.
A glance at our investment profiles will show you whether your project meets our investment criteria and fits our areas of expertise.
Our investment profiles
We invest in assets which require active management and allow to add value. We are looking for special situations and we are attracted by challenges that need to be solved. Through our wide and deep real estate industry network as well as our own team’s profound expertise and ample track record we develop creative solutions for complex situations. We are open for Joint Ventures, Club Deals and for teaming up with operating partners.
Value Add/ Opportunistic
|Description||Special situations that need new ideas and capital to unlock the assets’ full value||Assets with small upside potential that produce a stable cash flow|
|Countries||Western and Central Eastern Europe with a focus on Germany and Poland||Germany|
|Location||Fit-for-purpose locations in cities of all sizes||Secondary locations and fringes of Top10 cities|
|Sectors||All sectors||Retail, Residential|
|KPIs||Low occupancy, short WAULT, no anchor tenant, struggling tenants||Medium to high occupancy, longer WAULT, good tenant mix|
|Building Condition||Refurbishment, remodeling or expansion required / possible||Minor investment recommended|
|Debt||Flexible||High external financing|
|Investment Volume||€20 to €150 mn||€1 to €20 mn|
|Holding Period||3 to 5 years||Long term|
After founding TRU Fitness in 2017, the company is a growing gym chain and invests in related businesses. This is our Expansion Search Profile:
|Lease Area & Architecture||Location & Infrastructure|
|1,000 to 2,500 sqm||Top 10 German cities|
|Across 1 to 3 floors||Urban locations|
|Ground floor entrance||With high footfall/traffic and visibility|
|High ceilings||Good connection to public transport|
|Ceiling load capacity >500 kg/sqm||Parking|
Our 15+ years experience in founding and managing over 50 businesses allows us to share expertise, network and capital with thriving business models and excellent people. We are constantly looking for talents that develop convincing business ideas and seek for strong support and partnership in getting started or managing their existing set up. We aim to be long-term partners in unlocking the ideas’ full potential, preferably within our core sectors real estate and fitness, health & lifestyle.
|Strategy: Growth Support and Financing|
|Description||Ideas that seek for management expertise, network and capital|
|Industries||Priority 1: Real Estate and Fitness, Health & Lifestyle
Priority 2: other industries
|Situation||Early stage or crucial point offering growth potential|
|Transaction Type||Preferably minority participation in equity|
|Holding Period||Long term|
If you wish to discuss your questions on the topic of investment with us in person, please get in touch!
CEO / Head of Investment