4 Friends Investment

4 Friends Investment

Investment
with Perspective

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.

 Strategy:
Value Add/ Opportunistic
Strategy:
Core (+)
DescriptionSpecial situations that need new ideas and capital to unlock the assets’ full valueAssets with small upside potential that produce a stable cash flow
CountriesWestern and Central Eastern Europe with a focus on Germany and PolandGermany
LocationFit-for-purpose locations in cities of all sizesSecondary locations and fringes of Top10 cities
SectorsAll sectorsRetail, Residential
KPIsLow occupancy, short WAULT, no anchor tenant, struggling tenantsMedium to high occupancy, longer WAULT, good tenant mix
Building ConditionRefurbishment, remodeling or expansion required / possibleMinor investment recommended
DebtFlexibleHigh external financing
Investment Volume€20 to €150 mn€1 to €20 mn
Holding Period3 to 5 yearsLong 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 & ArchitectureLocation & Infrastructure
1,000 to 2,500 sqmTop 10 German cities
Across 1 to 3 floorsUrban locations
Ground floor entranceWith high footfall/traffic and visibility
High ceilingsGood connection to public transport
Ceiling load capacity >500 kg/sqmParking

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
DescriptionIdeas that seek for management expertise, network and capital
IndustriesPriority 1: Real Estate and Fitness, Health & Lifestyle
Priority 2: other industries
RegionGermany
SituationEarly stage or crucial point offering growth potential
Transaction TypePreferably minority participation in equity
Holding PeriodLong term
Contact us!

If you wish to discuss your questions on the topic of investment with us in person, please get in touch!

Christoph Wöstefeld

CEO / Head of Investment