FOM Group Establishes Subsidiary for the Dutch Market

Group Establishes Subsidiary for the Dutch Market

• The property developer and asset manager has already been active in the Netherlands since 2018 as manager and co-owner of the Maas Tower in Rotterdam
• Company is to focus on repositioning and optimising standing properties
• FOM Real Estate Holland B.V. is headed by Matthijs Hoekstra and Andreas Stegmann
   

Heidelberg, 13 June 2023 – The FOM Real Estate Gruppe (“FOM Group”) just set up a wholly owned subsidiary, FOM Real Estate Holland B.V., in order to keep expanding its business line of repositioning and optimising standing properties in the Netherlands in analogy to its activities in Germany. The FOM Group has already been active in the Netherlands since 2018 as property developer and asset manager, successfully managing the Maas Tower, the tallest office building in the country. Rather than limiting itself to investments in the key segments of office and logistics, FOM Real Estate Holland will also focus on the business area of renewable energies. The managing directors heading the new company are Matthijs Hoekstra, who is in charge of the local asset management of the Maas Tower, and Andreas Stegmann, Head of Institutional Clients & Products at the FOM Group.

Prof. Reinhard Walter, the Managing Partner of the FOM Group, commented: “The Netherlands offer plenty of potential in our core business, meaning products involving a value-add approach. While the sustainability requirements for office and logistics properties are enormous, we have found a compelling way to meet them through one-off property strategies and pin-point market positioning.” Walter added: “In analogy to our approach in Germany, we are planning to launch our own fund products in the medium term while also undertaking single investments on behalf of institutional clients.”

Andreas Stegmann added: “It was a plausible next step for us to further expand our activities in the Benelux region – with a clear focus on the Netherlands – and to set up a local presence toward this end. By successfully optimising and refinancing the Maas Tower, one of the best known properties in Holland, FOM already demonstrated its competence. Backed by the team’s extensive transaction experience in this market, we consider ourselves well positioned to offer our clients attractive investment products here, in addition to our home market Germany.”

Press Contact

RUECKERCONSULT GmbH
Judith Väthjunker
Tel.: +49 221 292956314
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Contact Person at the FOM Group

Frank Schindelbeck
Tel.: +49 6221-3636618
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