North Rhine-Westfalia

Investment Thesis

North Rhine-Westphalia (NRW) with more than 17.9 mn inhabitants, is the most populous state of Germany. The Rhine-Ruhr metropolitan area, in the heart of the European 'Blue Banana' is the largest urban area in Germany and the third-largest in Europe. The state has always been Germany's powerhouse with the largest economy among the German states by GDP figures.

Current focus of Wohnen Nordwest GmbH is Duisburg, a city in the Ruhr metropolitan area of NRW. Lying on the confluence of the Rhine and the Ruhr rivers, Duisburg historically was a member in the Hanseatic League and later became a major centre of iron, steel, and chemicals industries. Today it boasts the world's largest inland port which most recently was connected to China's new silk road.

Post-WWII Duisburg experienced a high influx of immigrants which in part makes the city a hard-to-navigate real estate market. The south benefits from its vicinity to Duesseldorf, the north in contrast is know for 'no-go zones'. Inbetween inside investors such as ourselves can identify neighborhoods with healthy demographics and strong potential in line with Duisburg's overall positive momentum.

In the following we would like to briefly introduce a few select holding properties. Please feel free to contact us to discuss details of the underlying case study.