Tristan Capital and Lübke Kelber Invest in Rhine-Main Residential Portfolio

Tristan Capital Partners and Lübke Kelber have partnered to invest in a residential portfolio in the Rhine-Main region, with a particular emphasis on Frankfurt. The EPISO 6 fund, managed by Tristan Capital, acquired around 450 units through this joint venture. A significant portion of the properties is located in Frankfurt, with additional locations in Offenbach, Wiesbaden, and Bad Soden.

The portfolio spans 26 assets totaling approximately 36,500 sqm. Lübke Kelber will act as the asset manager, expanding its managed portfolio to over 3,500 residential units. The joint venture has previously acquired 350 units in Leipzig.

The acquisition aims to leverage opportunities in the residential market in Frankfurt, known for its investment potential. Marc Sahling, CEO of Lübke Kelber, emphasized modernizing and improving the energy efficiency of the properties to enhance value. The current vacancy rate of nearly 50% offers further development opportunities.