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September 2016
DERECO acquires KUBUS business property in Aalen from FAY Projects and Merz Objektbau

The Cologne-based DERECO multi-family office for real estate assets has acquired a newly developed
property in a top spot in Aalen, Germany. The forward-deal purchase was performed as part of a
portfolio mandate DERECO had received from a German entrepreneur family. Upon transfer, the
building will be managed by DERECO’s asset management.

The property was sold by a special-purpose company set up through a joint venture of FAY Projects
GmbH, Mannheim, and Merz Objektbau GmbH & Co. KG, Aalen. KUBUS will be completed by
mid-2017. Ideally located in Aalen’s Marktplatz square, the construction, which is chiefly designed
for retail purposes, will offer space for catering services and offices, too. Sufficient parking space
will be available as a connection to the town hall’s underground parking and other outside spaces
is underway.

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