The Von der Heyden Group of companies was founded in 1989. According to the company philosophy, an independent SPV-company is established in order to implement a certain project on the real estate market in conjunction with financial institutions combined classic "non-recourse" financing.
The companies, which are a part of the Von der Heyden Group, have since 1989 finished an investment program in the real estate markets with a value of more than approx. 275 million Euros. In 2008 there are investments under development and/or acquisition in the amount of approximately 125 million Euros.
After the completion of the impending acquisitions, the effective total volume will have increased to 400 million Euros by the end of 2008.
Overview of the various operating and individual companies (SPV):
Germany:
Bogenhausener Tor Immobilien GmbH
KASA Investments GmbH
IBB Hotels Deutschland GmbH
IBB Hotels Erfurt GmbH & Co. KG
Poland:
Andersia Property Sp. z o.o.
Andersia Retail Sp. z o.o.
Andersia Tower Hotel Management Sp. z o.o.
IBB Polska Sp. z o.o.
Lublin Grand Hotel Management Sp. z o.o.
Von der Heyden & Partners Sp. z o.o.
Von der Heyden Development Sp. z o.o.Spain:
TIMAN Investments Espana S.L.
Plaza Explanada S.L.
Companies belonging to the Von der Heyden Group therefore have a registered capital of approximately 47 million Euros.
The company group is currently employing approx. 700 employees.
Spain: non real-estate:
Millenium Menorca Travel (share capital EURO 60.000) - one of the top 3 travel agencies in Menorca, with representative offices in Mahon and Citutadella. The agency is for industry standards highly profitable and expands continuously with already more than 10 employees. The first agency in Menorca which received the "Q" reward for outstanding tourist service quality. The agency has now beaten in its four years of existence each year new records in terms of revenues and clients served. Associated with the Spanish Marsans Travel Chain, Millennium Menorca Travel is one of the top 5 agencies in Spain out of more than 390 agencies in the country.
TIMAN Yachting Menorca - a sub-division of TIMAN Investments Espana S.L. with exclusive dealership rights for the island of Menorca for the successful and exclusive Ferretti Group to which belong amongst others the Feretti, Pershing and Riva boat brands.
The Von der Heyden Group during nearly 20 years of experience has become familiar with the specific characteristics of the European and US real estate market and enjoys the trust of national and international banks and other financial institutions. The group has a lot of experience and an excellent track record.
The Von der Heyden Group specializes in sustained investments in office buildings, hotels and residential building projects for which have received numerous awards. In addition to the classic investment in the inventory as well as the development of hotel, office and residential projects, the Von der Heyden Group also concentrates on the renovation and reconstruction of historical buildings, such as old city houses and in first-class apartment complexes.
Von der Heyden Development Sp. z o.o. is a member of Von der Heyden Group and acts as the service consultancy arm of the VDHG for Europe. Von der Heyden Development Sp. z o.o. also grants real estate development services including consultancy and project management to selected outside clients.
The Von der Heyden Group has representative offices or investments in Amsterdam, Berlin, Erfurt, Leipzig, London, Mahón, Palma de Mallorca, Gdansk, Lublin, Poznan and Warsaw and also has conducted or still conducts business in Atlanta, Dresden and New York.
Additional information:
Sven von der Heyden was a co-founder and the main shareholder as well as Chairman of the Board of the Iberia Motor Company S.A. (IMC S.A.) for many years. This company continues to be the main importer of vehicles and replacement parts of the SEAT brand (Volkswagen Corporation) for the Republic of Poland. IMC S.A. was the second largest private automobile importer in Poland and obtained the 218th place in the prestigious ranking of the largest companies in Poland in 1998.
New Developments:
Germany:
KASA Investments GmbH invests in high-yield real estate, primarily in Erfurt, Leipzig and Dresden. The company follows an ambitious investment program and will invest approx. 20 million Euros during the next two years, in 2006/2007 for which alone buildings have been acquired for approx. 15 million Euros..
Bogenhausener Tor, Munich: VDHG purchased three functional well-maintained office buildings and a warehouse building in the top strategic location in Munich.
Poland:
Andersia Front Office, Poznan: the high class office complex (app. 12.000 sqm net usable area) which will be located in the centre of Poznań in front of the Poznan Financial Centre and Andersia Tower Building. Investment costs are estimated at Euro 25-30 million. Start of construction is planned for Autumn 2008.
Andersia Silver, Poznan: the fourth and final development phase of the entire scheme of Andersa Square in Poznań (app. 30.000 sqm net usable area). After Andersia Tower, Andersia Silver will be the highest building in Poznań. Investment costs are estimated at Euro 90 million. Start of construction is planned for beginning of 2010.
Długi Targ, Gdańsk: refurbishment and conversion of a historical building into a 4 Star Deluxe Hotel with a total area of approximately 2.500 m2. The building is located in the heart of Gdansk Old Town, at the corner of Długi Targ Street and Mieszczanska Street, almost opposite to the famous Neptun's Statue and the Dwor Artusa historical building. The property consists of three semidetached historical city houses with three different historically renovated and well preserved frontal elevations. Hotel rooms will be located on four floors with many of them facing the vibrant life and streams of tourists on the Długi Targ Street.
Nowy Swiat Atrium, Warsaw: High quality four-storey office building with a 2-storey underground car park (app. 5.200 sqm usable area) with retail function located in the very heart of Warsaw close to the Trzech Krzyży Square. Investment costs are estimated at Euro 70 million. Start of construction is scheduled for I quarter of 2009.
Residential Refurbishment at Wilcza 22 Street, Warsaw: a renovation project in the very centre of Warsaw. The building has been acquired by the Von der Heyden Group already back in the year 2000. With approx. 2.600 m2 of residential space, this period building will be turned into a masterpiece, as an example of the quality of the renovation works undertaken by the Von der Heyden Group together with a small group of co-owners.
Spain:
IBB Hotels Group, Spain: The Von der Heyden Group is one of the two main shareholders of the IBB Hotels Group, which has holdings in a series of established three and four star hotel chains with hotels in Spain (Menorca, Mallorca, Vigo, Viella, Formigal, Valencia), in Poland (Lubin and Poznan) as well as lately also in Germany (Erfurt). The company, which has currently approx. 3,000 beds, wants to expand its business in more demanding markets over the next few years. IBB Hotels actively follows the plan to expand its activities on the German hotel market and to also effectively expand it on the Spanish mainland.
IBB Hotels has great interest in establishing a foothold in the hotel market in Munich and would be interested to manage a 4 star hotel at this location, equipped with the guarantees customary for the market.
Von der Heyden Group as well as Mr. Sven von der Heyden and his affiliated companies co-operate with such banks as: Dresdner Bank AG, Bank Zachodni WBK S.A., Commerzbank AG, DKB Bank AG, IKB Bank AG, Berliner Hypothekenbank AG, DZ Bank Polska S.A., Kredyt Bank S.A., Bank Pekao S.A., Eurohypo AG, Banco Sabadell Atlantico Spain, La Caixa de Catalunya.
The Von der Heyden Group actively promotes cultural events, as for example:
- renovation of Frederic Chopin Monument in Łazienki Park in Warsaw under the patronage of the President of the Republic of Poland,
- Garrick Ohlsson concert in Poznan,
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concert of The Academic Choir of Adam Mickiewicz University in Poznan conducted by Mr. Jacek Sykulki
- CD of Małgorzata Sajna – the Polish representative at the International Frederic Chopin Piano Competition, in Warsaw,
- ''Polish Days'' in Germany,
- Malta Festival in Poznan,
- building of Cyryl Ratajski Monument,
- concert in Berlin on the 60th Anniversary of the Warsaw Ghetto Uprising,
- a Polish-German poem book for children by Karolina Kusek: "Moje Krajobrazy. Meine Landschaften",
- In December 2005 the Group sponsored, together with another international real estate firm, a charity concert of the Boys' and Men's Choir of the Poznań Philharmonic. The funds raised went to an orphanage in Eastern Poland.
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the main sponsor of series of concerts preceding "Before the Carnegie Hall Debut" debut of Łukasz Kuropaczewski. Łukasz Kuropaczewski is a young and talented artist, who as the first Polish guitarist will perform in the prestigious Carnegie Hall in New York,
- building of Brama Czasu Monument.
