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Offer a property

Capital partners

Investing in local supply for the long term.

Local supply meets a lasting need. We invest in the properties it requires and develop them within our portfolio. Our aim is rental income that remains viable over the long term and value that develops sustainably.

Discuss a capital partnership Start a financing dialogue
Meeting room at the Kronengasse 5 office, Ulm

Roles in a partnership

The role ST 77 takes on depends on the project. We agree it clearly with each partner in advance.

Who we work with

Entrepreneurial families, family offices and institutional investors who think long term, understand real estate risks and value discretion.

  • For our own property companies

    ST 77 invests its own capital and holds the property for the long term.

  • On behalf of capital partners

    We source, review and acquire properties for our partners and, if desired, then manage them with our own team.

  • Investing together

    Joint investments are also possible. Structure, rights and reporting are agreed with each partner after legal and tax review.

Property management is agreed separately in each case.

Investment volume

Usually from €10m total investment volume per capital partner, including debt financing – not a minimum equity requirement and not a financing commitment by ST 77.

Investment horizon

Typical partner horizon 7–15 years, agreed individually; ST 77 regularly holds its own portfolio considerably longer.

How a partnership comes about

  1. Conversation We get to know your objectives and explain our approach. Volume, structure and investment horizon are agreed individually.
  2. Criteria and properties Together we define which properties fit and review specific opportunities.
  3. Individual structure The form of the partnership is agreed after legal and tax review.

Governance: how we decide

Clear rules for acquisitions, monitoring and payments.

  • Investment committee. Every acquisition is decided by our investment committee. Only properties that have gone through our scoring model and achieved a positive result are put forward for decision – from the perspective of the tenant and local shoppers as well as from the investor’s perspective. We only acquire when all perspectives lead to a positive result. It comprises ST 77 Holding specialists from legal, asset and property management, investment and senior management, who assess each property from their perspective.
  • Scoring model. Every property goes through our scoring model, which reflects our investment focus – location, tenant, lease, condition and development potential.
  • Four-eyes principle. Payment approvals under the four-eyes principle, with defined escalation to the management.
  • Structure. Our properties are currently held through property companies (SPVs) based in Ulm.

Seven-step acquisition process

  1. Pre-check against acquisition criteria We compare the property with our acquisition profile.
  2. Scoring model The property goes through our scoring model.
  3. Viewing and location analysis We visit the property and its location.
  4. Due diligence (leases, technical, legal) Our team reviews leases, technical condition and legal aspects.
  5. Financing review We review the financing of the acquisition.
  6. Investment committee decisionDecision Only with a positive result from the tenant, consumer and investor perspectives.
  7. Purchase agreement and handover Purchase agreement, notary appointment and handover to the property company.

Early warning system (traffic-light system)

A traffic-light system monitors every property continuously – deviations in rents, costs, lease terms and financing become visible early.

  • Green: on track
  • Amber: monitor
  • Red: act

Discussing opportunities and limits openly

How capital flows back depends on the structure, the financing and the property. We set out opportunities, risks, costs and decision rules in our discussions. We do not promise repayment or a return.

Confidential access to information

On this website we show our approach, company key figures and anonymised examples. We discuss detailed financial documents and our detailed track record in person, after a non-disclosure agreement. There is no automatic download.

Request detailed documents

We discuss detailed figures and case studies with capital partners and banks in person, after a non-disclosure agreement. Tell us briefly who you are and what you are planning.

Request a meeting and documents Alternatively by e-mail: wh@st77.de

No automatic dispatch.

Your contact

Discuss a capital partnership

For an initial meeting, A. Korzun is your first point of contact for English-language enquiries. Wilhelm Hibert, owner and managing director, is available for a personal meeting.

Required fields are marked with *.

Banks

Banks and lenders

Clear investment criteria and accountable decisions are the foundation of our long-term holding strategy.

We invest with a clear focus and hold for the long term. Every decision is based on a review of location, property, tenant and economic viability. Our team looks after the portfolio throughout the investment period. We finance through property companies and work with regional banks and savings banks.

What we disclose

  • Seven-step acquisition process with scoring model
  • Investment decisions taken by our investment committee
  • Payment approvals under the four-eyes principle
  • Accounting for each company and annual accounts
  • Traffic-light system for every property
  • Documents provided in a targeted, structured way, with one named contact

Your contact

Start a financing dialogue

M. Schatz, Head of Finance & Accounting, is your contact for financing enquiries and documents.

Required fields are marked with *.

Frequently asked questions

What volume is required for a partnership?

Usually from €10m total investment volume per capital partner, including debt financing. This is not a minimum equity requirement and not a financing commitment by ST 77.

How long do investments run?

Typically 7 to 15 years, agreed individually. ST 77 regularly holds its own portfolio considerably longer.

How does capital flow back?

That depends on the structure, the financing and the property. We do not promise repayment or a return.

Can I see detailed track record figures?

We discuss detailed figures in person, after a non-disclosure agreement.

Is this page an investment offer?

No. The content is for general information only and is neither an offer nor a solicitation to acquire financial instruments or interests.

The content of this page is for general information only. It constitutes neither an offer nor a solicitation to acquire financial instruments or interests. Any form of cooperation is agreed individually and only after legal and tax review.