Five Quarters Real Estate waives participation in this year’s MIPIM
Hamburg, 25. February 2020 – Five Quarters Real Estate AG was very much looking forward to this year’s MIPIM. Talking about exciting projects under the Cannes sun in a relaxed atmosphere, keeping partners and customers up to date on various initiatives would have been great fun, especially since it would have been the first MIPIM since the company was founded less than a year ago.
“We have made great progress since our launch and the receipt of the BaFin licence. The MIPIM is always a great opportunity to talk about it and to stay in touch,” explains Peret Bergmann, who founded Five Quarters Real Estate with Georg zu Stolberg and Erik Beets.
“On the other hand, we are closely monitoring the situation around the spreading coronavirus,” said Georg zu Stolberg. Fairs such as the MWC in Barcelona, for example, were forced to cancel their event in mid-February already after various exhibitors withdrew their participation. “However, we also acknowledge the organiser’s intensive efforts to make the MIPIM a safe event again this year. From our point of view, the situation has nevertheless rather worsened in the meantime”, he adds.
Five Quarters Real Estate has therefore made the sad decision not to participate in the MIPIM this year. “We are sure we will find other opportunities to talk about our ideas in the hotel, food retail, residential, office, healthcare and value add sectors with a pipeline of more than one billion euros,” explains Erik Beets.
Five Quarters Real Estate wishes all participants a very successful fair with good discussions and great business. “Above all, we wish all participants good health”, concludes Peret Bergmann.
About Five Quarters Real Estate | 5QRE
Five Quarters Real Estate | 5QRE is a real estate company for institutional investors that is headquartered in Hamburg. Founded in 2019 by long-standing experts from the industry together with a renowned strategic investor, Five Quarters Real Estate offers Europe-wide access to transactions in the areas of housing, work, local supply and hotel. 5QRE has a leading market position through the comprehensive use of digital analysis, forecasting and reporting tools. The Federal Financial Supervisory Authority (BaFin) has granted Five Quarters Real Estate AG permission to operate as an AIF capital management company. Thus, Five Quarters offers its clients the highest regulatory level of security.