George Salden has launched a full-service investment house called Capital BAY GmbH within the German real estate sector. The firm launches with €150 million of investment capital and plans to purchase German residential and commercial real estate. As a previous member of the Management Board of Arbireo Capital AG, Mr. Salden closed real estate transactions worth €5 billion.
With a comprehensive understanding of the current market situation in Germany, Mr. Salden states; „investors are now focusing on value-add and opportunistic transactions, as well as on the acquisition of real estate developments opportunities.
Institutionalizing these niches will be a profitable for new Capital Providers. Therefore, I founded Capital Bay to manage the entire value chain of real estate investments.”