Building bridges between international investors and real estate opportunities
TEXT: JESSICA HOLZHAUSEN | PHOTOS © KLUG FINANCIAL CONSULTING GMBH
With more than 50 years of experience in international real estate financing, Walter Klug is a household name in Germany and abroad. As an expert with connections all over the world, he brings together investors and real estate developers for interesting new real estate projects – mainly in Germany.
After having worked for two major German and American banks for 40 years, in 2011, Walter Klug was actually ready to retire. But many former clients and partners got in touch, asking for advice on investments in real estate and housing markets. Klug decided to establish his own consultancy and today sees himself as the connecting link between investors and companies with real estate opportunities. Klug mainly focuses on the German property market, but works with clients from all over the world. “Investors need someone who knows the market and is actually on site,” says Klug, who puts a large focus on residential portfolio investments and medium-sized commercial properties as well as structuring funds.
KLUG FINANCIAL CONSULTING GmbH also advises developers looking for financing solutions, for example, equity or mezzanine capital. Klug knows which fund or investor might be interested in which project and connects both sides.
In the late 1990s, Walter Klug became known as ‘Mr Transparency’ in Germany, because he pushed for greater transparency in the property market, so that investors could get more information right from the start. “I think that the strict rules of the capital market should also apply to the real estate market.” This is still a core value of his work today.