Portfolio

Over the years NGM has invested in a diverse portfolio of residential, commercial and retail assets, deploying its equity in three different currencies in a strategy that assists in hedging currency risk further enhancing its superior return on equity.

Choose Country

Germany

Great Britain

Poland

Great Britain | Liverpool

George Henry Lee Building, Church Street

Poland | Kraków

Steam Park

Poland | Kraków

Vermelo

Poland | Kraków

Novum

Germany | Berlin

Penny Market

Germany | Gross Zimmern

Retail Park

Germany | Frankfurt Am Main

Westend Palais

Great Britain | Reading

Significant Grade II Listed Property, Broad Street

Liverpool, England

Great Britain

In April 2022, NGM 2 UK LTD - a subsidiary of NGM Investments - successfully completed on a substantial transaction involving the purchase of multiple vacant stories, floors 2-7, in the former George Henry Lee building on Church Street in Liverpool, England.

In March 2025, NGM 3 UK LTD - another subsidiary of NGM Investments - completed the purchase of the remaining 4 floors. This transaction also included the Freehold Title giving NGM Investments full control over the building.

The George Henry Lee building's basement, ground, and first floors comprise approximately 56,000 sq ft GIA and are currently let to TK Maxx (TJX UK) on a long-term lease providing secure cash flow and a strong covenant. The upper floors comprise approximately 69,000 sq ft GIA, bringing the property's total GIA to approximately 125,000 sq ft.

In December 2017, the upper floors received full planning permission for conversion into a 105-room aparthotel with C1 use.

NGM will work hand in hand with Liverpool city council and strive to obtain a new and enhanced planning permission which will maximise our investment thereby leading to significant value add both for NGM and the local area.

Steam Park, Kraków

Poland

In the summer of 2019 NGM Investments entered into an agreement for the rights of a selection of apartments in a secluded residential development centrally located between the main station, University of Economics and several major business hubs including Skanska’s High Five, V Business Park and the newly completed Unity Centre. A similar approach was taken to Novum wherein a portion of the portfolio was flipped and resold after several months with the remaining apartments retained as serviced accommodation operated by a local trusted partner. Again the apartments were optimised by our in-house architect and tailored to short-term corporate and leisure guests.

Vermelo, Kraków

Poland

NGM Investments second acquisition in Kraków came in 2019 with a modern family residential building built by the Portugese international developer Mota-Engil. NGM acquired a portfolio of apartments which were designed by our in-house architect and finished by a local quality partner with a view to corporate lettings for the increasingly popular Kraków executive market. 24/7 security, parking, balconies and panoramic views across the city have made Vermelo a popular destination.

Novum, Kraków

Poland

In 2017 NGM Investments entered into a multi-unit transaction at the prestigious Novum development in the centre of Krakow. NGM’s first entrance into the Polish market was with Hines, the Houston based multinational real estate developer. Novum’s location, modern style and local popularity amongst residents allowed NGM to make an instant and successful partial exit later the same year whilst retaining a portion of the portfolio as serviced apartments for the increasingly popular tourism destination that Krakow has become.

Penny Market, Berlin

Germany

The property was bought for a 8.7% yield which reflected a discounted price which was less than the property's replacement costs and a relatively long WALT of more than 8 years. The property was sold in 2017 for a price that reflected an IRR of 30%.

Retail Park, Gross Zimmern

Germany

The investment structure was a share deal. This transaction structure enabled a saving of 3.5% RETT on the purchase price. The debt for this deal was received from a German bank with a LTV of 70%. The annual interest rate was 3.69% with an average amortisation rate of 2.5%. The purchase price reflected a NOI yield of 8%. During the first 12 months following the purchase of the asset it provided a cash on cash ratio of 9.3% and a ROE (COC+ Amortization payment of 100K) of 15.5%.

Westend Palais, Frankfurt Am Main

Germany

NGM’s first project in Germany was a heritage building in which NGM Investments co-invested together with a specialist partner that has extensive experience in developing historical projects located in prime locations such as Frankfurt am Main. The project involved converting the usage of the building from offices to premium residential apartments which were then resold individually thereby maximising their value.

Reading, England

Great Britain

Substantial town centre site with significant future development potential. The property comprises a single let, well configured retail unit arranged over ground and three upper floors providing a total of 25,988 sq ft. WH Smith Retail Holdings Ltd has a long-term lease of the whole property including a sublease to the UK Post Office. The building will benefit from the new Elizabeth Line (Crossrail) connecting Reading to Central London in 2022.