credX infomemo now with macro and micro analyses for real estate location from FPRE

27. September 2022

For a commercial financing request, all relevant economic facts must be clearly compiled. Therefore, a central element in the tender process via our credX platform is the financing memorandum.

download PDF.

In this 6 – 10 page memo we present the relevant facts of a financing comprehensively and neutrally. By comparing the memo data with the financing profiles of the capital providers stored in the credX database, we identify suitable capital providers and propose them for the financing request. After approval by the capital seeker, we send the financing memo to suitable capital providers. Since the data contained in the memo is validated and quality-assured, the financing partners approached can assess the project with little effort and quickly provide a robust indication of whether they can finance the project, and if so, on what terms. The quality check of the data also greatly reduces the risk of negative surprises in the further financing process. The memo is available on the credX platform and in the data room as HTML and PDF. It can also be obtained as a data set for seamless further processing.

It is coordinated with the capital recipient, who also gives the final approval.

When preparing the memo, we not only obtain a wide range of property and financing data from the borrower, but also validate and supplement it using, among other things, land register excerpts, tenant lists, and valuation reports. This also includes data on the macro and micro location of the property. Since September, we have been using Site analyses from the IMBAS web application by Fahrländer Partner (FPRE). IMBAS is a real estate valuation and analysis system operated by FPRE, through which licensed users can generate and download location analyses, among other things.

These IMBAS site analyses offer us great advantages, because they

are available at the push of a button and can be easily integrated into our Infomemo,
are based on a standardized, proven methodology (the data are up-to-date, the methodology is constantly being developed, new data sources are being tapped, rights and availability of the data are clarified),
and allow a uniform approach, which allows a nationwide comparison (ranking) of the location. We are happy to provide this ranking upon request.

By default, we currently include the IMBAS analyses as maps and in tabular form in our Infomemo. The following example is the location analysis for a retail property:

Macro location

Micro location

Analyses by FPRE are therefore already used by a large number of real estate investors, banks and other capital providers.

Fahrländer Partner Spacial Development

As an independent consulting and research company, FPRE has been involved in the digital analysis and valuation of residential and commercial real estate since 2006. The company is one of the leading data and model providers for the real estate industry in Germany and Switzerland.

We also provide excerpts from the IMBAS reports in the appendix of our info memo. On request, we can also provide – currently free of charge! – Upon request, we can also provide the entire analysis, including ratings, to both investors and lenders.

In addition to the standardized IMBAS data, we include our own analyses and those of the capital borrowers in the financing memo, provided they are well derived and offer added value. We are currently examining the integration of other important data such as ESG and KYC analyses as well as real estate valuations. Here, too, we rely on cooperation with partners such as FPRE, who are market and, above all, quality leaders in their field.

We look forward to receiving your feedback, including specific comments on the location analyses and other important data.

Contact

Daniela Cremer

Head of Transaction Analysis and Support

cremer@credx.de
+49 162 424 9020

Michael Müller

Chief Operating Officer

mueller@credx.de
+49 162 412 3043