Dieter Becken founded his company after completing an apprenticeship as a bricklayer and studying architecture and engineering in Hamburg and Hanover. He quickly specialized the company in the investment, development, realization and management of commercial and residential properties in Hamburg. In 2006, he sold his real estate portfolio to an American financial investor and formed the current holding structure.
WHEREVER WE LOOK
,
CHANGE IS ALREADY TAKING PLACE
.
An interview
with
Dieter Becken,
Managing Director
Partner,
and
Prof. Dr. Michael Becken,
Managing Director
Prof. Dr. Michael Becken's academic training combines the areas of law and economics relevant to the real estate sector.
In 2008, he joined the Becken Group as an in-house lawyer and moved to the management of the Group in 2015.
Since the beginning of 2018, Prof. Dr. Michael Becken has been primarily responsible for establishing the new Investment and Fund Management division.
holding company
the entire know-how and the strategies and
and visions for
developed for the future."
Dieter Becken
Mr. Becken, Prof. Dr. Michael Becken, before we talk about the future, let's take a look at Becken's history, which extends far into the present.
DB | That is absolutely right. After all, the past
is also the basis for the present and the prerequisite for the
future. More than 43 years of real estate history have shaped me as an
entrepreneur and also my company. The values of our company have been consolidated and developed over the decades and are now enough of an obligation for us to think about the next generations. With the Board of Directors, I have set another fundamental milestone in my company's history. So you are absolutely right when you say that the past extends into the present and into the future.
MB | Before we turn to the Board of Directors, which will ensure the continued existence of
Becken far beyond Dieter Becken's time at
, we would like to take a brief look at our company's
present and recent past. In
recent years, we have experienced considerable growth.
In addition to Berlin, we have opened branches in Frankfurt am Main and Munich. The number of our employees has now doubled and our project pipeline for the next three to five years has been expanded to a good 1.9 billion euros. Our projects include office and residential real estate projects in the cities of Berlin, Düsseldorf, Frankfurt, Hamburg, Munich and Stuttgart and their surrounding growth regions.
That sounds like considerable growth. How do you meet this challenge structurally?
DB | With the holding structure established in 2006, we have created the decisive prerequisite for any growth.
Under the strong umbrella of the holding company, the individual divisions operate largely independently as expert teams and are networked with each other at the same time.
MB | With this holding company, we work like a group and yet are and remain a powerful family business with all its responsibilities. An important structural realignment in 2019 was the aforementioned Board of Directors, which is attached to the holding company. A supervisory and control body of selected family members and external experts for the areas of real estate and financing.
Could one say that you develop the strategies and visions of your company in the holding company?
DB | The entire know-how is concentrated under the umbrella of the holding company. This is where the strategies and visions for the future are actually developed
MB | We are prepared to tackle challenging goals under our leadership, the leadership of the next generation. Our aim is not just to build more, but to build more intelligently, more sustainably and more resource-efficiently. Teamwork plays an important role in this. Nobody builds a house alone. In every real estate development, it is important to us that everyone involved in the project identifies with their task and the company, and thus grows together to form a large team.
DB | The pressing issues of our time are the creation of living space in urban centers and climate protection. We can only tackle these issues together. And thus create space to work, to live, to breathe - buildings that are living and working spaces for people.
DB | Evaluating analyses, making decisions, creating sustainable real estate values: Real estate expertise is in our DNA.
DB | At Becken, we believe in the world of tomorrow! In order to help shape tomorrow, we always look beyond our own horizons. We are driven by inspiration and new perspectives and are always aware of our responsibility.
"We need to find an answer to the ever-increasing demand for sustainable living and working spaces."
You talk about climate protection and responsibility.
What exactly do you mean by that?
MB | By 2050, 70% of the world's population will live in cities. This presents us at Becken and the entire construction industry with major challenges. We are convinced that nature, progress and technology do not have to be mutually exclusive, but can mutually reinforce each other.
DB | But technology alone will not change the future. Making our cities smarter does not mean losing sight of humanity.
DB | A green city with plenty of space for people to interact. We need to try to preserve as many green spaces as possible and create new ones - and we need to think a lot more about this.
MB | It also helps us to think outside the box. We can learn a lot from cities like Copenhagen or London - where, for example, Europe's first completely CO2-neutral village was built.
DB | Our capital strength puts us in the fortunate position of being able to implement real estate projects under our own steam from the outset. This gives us both strength and flexibility and makes our company attractive to potential partners. We are also increasingly using our more than 40 years of expertise and in-depth market knowledge to structure various real estate funds for institutional investors. This enables us to secure sustainable investments in properties with value appreciation potential and developments, as well as to build up a sustainable real estate portfolio with the aim of generating solid, long-term income.
"Wherever we look
,
change is already taking place
"
MB | Absolut. Since the beginning of 2018, I have been working with a team of experts to build up the Investment and Fund Management division. With the Solid Office Fund I, we also launched our first ESG fund (so-called Art. 8 fund) in Q1 2021.
DB | We were and remain an agile company - because no one should
rest on their laurels.
Esplanade 41
20354 Hamburg
T: +49 40 237 840 10
F: +49 40 237 840 9999
E: info@becken.de