German American Business Chamber
News Chronicle
March/April 2008
In Spotlight: Taurus Strengthens Global Position
Founded in 1976 as a leading real estate advisor to wealthy European families and several prominent German and Swiss institutions, Taurus Investment Holdings, LLC has become one of the premier owner-operators of both directly managed and joint venture commercial real estate throughout the eastern United States, and more recently Canada. Taurus services the real estate needs of private clients and institutions worldwide. Since its inception, Taurus has purchased and sold over 10 million square feet of office, industrial, retail, residential and hotel assets. Taurus is widely recognized as a strategic real estate owner-operator specializing in value creation through a mix of development, redevelopment, lease-up and intensive professional management of each individual investment.
Taurus has generated an impeccable track record of significant above-market returns for investors, it has purchased/sold over 1.85 million m2 of office, industrial, retail, residential and hotel assets. This expansion continues:
In the US, Taurus just repositioned the Standish Arms in Brooklyn from residences to luxury rentals with stunning views of New York Harbor and Manhattan. In Canada, Taurus acquired the popular 14,875 m2 Cookstown Outlet Mall, near Toronto, with 39.6 added hectares of commercially-developable land.
In Europe, Taurus is further expanding its successful investment platform withinGermany and is evaluating the burgeoning Eastern European market.
Taurus is also active in the emerging Turkish market and, among other deals, is developing a 26,000 m2 grocery-anchored shopping center in Ankara.
In South America, Taurus was selected by Universidad Austral, Buenos Aires, as the exclusive developer/operator of a 27.11-hectare tech park that will host 70 top R&D firms. Taurus will soon expand its investment platform into Uruguay, Brazil and Chile.
Congratulations and good luck further to our GABC member Taurus!
|