The LHI Group recorded a successful financial year in 2022.
The LHI Group, based in Pullach near Munich, completed transactions totaling €750 million in the past fiscal year. It invested around €520 million in new projects. Assets under management amounted to €14.3 billion at the end of the year.
In the Structured Finance segment, new business volume amounted to €300 million. The recently established Rolling Stock division continued to grow. Among other things, a sale-and-lease-back transaction was completed for the Warnow II subnetwork in Mecklenburg-Western Pomerania. Fourteen battery-powered trains were financed.
In real estate leasing, financing solutions were implemented for various properties in the Stuttgart area for the Zeitgeist Group. The main objective was to leverage the hidden reserves tied up in the properties in order to support the further expansion of the group of companies. The transaction structure ensures that the company retains long-term access to the properties.
In the investment business, the focus was on ESG-compliant investments in the asset classes of real estate and renewable energies. The volume of new business amounted to EUR 220 million.
In the real estate asset class, one of Austria’s largest office properties in Vienna was purchased last year. The long-term tenant is a leading infrastructure company. In 2022, a total of 13 new properties were added to the asset management portfolio.
In terms of investment products in the renewable energy sector, three new wind and solar parks and six hydroelectric power plants were added to the portfolio last year. In addition, several electric charging stations were purchased for the first time. The managed portfolio of renewable energy plants generated 1.3 billion kWh of electricity and saved around 500,000 tons of CO2 last year.
The LHI Group received various awards last year. It received the Scope Award for Best Asset Manager Transportation and the ESG Reporting Award from Exxecnews. Scope also reaffirmed the LHI Group’s asset management rating with a very good AA rating.
Regardless of the economic conditions, the LHI Group expects the current year to remain stable in both the structured finance and investment business segments.
