Real Estate

From Office Tower to Residential Complex: What Do Repurposing Concepts in Metropolises Require?

Expert Interview with Matias Otto, Partner and Head of Real Estate at enomyc

In a city like Hamburg, where 600,000 square meters of office space sit vacant, only 29 listings are available for every 1,000 apartment searches, as reported by NDR in April 2024. The question arises: why not simply convert vacant spaces into housing? “Repurposing” is the frequently mentioned keyword, with “building within existing structures” as the guiding principle. Lower emissions and reduced embodied energy are also key goals. But converting office and commercial spaces into residential units—can it really be done? What characteristics must buildings have to make this feasible, and what regulations must be met? Where do the housing and office markets currently stand, which trends are here to stay, and what keeps the industry up at night? These are the topics discussed by Matias Otto, architect, project developer, partner, and Head of Real Estate at enomyc.

Transformation & Restructuring

StaRUG: What entrepreneurs should know now

The German Corporate Stabilization and Restructuring Act, or StaRUG for short, has been in force since the beginning of the year. It enables companies that are not yet insolvent or heavily indebted, but threatened with insolvency, to carry out pre-insolvency restructuring as part of an independently managed process. For many companies, this could well be an increased chance of sustainable and value-retaining restructuring.

Strategy & Corporate Performance

Outdated: The Star Salesman as a Guarantor of Success

What do top performers in marketing and sales do differently than other companies? How do they succeed in generating more sales and margins even under pandemic conditions? The first part of our series of topics focused on the paradigm shift in the procurement behavior of purchasing organizations. Based on discussions with managers from purchasing and sales departments as well as our project work, four central success patterns could be identified across all industries.

Strategy & Corporate Performance

Out of the Crisis with an Improved Cost Position

When a recession of almost historic proportions hit many industries following the financial crisis over 12 years ago, most companies were utterly unprepared. The same happened again to many companies last year. While the beginning of the COVID-19 crisis was marked by pure economic survival instinct, companies are now faced with the challenge of finding the right strategic position to emerge from the crisis. What is important in that context?

Transformation & Restructuring

What’s keeping you going, Mr. Rabelt?

This year will make it clear just how well banks are able to cope with the consequences of the COVID-19 pandemic. According to some estimates, their most severe stress test since the global banking and financial crisis of 2007 still looms ahead of them. Against this background, we interviewed Holger Rabelt, Managing Director of Commerzbank AG. What does his new position as Divisional Manager for Corporate Reorganization and Restructuring entail? What has been a particularly decisive experience in his career so far? What developments does he expect for the economy and the banking sector and what measures does he recommend for companies and banks in the current situation? Read on to find out more.

Transformation & Restructuring

Final Whistle: How Soccer Clubs Must Now Reposition Themselves

German soccer is limping along. Games yes, but ghost games, meaning no spectators, which results in significantly less money. Even the ratings are falling, and with them the income from TV . "BVB half-year figures: 26 million Euro loss," headlines kicker.de , among others, on February 9. Soccer clubs are facing immense challenges. Turnarounds in an branch that is only used to growth: How does that work? What kind of rethinking needs to take place and what opportunities need to be seized? Read more in the expert interview with Michael Klatt, former CFO and managing director of well-known soccer clubs, and Philipp Piscol, Managing Partner of enomyc.

Transformation & Restructuring

The foundry industry: Under threat of an economic meltdown?

No foundries would bring everything to a stop: no cars on the roads, no spinning wind turbines or airplanes in the sky. Heating, plumbing, beer tapping would be out of the question and no windows or doors could open without handles. Recycling and upcycling ‒ they too are unthinkable without casting. The foundry industry, however, is also suffering significantly from the effects of the global pandemic. What are the biggest hurdles of the present for the industry and how can companies overcome them?

Careers

COVID-19 Pandemic: Good Times or Bad Times for Applicants?

For our first podcast of the new year, we had an extremely inspiring conversation with Thomas Fuchs. He is the founder, head, and soul of QX-Quarterly Crossing, a globally unique excellence network for experienced and future leaders. Since its establishment in 1995, he has designed international recruiting formats and talent development programs for global players in a wide range of industries and has accompanied careers all the way to top management. It brings together thought leaders, role models and top talents, thereby creating the conditions for optimal personal and professional realization.

News

The world at a distance - This was the Corona year 2020

A year of major challenges is drawing to a close. Distance rules, mandatory masking, homeschooling in the home office, domestic isolation - and finally the second lockdown: each of us experienced drastic restrictions this year. Time to review: How did we experience the first lockdown? What impact did the pandemic have on our project work? What have we learned so far from the Corona crisis and what do we wish for 2021?

News

"Teamwork makes the dream work"

Congratulations to Aileen Sommer, Head of Business Development Telematics at LUIS Technology, Dr. Matthias Feistel, Managing Director of LUIS Technology and Franz Wenzel, Managing Consultant at enomyc, for receiving the "Best of Consulting" award from a competition put on by WirtschaftsWoche! Their joint project saves lives: LUIS Technology and enomyc have digitally enhanced the camera software-based turn assistant LUIS TURN DETECT® in such a way that accidents resulting from the ominous blind-spot turns can be avoided not only at the moment of danger itself: The intelligent system can now even function as an early warning system.

Careers

Mentoring: These are the Benefits for Companies and Employees

Challenge, encourage, and feedback - these are the three components of our mentoring program. Dr. Axel Hermeier, Head of HR at enomyc was a mentee himself, and thinks: "Mentoring programs are a necessity". Why especially in the consulting business? How do companies and employees in general benefit from mentoring? What is the concrete situation at enomyc, and what recommendations does Dr. Hermeier have for companies wishing to introduce mentoring programs? Learn more in our interview.

Transformation & Restructuring

How do founders profit from restructuring experts?

‘What do start-up and restructuring have in common?’, you may ask yourself now. And what do start-ups have in common with business consulting? „Quite a bit”, says our Managing Consultant Jendrik Voss, „because the know-how of experienced restructurers can put a business idea on such a solid foundation from the moment it is founded that it pays off and expands in the long term. ” Learn more about the four pillars that can help a business model achieve sustainable success.

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