AIMI does not judge
It describes what stands in the documents and in the official data, with the place in the document. What a right is worth and what you bid is your decision.
Project development and acquisition
The exposé arrives by email, usually without warning. Eight pages, an aerial photo, a rent roll without detail, and by the internal round in the afternoon it has to be clear: pursue it or file it.
Only when you want it, your exposé and the project analysis side by side.
The part that takes the longest
AIMI pulls the rights out of Abteilung II (section II of the Grundbuch, where encumbrances and third-party rights are registered) and attaches each Dienstbarkeit (easement) to the Flurstück (cadastral parcel) it lies on. Next to it stands who is entitled, gathered across all folios. Underneath stands which Bewilligungsurkunde (the notarised deed of consent behind the entry) is named for it and whether it is in the data room.
A right of way in favour of a third party's parcel is one thing when the beneficiary sits where your hall is meant to go, and quite another when it clips a corner at the far end. That is why the benefiting parcel stands on the map, and underneath it the Baulasten (public-law building obligations kept in a separate register) in a table. You see who besides you holds rights on the site and which deed you have to ask for. What the right is worth and how it gets deleted stays with your advisors.
”Just being able to see the whole land register side of it, plainly, for once.”
Abteilung II, rights and their deeds
Where AIMI stops
It describes what stands in the documents and in the official data, with the place in the document. What a right is worth and what you bid is your decision.
That belongs to your team. AIMI supplies the inputs for it: areas, terms, conditions, rights, each one with its source.
With one exposé and a site plan you see the official data and what the exposé says, no more. In exclusivity, when the large and untidy data room arrives, the difference is at its greatest.
If your lenders require a technical review, the specialist who is liable for it still signs it. AIMI works ahead of him so that he finishes sooner.
No annual contract and no user licences: whether ten people have access or two costs nothing extra. You pay for what is processed, from a balance you set in advance.
A project that runs alongside for years costs what it reads, not what it stores. We give you the order of magnitude for your case after a short look inside, in the first conversation and not after three meetings.
Two cases from the land register
A developer had bought and could not start: Geh- und Fahrrechte (rights of way on foot and by vehicle) in the Grundbuch that nobody had checked, not even the lawyers on the seller's side. The notarial appointment was in December, the deletion was not commissioned until eight months later, and in the course of deleting, four further beneficiaries surfaced who did not know about their own rights. For all that time the Vollzugsbedingung (the condition to be met before closing) kept running, expensive law firms stayed tied up, and nobody could develop anything.
Another one found, only once he was in exclusivity, a third party's parcel in the middle of his own site, not appearing in the seller's land register at all, sitting underneath the master planning he had paid for. Without that piece the planning was worthless, and it had to be bought on top.
“If we had had that transparency earlier, we would have asked the questions before we ever went into planning.”
In four steps
Your process stays your process. It begins with what can block the development.
Email attachment, ZIP, SharePoint. The untidy data room too.
Land register, planning law, contaminated land, unexploded ordnance, heritage protection.
What is on file, what is too old, what is missing. As an Excel to the seller.
In your firm's format, comparable from property to property.
What leaves your desk
What you want to see in a property is different from what they want next door. That is why AIMI follows your process. What goes away is the searching.
§ 34 BauGB (the federal rule for building in the unplanned built-up area) or a Bebauungsplan (binding development plan), GRZ and GFZ (site occupancy index and floor area ratio), the condition attached to an old permit, plus the heights of the neighbouring buildings, as far as your federal state releases the official data for it.
Cadastral maps, official 3D models for building heights, Bodenrichtwerte (standard land values) with their reference date, Bebauungspläne as a layer on the map, plus historical Landesbauordnungen (state building codes) by date and federal state, because a building is governed by the code of its year of construction.
The quality varies between the federal states, and in one state the cadastral parcel map is not freely available. So we do not tell you the data situation in general terms, we tell you at your site: name one in the call, and you see which official sources exist for it and which ones we have to fetch by detours.
Altlasten (contaminated land) and hazardous substances, Kampfmittel (unexploded ordnance), Denkmalschutz (heritage protection) and flood risk stand at the same property instead of in five separate reports.
If a report from 2009 says something different from the contract of 2021, both stand next to each other in chronological order, with date and source.
AIMI does not decide that. You see both versions and choose which one applies.
A tile of your own in the project analysis answers your question and then runs automatically at every new property.
A developer wanted to know whether a site lies in an earthquake risk zone, because with a large hall that goes straight into the foundations. Load the map, define the tile, done.
The same works for questions from the written part of a Bebauungsplan: is round-the-clock use permitted, is logistics use permitted. What stands in the data room, AIMI evaluates. What is not there, it reports as a gap.
Your assessment comes out in your firm's format, because AIMI learns from your template and a few completed examples how you write.
It works best if you upload the empty template together with one or two completed versions. Then AIMI knows how you abbreviate, what each column means and where nothing may stand when nothing is on file.
It is like a new colleague you train once. Only she takes over the legwork and not the judgement. Whoever would otherwise still be transferring rent rolls into a spreadsheet at night sits in the round and says what he makes of the property. And because the exposé arrives in your Outlook and not in a new piece of software: AIMI answers there too, through the add-in in Outlook, Word and Excel.
From a real project
A project developer thought his property was clean. In the project analysis there stood a noise protection level, set in small type at an incidental place in the Bebauungsplan (the binding development plan). Nobody had seen it.
AIMI found it in the project analysis. This is a case from our own work and not a customer quote, which is why it stands here without quotation marks.
You do not have to take our word for it. Take a property you know inside out and let AIMI run over it. We name no customer names while we do, yours included.
Before the first exposé goes up
What is evidenced stands here. Where we do not have the evidence, that stands here just the same.
Exclusively in European data centres, separated from every other company. They are operated by Microsoft, AWS and Google; which contract carries which commitment, we put to your IT in writing. No model is trained on your data, neither ours nor a provider's.
You are billed for what runs through: per run and by scope, not per seat. In the proof of concept you pay half the price, 70 percent in the first tailored project, the normal price after that. The number for your case we name after a short look at your documents, not after three meetings.
Connecting takes minutes, the reading happens in the background, the setup is done in a day. It is not an IT project.
Then it says so. For every document AIMI shows how much of it was usable. What arrives illegible is reported as illegible and not as reviewed.
Teaching a machine what an underlined entry means, what is done with and what still applies, only works if you have understood a Grundbuch yourself. AIMI grew over years together with specialist engineers and lawyers who read every result against the original, and they have little patience with mistakes in their own field.
A managing partner put it this way after the first project analysis: ”You have this technical know-how, but you also understand a bit about the land register. That is not always a given.”
With a property that is on your desk right now, and with whatever exists for it. After that we sit down together and cut the project analysis to your properties: which tiles you need, which ones fall away, what your list of missing documents should look like. Your templates and your acquisition profile come first.
What you learned about the property during the acquisition stays with the property and goes on into the development: minutes, bid comparisons, dates and costs on the same footing as the acquisition. This part is currently open to development partners only. If you want in on it, say so in the call.
Bring an exposé along, ideally one that is occupying you right now. We put next to it what AIMI finds on it, and you tell us whether that changes your afternoon round. We go through your property with you, not through a presentation.
“Minimising the risk, that is what it is about today. The great magic word,” says a managing partner about what makes him buy. You can start with a single project.