When it comes to arts and culture, financing is often an avoided subject. We don't follow the trend here since many theatres and performing arts centers desperately need a technical refurbishment but are lacking the necessary funds. Public funding is often constrained and cultural investments are often pushed back when it comes to financing.
Demands from artistic institutions as well as the audience have remained on a high level, even though the technical equipment of venues is aging rapidly. Demand and reality often differ vastly.
batalpha Bobach GmbH found a partner in Allianz AG, among others, to offer venues a way out of this dilemma.
According to customer needs, we develop a concept tailored to the specific needs in form of an individul contracting solution and offer flexible financing solutions in form of leasing-, purchasing- or delivering-contracts with variable runtimes. By this, we enable the necessary financial investments needed for a refurbishment to secure the successful running of a cultural institution for years to come. We call this: financial services with cultural engagement. You remain the master of arts and culture. Here are a few examples:
The Allianz Group offers financing to public bodys, its corporations and foundations as well as private companies.
Being the classic contracting- or PPP-structure where a new investment - in this case new technical installations - of a company or public body and its corporations or foundations are realized with solutions based on renting or leasing.
As a modification to the former example, here, the old technical equipment, as well as parts or the complete building, can be sold as part of a Lease-Back solution, bringing additional liquidity.
Please approach us if you are a technical or artistic director, owner, operating company or administrator of a venue with the need for refurbishment. Take advantage of this one-of-a-kind combination of optimal financing, efficient planning and prompt execution, all offered by one reliable partner.