10% stake in a real estate company with 6 apartment buildings and 63 units

A real estate investment company (GmbH & Co. KG) is for sale; its sole assets are two commercial and logistics warehouses in northern Germany. The warehouses, with floor areas of 656 m² and 915 m² respectively, are located on a property with a total area of 4,500 m² near a federal highway. The company does not engage in any operational activities and thus serves exclusively for real estate holding purposes. The transaction is structured as a share deal.

The asset management GmbH, founded in 2024 and headquartered in Thuringia, is being offered for sale as part of a share deal comprising 100% of the company’s shares. The company holds only its own real estate portfolio in Saxony-Anhalt, with a total area of approximately 14,771 m². It has no operating business and employs no staff; furthermore, it has neither bank loans nor any outstanding financing.

The real estate brokerage GmbH, which is currently for sale, has been known in the greater Berlin area for many years as a high-quality brokerage and one of the leading providers. The GmbH is an independent, owner-managed company with a long-standing tradition in the real estate industry. The company is distinguished by its professionalism and extensive real estate expertise. A team of highly qualified real estate experts is available to provide comprehensive support to prospective buyers and sellers. The company’s success is based on its corporate philosophy: maximum customer satisfaction, constant adaptation to the real estate market, and selling at the highest possible prices. The company has been successfully selling real estate in Berlin and Brandenburg for many years. This includes single-family homes, villas, apartments, building lots, and commercial properties. It serves both private and commercial clients. Over the years, the company has built up a very large client base of property owners and prospective buyers. The company is headquartered in Berlin, where most of its residential and commercial real estate projects are located. Through the sale of investment properties and multi-family homes, the company also operates nationwide. Another office will open in Frankfurt am Main in the coming weeks. A real estate agent is already on site there, and the first projects are already listed. In the event of a sale, all nine independent real estate agents and the back-office staff member will remain with the company. The current managing director will stay with the company for as long as necessary to ensure a smooth transition. There are currently 59 properties in the pipeline with a total asking price of approximately 64,000,000.00 euros and an expected total commission of approximately 4,600,000.00 euros. According to management, most of these properties are expected to be sold within the next 12 months. Several apartment buildings are currently listed nationwide. These properties can be further expanded as needed. In recent years, the company has achieved an average annual revenue of approximately 1,300,000.00 euros. EBITDA was approximately 410,000.00 euros. With the addition of the Frankfurt am Main location, further revenue growth is expected.

Our client is a medium-sized construction company with a long history and a strong regional presence. Since its founding, the company has evolved from a traditional construction firm into a modern general contractor specializing in building construction. Its operational focus is on challenging turnkey new-construction projects as well as the strategically important area of building renovation. The service portfolio includes, in particular, residential and commercial buildings, commercial real estate, social facilities, as well as hotel and vacation apartment complexes. In addition, the company carries out conversion, modernization, and renovation projects on existing buildings. A key differentiator is its professional organizational structure. The company has dedicated departments for cost estimation, BIM, project management, turnkey construction, building renovation, work planning, quality assurance, lean management, controlling, administration, and corporate digitization. As a result, the company is significantly more focused on project management, planning, and coordination than a traditional, trade-based construction firm. Of particular note is the company’s existing digital expertise. The BIM method is used in cost estimation and project planning to digitally model construction projects at an early stage, identify interfaces, and plan costs and schedules with greater reliability. In addition, the company employs lean management on its construction sites. The company enjoys a strong reputation in the regional market as a reliable, transparent, and collaborative contractual partner. Its market position is further bolstered by several awards, including recognition as a Top Innovator, Employer of the Future, and Construction Company of the Year. Long-standing relationships with investors, project developers, clients, and subcontractors form an important foundation for its stable market position. In 2025, the company employed approximately 50 people. The workforce consists of qualified construction managers, project managers, cost estimators, and BIM specialists, as well as commercial and administrative staff. A well-established second tier of management and low turnover in key positions create a stable operational foundation for a successor. The current order backlog is a key value driver. According to the borrower’s report, the company has a weighted order backlog of approximately 194 million EUR through 2029. Based on this, the calculated average annual revenue amounts to approximately 48.5 million EUR. For 2026, the plan calls for total revenue of approximately 52.8 million EUR. The sustainably derived EBITDA is approximately 970 TEUR. The main operating premises are privately owned by the shareholder and are leased by the company. They include, among other things, office space, a construction yard, and a warehouse, thereby providing a functional foundation for the company’s current size and its future operational development. The sale to an external successor is being pursued for retirement reasons and is a high priority. The goal is to ensure the long-term continuity of this established company and to consistently leverage its existing growth potential. Opportunities exist, in particular, in expanding the existing building renovation segment, strengthening sales and brand positioning, utilizing BIM expertise, and further professionalizing corporate management. The ideal successor should think entrepreneurially, possess social awareness, and cultivate a collaborative leadership style. A background in construction engineering is advantageous but not mandatory. An entrepreneur with a business-oriented background may also be considered, provided they respect the existing corporate culture and work with the team to further develop the company.