The real estate investing industry in DACH is vibrant and competitive, involving a myriad of firms that provide capital for various property developments. Companies range from investment banks to venture capital and private equity firms, specializing in both traditional real estate as well as innovative tech solutions known as PropTech. Trends suggest an increasing focus on sustainability and technology-driven strategies, with investors looking to enhance asset management and liquidity through digital platforms. Moreover, the shift towards urbanization and environmentally friendly projects reinforces the industry's forward momentum, indicating a landscape ripe for growth and new opportunities.

The DACH's investment scene showcases a blend of corporate entities, venture capitalists, and private equity firms. With headquarters predominantly in major cities like Frankfurt and Berlin, these investors vary in size and legacy, from established giants like Deutsche Bank, founded in 1870, to modern firms such as Foundamental, launched in 2019. In total, these 13 investors made 181 notable deal commitments in 2024, underlining their influence and dedication to shaping the real estate investing market.

Top 13 Real Estate Investing Investors in DACH

1. Deutsche Bank

• Website: db.com
• Type: Corporate
• Headquarters: Frankfurt, Hesse, Germany
• Founded year: 1870
• Headcount: 10001+
• Number of deals in 2024: 32
• LinkedIn: deutsche-bank

Deutsche Bank AG, founded in 1870 and headquartered in Frankfurt, Hesse, Germany, is a leading investment bank and financial services provider. With over 10,000 employees, it offers a wide range of solutions including investment banking, corporate banking, cash management, trade finance, and securities services. Deutsche Bank serves corporate and institutional clients, helping them manage their financial assets and liquidity effectively through its digital platform, Autobahn. Notably, Deutsche Bank has made significant strides in the real estate sector, highlighted by its acquisition of RREEF in 2002 for $440 million, which marked its entry into real estate investment management. More recently, the bank has been involved in debt financing for various real estate firms, including a substantial $682 million raised by Azora in October 2023 and other debt transactions with entities like Azrieli Group and Clikalia. These activities underscore Deutsche Bank's commitment to the real estate market, making it a relevant investor in this space.

2. Partners Group

• Website: partnersgroup.com
• Type: Private Equity
• Headquarters: Baar, Zug, Switzerland
• Founded year: 1996
• Headcount: 1001-5000
• Number of deals in 2024: 19
• LinkedIn: partners-group

Partners Group Holding AG is a prominent investment management firm based in Baar, Zug, Switzerland, specializing in private equity, private infrastructure, private real estate, and private debt. Founded in 1996, the firm manages over USD 149 billion in assets and is recognized for its innovative approach and commitment to sustainability. In recent transactions, Partners Group has made significant strides in the real estate sector, including the acquisition of Empira, a real estate investment management firm, to enhance its exposure to real estate credit. They also invested in Citivale Group Holdings Ltd, a developer specializing in logistics and light industrial assets, as part of a strategy to invest in real estate operating companies. Furthermore, their acquisition of a minority stake in Trinity Investments, focusing on hospitality opportunities across North America and Europe, showcases their active role in the real estate market. These transactions highlight Partners Group's dedication to real estate investing, making them a relevant player in this industry.

3. Picus Capital

• Website: picuscap.com
• Type: Venture Capital
• Headquarters: Munich, Bavaria, Germany
• Founded year: 2015
• Headcount: 11-50
• Number of deals in 2024: 28
• LinkedIn: picus-capital

Picus Capital is a venture capital firm based in Munich, Bavaria, Germany, founded in 2015. The firm specializes in early-stage technology investments and partners with innovative startups across various sectors, including fintech and healthcare. Notably, Picus Capital has also invested in the real estate technology space, with significant transactions such as Homeday, a property technology startup that raised funds to enhance its development and marketing efforts. Additionally, they participated in the funding of Kocomo, a Mexican proptech company, which raised substantial equity and debt financing. These investments highlight Picus Capital's engagement in the real estate sector, showcasing their ability to support startups that challenge traditional real estate practices through technology.

4. Axel Springer

• Website: axelspringer.com
• Type: Corporate
• Headquarters: Berlin, Berlin, Germany
• Founded year: 1946
• Headcount: 10001+
• Number of deals in 2024: 1
• LinkedIn: axel-springer-se

Axel Springer SE is a prominent media company based in Berlin, Germany, founded in 1946. It specializes in publishing news and digital media, operating a diverse portfolio of brands such as BILD and Business Insider. The company is dedicated to independent journalism and leveraging technology to enhance its media offerings. In the context of real estate investing, Axel Springer has made notable investments in the proptech sector, including multiple funding rounds for Homeday, a Berlin and Cologne-based online real estate agent, where it participated in Series A, B, and C funding rounds totaling over €45 million. Additionally, Axel Springer acquired PropertyGate.com in 2001, further solidifying its involvement in the real estate market. The company also engaged with Immonet.de, a real estate platform, indicating a broader strategy to integrate real estate services within its digital media ecosystem.

5. HV Capital

• Website: hvcapital.com
• Type: Venture Capital
• Headquarters: Flensburg, Schleswig-Holstein, Germany
• Founded year: 2000
• Headcount: 11-50
• Number of deals in 2024: 28
• LinkedIn: hvventures

HV Capital is a venture capital firm based in Flensburg, Schleswig-Holstein, Germany, founded in 2000. With over €2.8 billion under management, HV Capital specializes in investing in digital companies and supporting entrepreneurs from seed stage to exit. The firm has been actively involved in the real estate sector through its investments in PropTech companies. Notably, HV Capital participated in funding rounds for Exporo, a German real estate investment platform, contributing to its growth and expansion. Exporo has raised significant amounts, including €43 million in a Series B round and additional funding in Series C rounds, aimed at launching new digital real estate products and expanding internationally. HV Capital's investment in IMMO, which raised over $15 million in Series A funding, further highlights their commitment to the real estate market, showcasing their strategic guidance and capital support for innovative real estate solutions.

6. Loric Ventures

• Website: loric.vc
• Type: Corporate
• Headquarters: Berlin, Berlin, Germany
• Founded year: 2016
• Headcount: 1-10

Loric Ventures is a corporate venture capital firm based in Berlin, Germany, founded in 2016. The firm specializes in investing in innovative and disruptive solutions globally, with a particular focus on financial technology and urban technology. Loric Ventures supports startups and technology companies by providing the necessary capital to help them grow and succeed in their respective markets. Notably, they have invested in several real estate-related startups, including IMMO, which focuses on property technology, MYNE Homes, which offers home buying solutions, Housfy, a platform for selling homes, and Nested, which provides services for home buyers and sellers. These investments highlight Loric Ventures' engagement in the real estate sector, complementing their broader investment strategy in technology-driven solutions.

7. Ringier

• Website: ringier.com
• Type: Corporate
• Headquarters: Zurich, Zurich, Switzerland
• Founded year: 1833
• Headcount: 5001-10000
• LinkedIn: ringier

Ringier AG is a media company based in Zurich, Switzerland, founded in 1833. It operates in media publishing, digital marketplaces, and technology solutions, serving both consumers and businesses. In addition to its core media operations, Ringier has made significant strides in the real estate sector through various transactions. Notably, it acquired BuyRentKenya in December 2017, enhancing its presence in the real estate market. In November 2022, Ringier acquired Homsters, a company specializing in automated sales and marketing solutions for new property developments, further solidifying its commitment to real estate. Additionally, Ringier participated in funding rounds for Lamudi, a real estate platform, showcasing its investment interest in the sector. These transactions highlight Ringier's strategic approach to diversifying its portfolio and expanding its influence in the real estate industry.

8. Allianz

• Website: allianz.com
• Type: Corporate
• Headquarters: Munich, Bavaria, Germany
• Founded year: 1890
• Headcount: 10001+
• Number of deals in 2024: 5
• LinkedIn: allianz

Allianz is a corporate investor based in Munich, Bavaria, Germany, founded in 1890. As a leading insurance company, Allianz provides a range of insurance products and investment management services aimed at risk management and asset protection. With a global presence, Allianz seeks to create long-term value for stakeholders through innovative solutions. Notably, Allianz has made significant investments in the real estate sector, including the acquisition of ELIX Vintage Residencial in June 2021. They also participated in the Series B funding round for the Singapore-based real estate platform 99.co, which aims to expand its reach in property-related financial products. These transactions highlight Allianz's strategic interest in real estate, complementing their broader investment portfolio.

9. Project A

• Website: project-a.com
• Type: Venture Capital
• Headquarters: Berlin, Berlin, Germany
• Founded year: 2012
• Headcount: 51-200
• Number of deals in 2024: 13
• LinkedIn: project-a-ventures

Project A is a venture capital firm based in Berlin, Germany, founded in 2012. They specialize in early-stage tech investments and provide operational support for startups. Their services include consulting in tech and growth, access to a network of investors, and pre-seed investment opportunities. Notably, Project A has invested in several real estate technology companies, including Evernest, a proptech startup that raised €13M in a Series A round to enhance its technology platform and expand into new markets. Additionally, they have supported Homeday, an online real estate agent, in multiple funding rounds, including a €20M round aimed at scaling its business model. These transactions highlight Project A's involvement in the real estate sector, particularly in technology-driven solutions.

10. Foundamental

• Website: foundamental.com
• Type: Venture Capital
• Headquarters: Berlin, Berlin, Germany
• Founded year: 2019
• Headcount: 11-50
• Number of deals in 2024: 7
• LinkedIn: foundamental

Foundamental is a Berlin-based venture capital firm founded in 2019, specializing in the architecture, engineering, and construction (AEC) technology sectors. The firm provides early-stage funding and strategic support to startups, helping founders navigate the challenges of building their businesses. Foundamental's portfolio includes notable investments in the real estate technology sector, such as Homebase, a Vietnam-based proptech platform that raised $30 million to expand its market leadership in Southeast Asia, and Aeria, a commercial real estate asset management platform that secured $1.8 million in pre-seed funding. Additionally, they invested in Ivy Homes, a proptech startup that raised $7 million. These transactions highlight Foundamental's active role in supporting innovative solutions within the real estate industry, particularly in proptech, which aligns with their investment strategy in the AEC sector.

11. Seedstars

• Website: seedstars.com
• Type: Venture Capital
• Headquarters: Carouge, Geneva, Switzerland
• Founded year: 2012
• Headcount: 201-500
• Number of deals in 2024: 6
• LinkedIn: seedstars

Seedstars is an investment and education company based in Carouge, Geneva, Switzerland, founded in 2012. The firm focuses on supporting startups and entrepreneurs in emerging markets through various programs, including acceleration and growth initiatives, investment readiness, and the operation of entrepreneurship hubs. Seedstars collaborates with governments, investors, and development agencies to foster entrepreneurial ecosystems and drive social and economic development. Notably, Seedstars has participated in several transactions relevant to the real estate sector, such as SmartCrowd, which raised $18,615 in a seed round for real estate crowdfunding, and Alquilando, which raised $600,000 in a seed round to facilitate rental solutions. These investments highlight Seedstars' engagement in the real estate market, alongside its broader investment strategy.

12. b2venture

• Website: b2venture.vc
• Type: Venture Capital
• Headquarters: St. Gallen, St. Gallen, Switzerland
• Founded year: 2000
• Headcount: 11-50
• Number of deals in 2024: 15
• LinkedIn: btovpartners

b2venture is a venture capital firm based in St. Gallen, Switzerland, founded in 2000. The firm specializes in early-stage investments in innovative startups across various sectors, providing financial backing and support to entrepreneurs. Notably, b2venture has participated in several transactions within the real estate sector, particularly in PropTech. For instance, they invested in Predium, a Munich-based startup that raised €4.5 million to develop ESG management solutions for real estate, highlighting their commitment to supporting technology that enhances real estate management and sustainability. Additionally, b2venture was involved in earlier funding rounds for Predium, showcasing their ongoing support for innovative real estate solutions. Their collaboration with a community of angel investors further strengthens their investment strategy, making them a key player in the European venture capital landscape, particularly in the context of real estate technology.

13. Barclays Consumer Bank Europe

• Website: barclays.de
• Type: Corporate
• Headquarters: Hamburg, Hamburg, Germany
• Founded year: 1991
• Headcount: 501-1000
• Number of deals in 2024: 5
• LinkedIn: barclays-consumer-bank-europe

Barclays Consumer Bank Europe is a financial services company based in Hamburg, Germany, that offers a variety of products including credit cards, loans, and savings accounts. Founded in 1991, the bank primarily serves individual consumers through its online platform and mobile app, providing flexible financial solutions. In addition to its consumer banking services, Barclays has been involved in significant transactions in the real estate sector. Notably, it participated in a $552 million debt transaction with W. P. Carey, a prominent REIT, and a $237 million equity raise for Global Net Lease, another REIT. These transactions highlight Barclays' engagement in financing real estate investments, demonstrating its relevance in the real estate investing landscape.

Real Estate Investing Insights: Key Investors in DACH

Investor	Headquarter	Size	Founded	Deals 2024
Deutsche Bank	Frankfurt, Hesse, Germany	10001+	1870	32
Partners Group	Baar, Zug, Switzerland	1001-5000	1996	19
Picus Capital	Munich, Bavaria, Germany	11-50	2015	28
Axel Springer	Berlin, Berlin, Germany	10001+	1946	1
HV Capital	Flensburg, Schleswig-Holstein, Germany	11-50	2000	28
Loric Ventures	Berlin, Berlin, Germany	1-10	2016	0
Ringier	Zurich, Zurich, Switzerland	5001-10000	1833	0
Allianz	Munich, Bavaria, Germany	10001+	1890	5
Project A	Berlin, Berlin, Germany	51-200	2012	13
Foundamental	Berlin, Berlin, Germany	11-50	2019	7
Seedstars	Carouge, Geneva, Switzerland	201-500	2012	6
b2venture	St. Gallen, St. Gallen, Switzerland	11-50	2000	15
Barclays Consumer Bank Europe	Hamburg, Hamburg, Germany	501-1000	1991	5

Want to find more investors focusing on the real estate investing industry?

If you want to find more investors that are active in the real estate investingindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and there are a lot more private equity, venturecapital, and corporate investors like these globally.

With Inven, you'll also get to know:

• Deal History: Number of deals and their sizes.
• Portfolio: Companies they've invested in.
• Contact data: Key dealmakers, including their emails and phonenumbers.
• ...and much more!