The real estate asset management industry in DACH focuses on the strategic oversight and optimization of property investments. Companies involved range from global banking giants to specialized venture capital firms, all working to enhance value through financial engineering and market insights. As urbanization continues to escalate, there’s a growing emphasis on sustainability and technology-driven solutions, especially in property transactions and management. Trends indicate a shift towards using technology to streamline operations and improve tenant experiences, making the sector more efficient and responsive to market demands. This evolution positions the DACH region as a competitive hub for real estate innovations.


The investors featured here represent a rich mix of corporate, private equity, and venture capital firms from the DACH region. Headquartered in cities like Munich, Berlin, Zurich, and Frankfurt, they range from large entities like Deutsche Bank, founded in 1870, to newer firms such as Picus Capital, established in 2015. In 2024 alone, these investors were involved in numerous significant deals, showcasing their active participation in the real estate sector. With a blend of thousands of employees and a focus on innovative technologies, they are reshaping the future of real estate asset management.


Top 16 Real Estate Asset Management Investors in DACH


1. 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 an 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 offers a range of investment solutions to institutional investors, private banks, and individual investors. Recently, Partners Group has made significant strides in the real estate sector, including the acquisition of Empira, a real estate investment management firm, which enhances their exposure to real estate credit. They have also invested in Citivale, a developer and asset manager specializing in logistics and light industrial assets, marking a strategic move to invest in real estate operating companies. Furthermore, Partners Group leads a consortium that acquired Foncia, a prominent French property management services provider, indicating their active role in real estate asset management. Their innovative approach and commitment to sustainability further distinguish them in the investment landscape.


2. 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 acquired RREEF, a prominent real estate investment management firm, for $440 million in 2002, marking its significant entry into the real estate sector. In recent years, Deutsche Bank has also been involved in substantial debt financing transactions related to real estate, including raising over $682 million for Azora and participating in debt financing for Clikalia, which further underscores its active role in real estate asset management.


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 invested in several property technology startups, such as Homeday, which focuses on streamlining property transactions, and Nested, a London-based estate agency that provides cash advances to home sellers. These investments highlight Picus Capital's commitment to empowering entrepreneurs in the real estate sector, alongside their broader mission to support sustainable category leaders globally.


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, including BILD and Business Insider. The company is dedicated to independent journalism and leveraging technology to enhance its media offerings. In recent years, Axel Springer has also made notable investments in the real estate sector, particularly through its real estate division, Aviv. Key transactions include a Series C investment in Homeday, an online real estate agent, where they raised approximately $45.4 million in 2020. Additionally, Axel Springer participated in a Series B funding round for Homeday in 2018, contributing to a €20 million raise. The company also invested €9 million in Housell, a Spanish online real estate agency, highlighting its strategic focus on technology-driven real estate solutions. Furthermore, Axel Springer acquired PropertyGate.com in 2001, further solidifying its presence in the real estate market.


5. 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 strong emphasis 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 made several investments in the real estate sector, including IMMO, which focuses on property transactions, Housfy, a platform for selling homes, MYNE Homes, which aims to simplify home buying, and Ukio, a company that offers flexible rental solutions. These transactions highlight Loric Ventures' engagement with real estate asset management through technology-driven solutions.


6. 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, which raised significant capital to expand its offerings and international presence. In addition, HV Capital invested in IMMO, a company focused on real estate solutions, further showcasing their engagement in the real estate asset management industry. These transactions highlight HV Capital's strategic interest in the intersection of technology and real estate, positioning them as a relevant investor in this space.


7. BitStone Capital

  • Website: bitstone.capital
  • Type: Venture Capital
  • Headquarters: Neunkirchen, North Rhine-Westphalia, Germany
  • Founded year: 2017
  • Headcount: 1-10
  • Number of deals in 2024: 4
  • LinkedIn: bitstone-capital

BitStone Capital is a venture capital firm based in Neunkirchen, North Rhine-Westphalia, Germany, founded in 2017. The firm specializes in investing in innovative startups within the real estate and construction technology sectors, providing venture capital, business development support, and advisory services to help these startups grow in a rapidly digitizing industry. Their portfolio includes companies focused on digital solutions for property management and building technology. Notable transactions include the investment in Vermietet.de, which raised funds in a venture round, indicating a focus on property management solutions. Additionally, their investment in Optiml, which raised over $4 million in a pre-seed round, suggests a commitment to supporting early-stage companies that are likely to innovate within the real estate sector. Other investments include Simplifa, Doozer, and Pinestack, which further demonstrate their active engagement in the real estate technology landscape.


8. Ringier

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

Ringier AG is a corporate investor based in Zurich, Switzerland, founded in 1833. It operates primarily in media publishing, digital marketplaces, and technology solutions, serving both consumers and businesses. 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 marketplace. Additionally, Ringier participated in funding rounds for real estate platforms such as Flatfox AG and Lamudi, further solidifying its involvement in the real estate asset management space. The acquisition of Scout24 Switzerland in 2014, which includes leading classified-advertisement marketplaces, also contributes to Ringier's digital business strategy and revenue generation, indicating a strategic interest in real estate-related services.


9. 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 prominent insurance company based in Munich, Bavaria, Germany, founded in 1890. It provides a wide range of insurance products and investment management services aimed at risk management and asset protection for individuals and businesses. With a global presence, Allianz seeks to create long-term value for its stakeholders through innovative solutions. Notably, Allianz has engaged in significant real estate transactions, including the acquisition of ELIX Vintage Residencial in June 2021, which underscores its commitment to real estate investment. Furthermore, Allianz X, the digital investment arm of Allianz, led a Series B funding round for the Singapore-based real estate platform 99.co, which raised $15.2 million. This involvement in both direct real estate acquisitions and investments in real estate technology platforms highlights Allianz's active role in the real estate asset management sector.


10. Pt1

  • Website: pt1.vc
  • Type: Venture Capital
  • Headquarters: Berlin, Berlin, Germany
  • Founded year: 2018
  • Headcount: 11-50
  • Number of deals in 2024: 6
  • LinkedIn: proptech1

PT1 is a venture capital firm based in Berlin, Germany, founded in 2018. The firm specializes in investing in early-stage startups that focus on transformative real asset technologies, aiming to address global challenges related to resource scarcity and sustainability. PT1 employs a structured investment management approach, targeting pre-seed and seed funding stages. Notably, they have participated in significant transactions within the real estate sector, including Beanstock, a French buy-to-let investment marketplace that raised €12M in a Series A round, and Wunderflats, a Berlin-based platform for temporary furnished housing, which has secured multiple rounds of funding. These investments highlight PT1's commitment to supporting innovative solutions in the real estate asset management industry, making them a relevant player in this field.


11. 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. Specializing in early-stage tech investments, Project A provides operational support for startups, including 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 supported Homeday, an online real estate agent, in raising €20M to scale its business model. These transactions highlight Project A's active role in the real estate sector, particularly in leveraging technology to improve real estate services and management.


12. Scout24 SE

  • Website: scout24.com
  • Type: Corporate
  • Headquarters: Munich, Bavaria, Germany
  • Founded year: 1998
  • Headcount: 1001-5000
  • Number of deals in 2024: 1
  • LinkedIn: scout24-group

Scout24 SE is a corporate investor based in Munich, Bavaria, Germany, founded in 1998. The company operates ImmoScout24, the leading online marketplace for residential and commercial properties in Germany, providing users with tools to search for properties and access market analysis. In recent years, Scout24 has made significant acquisitions to enhance its position in the real estate asset management sector. Notably, in June 2023, Scout24 acquired a 75% majority stake in Sprengnetter Group, a leading provider of property data and valuation services, for approximately EUR 100 million. This acquisition aligns with their strategy to strengthen their data capabilities in real estate. Additionally, in December 2024, Scout24 acquired bulwiengesa AG, another key player in valuation and data services for commercial real estate. Furthermore, the acquisition of Vermietet.de in May 2021 aimed to integrate property management tools into their marketplace, catering to private landlords. These strategic moves highlight Scout24's commitment to enhancing its offerings in real estate asset management.


13. 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 companies focused on 3D design, construction, renovation, and supply chain logistics, primarily targeting businesses in the AEC industry. Notably, Foundamental has invested in Aeria, a commercial real estate asset management platform that secured USD 1.8 million in pre-seed funding, and Homebase, a Vietnam-based real estate technology platform that raised $30 million to empower homeownership across Southeast Asia. Additionally, they have supported Ivy Homes, a prop-tech startup, and reINVENT, further demonstrating their engagement in the real estate technology landscape.


14. Six

  • Website: six-group.com
  • Type: Corporate
  • Headquarters: Zurich, Zurich, Switzerland
  • Founded year: 2008
  • Headcount: 1001-5000
  • Number of deals in 2024: 8
  • LinkedIn: sixgroup

SIX is a financial services company based in Zurich, Switzerland, founded in 2008. It operates key financial market infrastructure and provides a range of services including securities transactions, payment processing, and financial information services. The company serves a diverse clientele, primarily consisting of financial institutions and businesses. In recent years, SIX has been active in the fintech space, making investments that align with real estate asset management. Notably, they led a Series A funding round for vestr, a company that offers issuers of Actively Managed Certificates (AMCs) an alternative to traditional investment funds, which is relevant to real estate investment strategies. Additionally, their participation in the funding of Fundcraft, a fund administration company, highlights their engagement in sectors that support asset management, including real estate. Overall, SIX's investment activities reflect a commitment to enhancing financial services that can be leveraged in real estate asset management contexts.


15. 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. They collaborate with a community of angel investors, enhancing their investment strategy and positioning them as a key player in the European venture capital landscape. Notably, b2venture has participated in significant transactions within the real estate sector, including investments in Predium, a Munich-based PropTech startup specializing in ESG management solutions for real estate and finance. In 2023, b2venture increased its investment in Predium during a seed funding round aimed at developing a leading ESG management platform for decarbonizing buildings. Additionally, their involvement in TripleMint, a high-tech brokerage, further demonstrates their engagement in the real estate market. These transactions highlight b2venture's relevance in the real estate asset management context.


16. IBB Ventures


IBB Ventures is a venture capital firm based in Berlin, Germany, founded in 1997. The firm specializes in early-stage financing and has invested in over 270 startups, providing not only capital but also expertise and resources to help these businesses thrive. Among their notable transactions, IBB Ventures has invested in Realbest, a Berlin-based real estate startup that has raised multiple rounds of funding, including Series B and Series C rounds. Realbest aims to enhance its brokerage and distribution network in the real estate market, showcasing IBB Ventures' engagement in the real estate sector. Additionally, their investment in assetbird, although not explicitly real estate-focused, indicates their interest in innovative platforms that could intersect with real estate management. Overall, IBB Ventures demonstrates a commitment to supporting startups that contribute to the evolution of the real estate industry.



Real Estate Asset Management Insights: Key Investors in DACH


InvestorHeadquarterSizeFoundedDeals 2024
Partners GroupBaar, Zug, Switzerland1001-5000199619
Deutsche BankFrankfurt, Hesse, Germany10001+187032
Picus CapitalMunich, Bavaria, Germany11-50201528
Axel SpringerBerlin, Berlin, Germany10001+19461
Loric VenturesBerlin, Berlin, Germany1-1020160
HV CapitalFlensburg, Schleswig-Holstein, Germany11-50200028
BitStone CapitalNeunkirchen, North Rhine-Westphalia, Germany1-1020174
RingierZurich, Zurich, Switzerland5001-1000018330
AllianzMunich, Bavaria, Germany10001+18905
Pt1Berlin, Berlin, Germany11-5020186
Project ABerlin, Berlin, Germany51-200201213
Scout24 SEMunich, Bavaria, Germany1001-500019981
FoundamentalBerlin, Berlin, Germany11-5020197
SixZurich, Zurich, Switzerland1001-500020088
b2ventureSt. Gallen, St. Gallen, Switzerland11-50200015
IBB VenturesBerlin, Berlin, Germany11-50199718


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

If you want to find more investors that are active in the real estate asset managementindustry, 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!