Real estate transactions
Sale and acquisition of commercial assets, residential portfolios and developments between EUR 10 and 400 million. Discreet, partner-led investor outreach — with no teaser circulating in the market.
Calling it brokerage only covers half of the work. Formally we broker purchase agreements for commercial property; in practice we run a capital markets process — valuation, story, buyer selection, negotiation, funding checks. The difference becomes visible the moment a bidder in an advanced stage cannot evidence its financing.
Our mandates come mainly from long-term holders, developers, family offices and insolvency administrators. Often the question is not only price, but timing, discretion and whether a sale makes sense at all. We answer that before the mandate, not after it.
0 – 400
EUR m transaction size per mandate
0+
active investors in direct contact
0 – 10
weeks to signing off-market
> 0bn
EUR volume advised
Scope
Not a menu — one continuous process from the first look at the numbers to the receipt of the purchase price.
Before anyone is approached, the number has to hold. Income approach, comparable transactions from the past twelve months, outstanding CapEx. The result is a range, not a wish. If we think the price is not achievable, we say so upfront.
No listing portal, no teaser circulating. We approach two to five vetted buyers whose acquisition profiles we hold on file. The wider market learns about the sale once it is notarised.
When price matters more than discretion: teaser, information memorandum, indicative bids, shortlist, binding round. Fixed deadlines, clear rules, comparable offers — including on funding certainty.
For investors with a clear acquisition profile we search directly, including with owners who are not on the market. Slower than screening portals, but it produces assets nobody else is bidding on.
We run the price and structure negotiation, coordinate due diligence, notary and lenders, and keep an eye on payment milestones. The mandate ends when the purchase price arrives, not at the handshake.
A buyer without committed funding is not a buyer. We test the capital side of every bidder and, where wanted, structure the acquisition financing ourselves. That regularly cuts weeks off the path to closing.
Difference
It's a people's business. We match through personal relationships, not databases or algorithms.
Assets of this size are not sold through advertisements. They are sold through people who know who is allocating capital right now.
Investors are approached by the partners, not by a sales desk. Whoever signs off on EUR 40 million does not want to talk to a junior.
If we cannot place it — wrong location, wrong price, wrong timing — we do not take it. An asset sitting on the market for twelve months is damaged more than by no sale at all.
„The best buyer is rarely the one who calls first. It is the one you know and approach on purpose.“
Regions
Focus on Germany and Switzerland, extending to major European cities. On the investor side, international.
Our home market. Office, mixed-use and hotel in the banking district and surrounding region, with ownership structures we know personally.
Residential portfolios, urban quarters and value-add office. The buyer pool is international; permitting remains the time factor.
Tight market, low yields, long holding horizons. Family offices dominate and off-market is the rule rather than the exception.
Logistics, local retail and inner-city office. A high share of institutional holders with explicit ESG requirements.
Retail parks, logistics and office in the Rhineland. Largely regional buyers plus selective foreign funds.
Alongside Germany we run mandates in Switzerland and in major European cities, usually with investors allocating across borders.
FAQ
Short answers from day-to-day mandates – including when a neighbouring service is the better route.
Success-based, scaled by volume. Above EUR 10 million the fee sits well below residential market levels. Where preparation is heavy — portfolio clean-up, building a data room — we add a retainer element that is credited against the success fee.
Usually EUR 10 million, and EUR 20 million for hotel and special-purpose assets. At the upper end we handle mandates up to roughly EUR 400 million. Smaller assets we occasionally pass to colleagues in our network.
The teaser is anonymised: rough location, indicative figures, no photo. Asset data follows only after an NDA. Where the tenant structure is sensitive, we agree beforehand which parties must not be approached.
Off-market often six to ten weeks to signing; in a structured process three to six months. The usual bottleneck is an incomplete data room, not the buyer.
Yes, on buy-side mandates. We then avoid sell-side work in the same segment and region to rule out conflicts of interest.
We come from the capital side. Valuation, financing structure and buyer credit are assessed in-house — at this size that belongs at the core of the mandate, not in a footnote.
Related services
Most questions do not stop at one discipline. These are the neighbouring areas – and why they usually come up.
Send us the key figures. You get a first read on price range and buyer pool — confidential, no mandate required.
