This piece of research includes three German micro-living real estate investors that can be found on our database of the largest residential real estate investors in Europe. The list includes institutional investors, project developers, real estate firms, pension funds, and REITs that actively pursue residential real estate ventures across Europe.
Micro-living has become an elusive real estate asset as it provides a housing solution for students, young professionals, and co-living. Despite a decline in growth due to the covid-19 pandemic, the market has rebounded and can offer value to potential investors. This research includes three German investment groups that actively pursue ventures in micro-living real estate assets.
1) Solidare (Düsseldorf, Germany)
Headquartered in Düsseldorf, Solidare can offer over 20 years of experience developing high-quality and modern micro-apartment buildings. The Solidare team consists of over 200 employees that are working on approximately 1,500 micro-apartments located across 6 German locations. The German firm has strict criteria which must be met before acquiring projects which are as follows: location, price, and intended use.
2) Union Investment Real Estate GmbH (Hamburg, Germany)
The real estate subsidiary of the German investment firm, Union is a vastly experienced group with over 66 years of experience in the real estate market. Union manages over €58bn of real estate assets through their real estate and specialized funds which have invested in office, retail, hotel, logistical and residential centers. Amassing a portfolio consisting of over 500 commercial properties. In 2017, Union launched its own specialized fund (Urban Living Nr. 1) targeting micro-living opportunities that provide an attractive risk/return profile for institutional investment. The fund has been used to acquire German micro-living properties such as its co-living asset in Berlin, named Living House Berlin.
3) 4TheCity Real Estate GmbH (Berlin, Germany)
Based in Berlin, 4TheCity is an investment and asset manager that also functions as a developer and operator of real estate assets. The firm has a focus on housing and living concepts such as senior living, micro-living, and student accommodation. 4TheCity target traditional apartment and residential complexes but also have a keen interest in alternative residential concepts like micro-living ventures that are based in stabilized towns and cities with a population of at least 20,000.
Picture source: Huy Nguyen (29.04.2023)