In the following, we present three exciting project developers from North Rhine-Westphalia who are also part of our comprehensive directory. The focus of the presentations is the investment focus and current projects of the developers. This article is based on the unique List of the 1000 largest project developers in Germany.
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1. art-Invest Real Estate Management GmbH & Co. KG (Cologne)
Art-Invest Real Estate is a real estate group founded in 2010, which deals with real estate investments and project developments. In addition to the managing partners, the Bremer Zech Group – a leading German construction company and well-known family-owned project developer – holds a stake in Art-Invest Real Estate. The project development business is located within the Art-Invest group of companies at Art-Invest Real Estate Management. Financing is provided by a separate investment company, which launches special funds for institutional investors. Art-Invest Real Estate is considered one of the largest office and hotel project developers in Germany, but is also active in residential and retail real estate. Geographically, the project focus is on the major metropolitan regions in Germany, as well as Austria and Great Britain.
2. BAUWENS GmbH & Co. KG (Cologne)
BAUWENS is a company with a long tradition. The origins of the Cologne-based construction, project development and real estate company date back to 1873. In the beginning there were the founding brothers Peter and Camille Bauwens. BAUWENS is still family-owned – with family connections to the first West German Chancellor Konrad Adenauer. In addition to its headquarters in Cologne, BAUWENS is also represented in the Rhine-Ruhr region, in Berlin, Munich, Hamburg and Frankfurt. The project development business takes place in BAUWENS Development GmbH & Co. KG. The BAUWENS subsidiary develops residential and commercial properties, neighbourhoods, office buildings and hotels. The project development volume under management, including joint ventures, amounted to EUR 7.7 billion as of 30 September 2020.
3. GERCHGROUP AG (Düsseldorf)
Founded only at the end of 2015, GERCHGROUP is still a young project development company that can, however, build on experience. The two founders, Mathias Düsterdick and Christoph Hüttemann, had already been active in the profession for a long time. GERCHGROUP has already exceeded the EUR 5 billion mark in investment volume by the end of 2019. In project developments, the focus is on TOP 7 cities as well as prospering B and C cities in Germany. Preferred projects are residential and commercial properties (offices, hotels and retail), as well as district developments. GERCHGROUP is involved in both lucrative new construction projects and revitalization projects. One future project is the planned Deutz Quartiers in Cologne. A new residential and commercial district will be built on the former Deutz AG company site from 2021 – volume: EUR 1 billion.