- Active throughout Germany with pioneering projects
- Innovative office tower in Frankfurt am Main in planning stage
- Quarter development "Ladehöfe Augsburg" about to receive building permit
- Further acquisitions and personnel reinforcements planned
(Munich, September 21, 2021) Consistently on the road to success – CV Real Estate AG, one of the leading project development and investment companies in Germany, is unwaveringly continuing its strong growth course. The Munich-based company, which celebrates its 10th anniversary this year, was able to seamlessly continue its success of the previous year in Q3 2021. CV Real Estate AG more than tripled its portfolio and development volume compared to 2020, added prominent new acquisitions and purposefully pushed ahead with existing projects. The granting of the building permit for the ultra-modern office space on the site of the "Ladehöfe Augsburg" quarter development, for example, is thus imminent. At the beginning of the year, the Munich-based real estate specialists took over the entire development site from their joint venture partner KanAm Grund Group. CV Real Estate AG is also active in Frankfurt am Main with a sensational project: There, the company acquired a well-known former office property in a prime downtown location – directly in the banking district – and is now planning the realization of an office high-rise for the Frankfurt skyline that will meet the demands of a post-pandemic and modern working world. Christian Vogrincic, founder and CEO of CV Real Estate AG: "We started this year with the clear goal of continuing our course of expansion and success in a sustainable manner and to once again significantly strengthen our position in the market. We are all the more pleased that – also thanks to our landmark projects in Augsburg, Nuremberg and Frankfurt – we have been able to noticeably raise our profile as an innovative project developer active throughout Germany." However, this is far from the end of the planning for 2021. Anatol Obolensky, COO and member of the Management Board of CV Real Estate AG: "In the fourth quarter of 2021, an additional purchase volume of a three-digit million amount is planned. Furthermore, we will create and fill several new positions by the end of the year." These include the Asset Management division, whose role in the company will be further expanded in the future.
CV Real Estate AG will continue its determined course in the coming months and will add further top-class project developments to its portfolio for this purpose. The company is currently negotiating promising options in Berlin, Munich and Frankfurt, among other places, and is also actively looking for further project development opportunities throughout Germany. Anatol Obolensky continues: "We will further expand our project portfolio this year. It is our goal to be one of the top addresses for the complete value-added process in project development and real estate management throughout Germany."
Personnel growth and new cooperations
In order to continue on this growth course, CV Real Estate AG will also strengthen its personnel. For example, the company will be expanding its management board in the near future in order to bundle additional expertise and experience at management level. Another focus is on new collaborations and expanding cooperation with international FinTechs, ConstructionTechs and mobility startups. Christian Vogrincic: "Together with our subsidiary, the research lab CV Innovation Lab, we are creating a network for developing, researching and establishing new solutions in the real estate industry – from digitalization to networking to actual project implementation." To this end, CV Real Estate AG has already invested in Berlin-based PropTech assetbird this year, among others.