Kondor Wessels Holding

What Kondor Wessels Holding does

Kondor Wessels Holding GmbH is a Berlin-based, German private real-estate developer and general contractor operating as a wholly-owned subsidiary of the Dutch VolkerWessels group. The company executes the full development lifecycle — from land acquisition, planning, and permitting through financing coordination, construction, and handover — for residential, commercial, hotel, logistics, and senior-living real estate across Germany. It is organized through regional operating subsidiaries covering Berlin (Wohnen Berlin, Bouw Berlin), North Rhine-Westphalia (NRW), and Central Germany (Mitteldeutschland), supported by specialized units for roofing (Dach), investment (Invest), planning and quality management, logistics real estate, and shared services (Competence Center).

The firm's revenue model is project-based and multi-stream. Income is generated through (i) forward-purchase deliveries to municipal housing companies (e.g., WBM, HOWOGE, STADT UND LAND, GESOBAU), (ii) sale of ownership apartments (Eigentumswohnungen) to private buyers through project-specific websites, on-site sales offices, and open-house events, (iii) institutional investor mandates (Nrep/Urban Partners NEST project), (iv) corporate commissioned builds (alltours headquarters), and (v) commercial asset development including office, hotel, and logistics assets. Pricing is not standardized; project economics vary by location, specifications, and regulatory requirements.

Technically, the firm emphasizes sustainable construction methods, having built Germany's first Cradle-to-Cradle office building (PULSE Berlin, DGNB Gold) and routinely targeting KfW 40, BREEAM Very Good, and QNG certifications across its portfolio, supported by geothermal-borehole ground-source heat pump systems and photovoltaic arrays. Notable active and recent projects include the ~1,700-unit Konnekt quarter in Berlin-Marzahn (HOWOGE/Laborgh JV, lead architect David Chipperfield), the 529-unit Paule Panke quarter in Berlin-Pankow with fossil-free geothermal energy, the 428-unit Grüne Freiheit in Berlin-Staaken (WBM), the 167-unit GREEEN Solingen NRW project, plus commercial assets PULSE Berlin, the alltours headquarters in Düsseldorf, and The Niu hotel in Potsdam.

Name

Kondor Wessels Holding

Legal name

Kondor Wessels Holding GmbH

Website

https://kondorwessels.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

Kondor Wessels Holding is a Berlin-based, VolkerWessels-owned German real-estate developer executing full-lifecycle residential, commercial, hotel, and logistics projects. It primarily serves municipal housing companies, housing cooperatives, institutional investors, and corporate tenants across multiple German regions.

Ownership category

akta.pro rank

Product category

Residential and Commercial Real Estate Development

NAICS

Nonresidential Building Construction (2362), Foundation, Structure, and Building Exterior Contractors (2381)

SIC

Operative Builders (1531), General Bldg Contractors - Residential Bldgs (1520), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industries

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE), Modular/Offsite General Contracting & Installation (IMAFAAAK)

Keywords

• Real estate development
• Residential construction
• Mixed-use quarter development
• Sustainable building development
• Commercial property development

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Real Estate Development & Construction: Kondor Wessels develops, plans, and constructs residential and commercial real estate projects as general contractor (Generalunternehmer), general developer (Generalübernehmer), or through joint ventures. Revenue is generated through project fees, construction margins, and property sales or long-term leasing. The company operates across Germany with multiple subsidiaries covering different regions and service lines.
2. Property Sales (Eigentumswohnungen): Sale of ownership apartments (Eigentumswohnungen) to end buyers, as seen in projects such as GREEEN Solingen (99 units), ACHTERDECK Berlin (187 units), and others. Revenue recognized upon handover to buyers.
3. Rental Residential Development: Development and delivery of rental apartments for municipal housing companies (e.g., WBM, HOWOGE, STADT UND LAND, GESOBAU), housing cooperatives, and institutional investors. Projects delivered under forward purchase agreements or asset deals.
4. Commercial Real Estate Development: Development of commercial properties including office buildings (PULSE Berlin), hotels (The Niu Potsdam), logistics facilities, and mixed-use complexes for third-party investors and commercial tenants.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Kondor Wessels Holding is a German full-service real estate project developer covering the entire development value chain — from land acquisition, concept planning, and permitting through financing coordination, construction management, and turnkey handover — for residential (ownership, rental, and socially subsidized), commercial (office, hotel, retail), logistics, and senior-living properties across Germany. The company operates through multiple wholly-owned regional subsidiaries (Wohnen Berlin, Bouw Berlin, NRW, Mitteldeutschland, Logistik, Dach, Planung & QM, Invest, Competence Center) and delivers projects as general contractor (Generalunternehmer), general developer (Generalübernehmer), or via joint ventures, with a focus on sustainability certifications such as KfW 40, BREEAM Very Good, DGNB Gold, QNG, and regenerative/cradle-to-cradle construction.

Product overview

Kondor Wessels Holding is a German real estate development and construction group operating a multi-subsidiary, multi-region structure. The group consists of multiple operating companies — Kondor Wessels Wohnen Berlin (residential development), Kondor Wessels Bouw Berlin (general contractor), Kondor Wessels NRW (regional construction in North Rhine-Westphalia), Kondor Wessels Mitteldeutschland (Central Germany development), Kondor Wessels Logistik (logistics real estate), Kondor Wessels Invest, Kondor Wessels Dach, Kondor Wessels Competence Center, and Kondor Wessels Planung und Qualitätsmanagement — coordinated under a single holding entity. The group's core offering spans the entire project lifecycle from land acquisition and concept development through to turnkey construction delivery, serving both residential (ownership, rental, subsidized/social housing) and commercial segments (offices, hotels, logistics, senior living). Key named products include major residential quarters such as Paule Panke (529 units, Berlin-Pankow), Konnekt (~1,700 units, Berlin-Marzahn), and Grüne Freiheit (428 units, Berlin-Staaken); commercial buildings such as PULSE Berlin (DGNB Gold, Cradle-to-Cradle office); and specialized properties including The Niu hotel (Potsdam), alltours headquarters (Düsseldorf), senior living complexes, and light-industrial parks. The group has delivered landmark sustainable projects including the first Cradle-to-Cradle office building in Berlin (PULSE, DGNB Gold) and operates a proprietary internal training platform (Kondor Wessels Akademie). Sustainability is embedded across the portfolio, with multiple projects targeting KfW 40, BREEAM Very Good, QNG, and geothermal/PV energy standards.

Differentiator

Problem solved

Functional benefit

Brands

• VivaCity: Generation quarter concept - mixed-use quarter concept focusing on intergenerational living
• NEST

Products and services

• Residential Real Estate Development (Wohnen) Design, development, and construction of individual residential buildings and apartment projects (rental, ownership, socially subsidized) for municipal housing companies, private investors, cooperatives, and direct end-buyers. Includes Bauteam (collaborative construction) model and Bauen für kommunale Partner service. Delivered via regional subsidiaries including Kondor Wessels Wohnen Berlin, Kondor Wessels Bouw Berlin, and Kondor Wessels Mitteldeutschland.
• Mixed-use Urban Quarter Development (Quartiere / VivaCity) End-to-end development of large mixed-use urban quarters combining residential, commercial, social infrastructure (Kitas, youth facilities, supermarkets), green and public spaces, with a focus on integrated intergenerational and sustainable communities. Notable examples include Konnekt Berlin-Marzahn (~1,700 apartments, 11-hectare former Knorr-Bremse industrial site) and Grüne Freiheit Berlin-Staaken (428 apartments across 12 buildings in 3 phases). Includes the VivaCity Generationsquartier sub-brand for intergenerational living concepts.
• Commercial Real Estate Development (Gewerbe) Development and construction of office buildings and commercial real estate for corporate occupiers and institutional investors, frequently with sustainability certifications (DGNB Gold, BREEAM Very Good) and modern energy concepts. Includes flagship commercial project PULSE Berlin (Germany's first Cradle-to-Cradle office, DGNB Gold), the alltours corporate headquarters in Düsseldorf (8-story, 13,500 m²), and senior living facilities such as Seniorenwohnquartier Pankow-Heinersdorf.
• Logistics Real Estate Development (Logistik) Development of bespoke logistics properties and commercial trading spaces for logistics operators, retailers, and commercial tenants, delivered via the dedicated Kondor Wessels Logistik subsidiary. Examples include the Light-Industrial Gewerbepark Falkensee (~13,000 m² site, ~5,100 m² usable space) for completion and leasing by end of 2026.
• PULSE Berlin (commercial office building) A 7-floor, ~12,000 m² commercial office building in Berlin-Kreuzberg conceived following Cradle-to-Cradle principles, setting new benchmarks in ecological construction and workplace quality, and awarded DGNB Gold certification.
• ACHTERDECK Berlin-Köpenick (ownership residential project) Ownership-apartment residential project of 187 units across 8 buildings with riverbank frontage, commercial spaces, and underground parking in Berlin-Köpenick, marketed directly to end buyers as a completed development.
• GREEEN Solingen (ownership + rental residential project) Residential quarter in Solingen-Wald combining 99 ownership apartments with 68 rental apartments and a kindergarten, featuring a combined geothermal + PV energy concept that achieves 55% of conventional new-building energy consumption. Marketed directly to end buyers for ownership units.

Quantifiable outcome

• PULSE Berlin — Germany's first Cradle-to-Cradle office building, awarded DGNB Gold certification.
• +3 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

14 partnerships are on record, tiered core, major and minor.

• WBM Wohnungsbaugesellschaft Berlin-Mitte mbHcoreStrategic or Co-development PartnerLong-standing strategic partner for residential development in Berlin-Spankau. Kondor Wessels develops and delivers residential units under forward purchase agreements. Key project: Grüne Freiheit (428 apartments across 3 phases). WBM is a municipal housing company owned by Berlin.
• HOWOGE Wohnungsbaugesellschaft mbHcoreStrategic or Co-development PartnerStrategic partner and key client for the Konnekt project in Berlin-Marzahn — one of the largest urban development projects in Berlin. HOWOGE is Berlin's largest municipal housing company. Minimum 50% of apartments will be socially subsidized.
• STADT UND LAND Wohnbauten-Gesellschaft mbHcoreStrategic or Co-development PartnerRepeat client across multiple Berlin residential projects including Staytion/Paule Panke (544 units, 361 purchased), Rabensteiner Straße (137 units), and others. STADT UND LAND is a Berlin municipal housing company.
• DW Property B.V.coreStrategic or Co-development PartnerJoint development partner for multiple Berlin residential projects including CÖ in Köpenick (120 apartments, 5 buildings). DW Property is a Dutch real estate developer and part of the broader VolkerWessels network.
• Laborgh Investment GmbHcoreStrategic or Co-development PartnerJoint development partner for the Konnekt project (Berlin-Marzahn) alongside HOWOGE. Also partnered on the EWS project in Ludwigsfelde (47 units) with STADT UND LAND.
• Nrep / Urban PartnersmajorStrategic or Co-development PartnerNordeuropean real estate investor (Urban Partners platform) commissioned Kondor Wessels as general developer for the NEST project in Berlin-Weißensee — 147 rental apartments with BREEAM Very Good certification target.
• TREUCON Real Estate GmbHmajorStrategic or Co-development PartnerProject developer partner commissioning Wilhelmsruher Damm project (176 units, 17-story tower) on behalf of GESOBAU. Long-term partnership with Kondor Wessels Bouw Berlin for residential development in Berlin.
• alltours flugreisen GmbHmajorStrategic or Co-development PartnerCommissioned Kondor Wessels NRW to develop and construct the alltours headquarters at Mannesmannufer, Düsseldorf — an 8-story, 13,500 m² office building with 600+ capacity, designed by HPP Architekten.
• David Chipperfield ArchitectsminorImplementation/ SI/ Consulting PartnerLead architect for the Konnekt project in Berlin-Marzahn, working with various other architectural firms on the detailed design of this large-scale urban quarter development.
• PCH Technischer Handel GmbHminorOthersSupplier partner for work safety clothing (personal protective equipment) for construction site teams. New partnership announced in 2025 to ensure comprehensive and proper safety equipment for all employees on construction sites.
• GASAG Solution PluscoreTechnology or IntegrationEnergy solutions partner developing the geothermal heating system for the Staytion/Paule Panke project. Jointly designed the fossil-free energy concept featuring 100+ geothermal probes, heat pumps, and photovoltaic installations. Also partnered on the renewable energy concept for the project.
• VolkerWesselscoreOthersKondor Wessels is a member of the VolkerWessels Group, one of the largest construction and real estate groups in the Netherlands. The group provides international backing, best practice sharing, and joint presence at events such as EXPO REAL.
• bdp real estate GmbHminorImplementation/ SI/ Consulting PartnerClient representative (Bauherrenvertretung) for the NEST project in Berlin-Weißensee, commissioned by Nrep/Urban Partners.
• NÖFER ARCHITEKTENminorImplementation/ SI/ Consulting PartnerObject planning (architectural design) partner for the NEST project in Berlin-Weißensee.

Scale indicators5 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Instone Real Estate Group SE: German listed residential developer focused on metropolitan housing and quarter development with strong municipal and institutional client base. Directly comparable to Kondor Wessels in project mix (urban quarters, social housing), German footprint, and forward-purchase economics with municipal buyers.
• Bonava AB: German-active residential developer with end-to-end capabilities from land acquisition through construction, focusing on urban quarter projects and multi-family housing. Comparable to Kondor Wessels Wohnen Berlin in product type, German metropolitan focus, and multi-unit residential project delivery.
• Ten Brinke Group: Dutch-headquartered residential and commercial developer with significant German operations, including mixed-use quarter projects. Comparable mid-sized developer+builder model focused on German metropolitan markets and partnership-driven municipal projects similar to Kondor Wessels.
• BPD (Bouwfonds Property Development): Dutch residential area developer with growing German footprint, backed by Rabobank. Comparable end-to-end model covering land acquisition, planning, construction, and handover for residential quarters targeting German municipal and institutional buyers.
• DSK Deutsche Stadt- und Grundstücksentwicklungsgesellschaft mbH: German urban real estate developer with strong municipal housing partner focus. Closely comparable to Kondor Wessels' residential development model targeting German housing corporations and public sector clients.
• ABG Real Estate Group: German project developer for residential and commercial real estate in metropolitan areas, with strong focus on Berlin, Frankfurt, and Rhine-Ruhr markets. Comparable to Kondor Wessels in product mix (urban quarters, mixed-use), German metropolitan focus, and institutional buyer relationships.

Broad incumbents

• Hochtief AG: One of Germany's largest construction groups, encompassing general contracting, public infrastructure, and real estate development. Comparable as a general contractor / developer serving German municipal and commercial clients with similar end-to-end delivery model, though operating at much larger scale and with broader infrastructure exposure.
• STRABAG AG (Ed. Züblin AG): Major German and European contractor providing general contractor, design-build, and real estate development services. Züblin is a direct German residential and commercial build competitor to Kondor Wessels Bouw Berlin, with comparable integration of construction and development.
• ECE Group GmbH & Co. KG: Major German developer of commercial real estate including shopping centers, offices, logistics, and mixed-use properties. Comparable for the PULSE Berlin and alltours HQ commercial development aspects of Kondor Wessels, with similar focus on sustainability certifications.
• PORR AG: Austrian-headquartered construction group with significant German operations covering building construction, infrastructure, and real estate development. Comparable for the general contracting and commercial building components of Kondor Wessels' portfolio, particularly for office and hotel projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/kondor-wessels/mycompany/?viewAsMember=true

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kondor Wessels Holding