Peach Property Group

What Peach Property Group does

Peach Property Group AG is a Zürich-headquartered, SIX Swiss Exchange-listed residential real estate investor (ticker PEAN, listed since 2010) that acquires, actively manages, and selectively disposes of high-yield residential portfolios concentrated in German B-cities, primarily in Nordrhein-Westfalen. As of December 31, 2025, the company reported a portfolio of approximately 15,000+ units (reduced from ~27,500 following divestitures), EUR 2,088 million in total assets, EUR 915 million in equity, and an LTV of 49.2%, with a 43.8% equity ratio. Rental income of EUR 105.2 million in FY2025 was generated at an average in-place rent of EUR 6.40 per square meter, approximately 15% below the German market average.

The company's operating model combines a multi-channel tenant service platform with institutional asset management. Twelve physical Peach Points tenant shops, a Zendesk-based digital ticketing system, a tenant mobile app, and smart meter infrastructure installed in roughly 50% of eligible apartments underpin a 6.5% vacancy rate, 91.2% one-touch resolution rate, and 9.90-year average rental period. On the capital side, the company has undergone a balance sheet transformation in 2024-2025 anchored by EUR 410 million in long-term financing from Castlelake (August 2025), a CHF 50 million capital increase (June 2025), and a CHF 63 million mandatory convertible (December 2024), with Ares Management serving as anchor shareholder since 2020.

Revenue is generated through two streams: recurring residential rental income from German B-city portfolios and episodic gains from selective portfolio sales to institutional investors, including the EUR 120 million sale of ~5,200 units in November 2024 and the EUR 40 million+ sale of ~2,000 units announced in December 2025. The company is led by CEO Gerald Klinck (appointed April 2024) and Chairman Michael Zahn, with operational management recently refreshed by the February 2025 appointment of COO Stefanie Koch, and maintains EPRA Gold Awards for both financial and sustainability reporting alongside a CDP B rating.

Name

Peach Property Group

Legal name

Peach Property Group AG

Website

https://peachproperty.com

Company type

Public

Founded year

2010

Headcount range

11–50 employees

Short description

Peach Property Group AG is a Zürich-headquartered, SIX Swiss Exchange-listed residential real estate investor that acquires and manages approximately 15,000+ apartments in German B-cities, primarily in Nordrhein-Westfalen, serving individual tenants with multi-channel service and institutional investors through selective portfolio transactions.

Ownership category

akta.pro rank

Product category

Residential Real Estate / Rental Property Management

NAICS

Residential Property Managers (531311), Lessors of Real Estate (5311)

SIC

Real Estate Operators (No Developers) & Lessors (6510), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Single-Family Rental (SFR) Property Management (BPAJAFAB)

akta.pro secondary industries

Residential Maintenance & Turnover Services (Make-Ready, Inspections) (BPAJAFAM), Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

Keywords

• Residential real estate
• Rental property management
• Real estate investment
• Tenant services
• Affordable housing

Headquarters

HQ city

Zürich

HQ country

Switzerland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Primary revenue stream from residential rental properties across German B-cities. Rental income of EUR 105.2m (2025), EUR 124.5m (2024), EUR 120.8m (2023). Average in-place rent of EUR 6.40 per square meter as of December 31, 2024, approximately 15% below average market rent.
2. Property Sales: Selective sales of non-strategic portfolio assets to institutional investors. Recent transactions include sale of approximately 2,000 units (EUR 40m+ net cash inflow, December 2025) and 5,200 units (EUR 120m net cash inflow, November 2024).

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Peach Property Group acquires, manages, and selectively sells residential rental properties concentrated in German B-cities (primarily North Rhine-Westphalia). The company owns a portfolio of approximately 15,000+ residential apartments, leasing them at average rents approximately 15% below market. Tenant services are delivered through a multi-channel model combining 12 physical Peach Points shops, a Zendesk-based digital ticketing platform, and a tenant mobile app.

Product overview

Peach Property Group is a residential real estate investor specializing in high-yield existing properties in German B-cities within metropolitan catchment areas. The company operates across the entire real estate value chain from site evaluation and acquisition through active asset management to leasing and sale. The core product offering centers on tenant management through a multi-channel service model combining 12 physical Peach Points retail locations across Germany with a digital Zendesk ticketing system and tenant mobile app for service requests, feedback collection, and ongoing tenant communication. The portfolio consists of residential apartments, primarily located in North Rhine-Westphalia, positioned as affordable housing approximately 15 percent below average market rent.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Rental Apartments
• Peach Points Tenant Service Network
• Tenant Digital Service Platform (Zendesk)
• Tenant Mobile Application
• Residential Portfolio Sales to Institutional Investors

Quantifiable outcome

• Average in-place rent EUR 6.40/sqm, approximately 15% below average market rent
• +5 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered supporting.

• Integrity GmbHsupportingImplementation/ SI/ Consulting PartnerExternal whistleblowing system provider. Handles whistleblower reports through 24/7 hotline in 10 languages and online web portal. External ombuds office for compliance matters.
• Service Partners (Facility Management)supportingOthersApproximately 10 key business partners for facility management, security checks, and waste management. One key partner carries out minor maintenance up to defined cost limit in almost all properties. All partners integrated into tenant service platform.
• Refurbishment and Capex PartnerssupportingOthersApproximately 20 long-standing preferred partners for refurbishments and capex measures in properties, commissioned on project-by-project basis. All partners are German-based companies.
• Energy SupplierssupportingOthersApproximately 5 energy suppliers and related service providers supporting property operations.
• Rosenberg Strategic Communications GmbH & Co. KGsupportingGTM or Marketing PartnerPR and media partner for German market. Contact: Jorg Keller (Mobile: +49 151 6152 7741). Handles media inquiries and press communications for Germany.
• Computershare Schweiz AGsupportingOthersShare registrar for Peach Property Group AG. Handles share registration, name and address changes. Located in Olten, Switzerland.
• CBRE AGsupportingOthersProperty valuation firm providing market values for portfolio. Valuation as of December 31, 2025 used for portfolio disclosures.

Scale indicators16 records

Recent moves14 records

Expansion highlights6 records

Regional players

• Heimstaden AB: European residential real estate company headquartered in Sweden with properties across Northern Europe. Comparable in residential rental business model and ESG focus, though primarily operating in Nordics, Germany, Czech Republic rather than Germany-only focus.
• Akelius Residential Property AB: European residential real estate company with properties primarily in Germany, Sweden, Denmark, and Canada. Direct overlap in German residential market though more geographically diversified across multiple European countries.

Direct peers

• Deutsche Wohnen SE: Major German residential real estate company with ~155,000 units concentrated in German metropolitan areas. Directly comparable business model focused on residential rentals, portfolio management, and tenant services in urban/suburban German markets.
• LEG Immobilien SE: German residential real estate company focused on North Rhine-Westphalia with ~166,000 apartments. Highly comparable geographic focus (both NRW-centric), similar mid-market rental positioning, and similar regulatory exposure to Mietpreisbremse.
• Grand City Properties S.A. German-focused residential real estate company with ~70,000 units, primarily in NRW and other German metropolitan areas. Similar value-add strategy targeting B-cities, comparable tenant demographic and regulatory exposure to Peach Property Group.
• TAG Immobilien AG: German residential real estate company focused on B-cities and secondary locations with ~88,000 apartments. Highly comparable strategy of focusing on smaller German cities and commuter belts with affordable rental positioning, similar to Peach's B-city focus.
• Adler Group SA: German residential real estate company with ~83,000 apartments concentrated in Eastern Germany. Direct comparable in scale and business model. Peach's CEO Gerald Klinck and former CFO Thorsten Arsan previously worked at Adler Group, indicating close operational familiarity.

Broad incumbents

• Vonovia SE: Germany's largest residential real estate company with ~500,000+ units across the country. Direct comparable in business model (residential rental, property management, ESG focus). Peach's CEO Gerald Klinck and former CFO Thorsten Arsan previously worked at Vonovia, indicating strong operational comparability.
• Aroundtown SA: European real estate company with significant German office and hotel exposure plus residential holdings. Broader incumbent with German market presence, provides overlap in residential German real estate investment thesis though not pure-play.

Emerging players

• Brack Capital Properties NV: Smaller German-focused residential real estate company with operations in NRW. Emerging player with comparable geographic concentration in German mid-market residential segment, similar scale to Peach after recent portfolio reduction.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/peachproperty

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 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 Peach Property Group