FRANK
FRANK is a Hamburg-based, family-owned German real estate company (founded 1925) providing integrated property development, WEG and property management, energy contracting, and facility services across Hamburg, Schleswig-Holstein, and Frankfurt Rhine-Main, managing 21,000+ units.
- Company typePrivate
- Founded1925
- HeadquartersHamburg, Germany
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What FRANK does
FRANK (legal name FRANK Immobilien und Lebensformate GmbH) is a Hamburg-headquartered, family-owned real estate company founded in 1925, celebrating its centennial in 2025. It operates as an integrated real estate services provider across three regions — Hamburg metropolitan area, Schleswig-Holstein (Kiel), and Frankfurt Rhine-Main — with regional offices in Hamburg (Stadtdeich 7), Kiel (Schwedendamm 16), and Frankfurt am Main (Untermainkai 40, relocated from Hofheim in March 2026). The company employs 380+ experts and runs 20+ service lines spanning property development, asset and property management, WEG (homeowner association) administration covering 21,000+ units, facility management, energy contracting, energetic renovation, and an in-house handwerk (crafts) division. Named project references include the €120M BALTIQUE quarter in Travemünde, the 667-unit Dulsberg Laubenganghäuser heritage portfolio, helling Hamburg-Barmbek (149 units), Kai-City Kiel (325 units), ÖkoSiedlung Friedrichsdorf (700+ residents), and the Gustav-Schatz-Hof senior living complex in Kiel.
The company's revenue model combines recurring streams (WEG and property management fees, rental income from its owned portfolio, energy contracting under tenant electricity models such as MeinStrom@FRANK, facility management) with project-based one-time revenue from residential and mixed-use development sales. Proprietary technical differentiators include a 106-meter wastewater heat exchanger (helling), an ice-based thermal storage system combined with heat pumps and PV (ÖkoSiedlung Friedrichsdorf), decentralized combined heat and power (BHKW) units across multiple projects, and rooftop photovoltaic installations feeding tenant electricity tariffs. Key customers and partners span institutional investors (Heimstaden for 810 WEG-managed units), municipalities (Landeshauptstadt Kiel, Hansestadt Lübeck, Mainzer Stadtwerke AG), co-developers (NGEG, LEG Entwicklung, Grossmann & Berger), and care organizations (Diakonie Altholstein, Köster Stiftung, Frankfurter Verband, AWO, Johanniter, DRK).
FRANK is privately held under continued family ownership with no external funding rounds or institutional investors disclosed. In 2025 the company launched a strategic repositioning called 'FRANKformation,' introducing new executive leadership under Geschäftsführer Dr. Ulf Schauenburg and Indra Renzler, plus dedicated division heads (Robin Dümpert for WEG Management, Natascha Hoffmann for Project Development). The company holds a §34c GewO trade permit, achieved §26a WEG certification in December 2023, and has earned urban planning recognition including Städtebaupreis Mainz (2018), Polis-Award (2017), and HafenCity Gold (2024).
FRANK firmographics
Firmographics- Name
- FRANK
- Legal name
- FRANK Immobilien und Lebensformate GmbH
- Website
- https://frank.de
- Company type
- Private
- Founded year
- 1925
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- FRANK is a Hamburg-based, family-owned German real estate company (founded 1925) providing integrated property development, WEG and property management, energy contracting, and facility services across Hamburg, Schleswig-Holstein, and Frankfurt Rhine-Main, managing 21,000+ units.
- Ownership category
- akta.pro rank
FRANK industry classification
Industry- Product category
- Residential Real Estate Development & Management
- NAICS
- Residential Property Managers (531311), New Housing For-Sale Builders (236117), Residential Remodelers (236118), New Single-Family Housing Construction (except For-Sale Builders) (236115)
- SIC
- Operative Builders (1531), Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)
- akta.pro secondary industries
- Residential Green / High-Performance Home Construction (Net-Zero, Passive House) (IMAFABAH), Multifamily Apartment Property Management (BPAJAFAA), Residential Design-Build & Renovation-Integrated Builders (IMAFABAE), Independent Living Real Estate Owners/Operators (REITs & Management Companies) (HLADAAAG)
Keywords
Where FRANK is headquartered
LocationHeadquarters
- HQ city
- Hamburg
- HQ country
- Germany
- HQ region
- Europe
Offices3 records
Markets served
FRANK business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Property Management Fees: Ongoing management fees from WEG (Wohnungseigentümergemeinschaft) management services, including administration, technical management, and bookkeeping for over 21,000 units nationwide
- Property Rental Income: Rental income from company's own property portfolio including apartments in Hamburg, Kiel, Frankfurt and surrounding areas
- Property Development and Sales: Revenue from development and sale of residential properties including ownership apartments and project developments such as BALTIQUE (€120M investment), Kai-City Kiel, and various other projects
- Energy Contracting: Revenue from operating decentralized energy systems including heat supply contracts with residents for heating and electricity delivery from BHKW and renewable sources
- Facility Management Services: Technical property management, handwerk services, and facility management for residential and commercial properties
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
FRANK product offering
Product offeringCore offering
FRANK is a family-owned German real estate services company offering integrated services across the entire property lifecycle—from land acquisition and project development through construction, rental, property and WEG management, energy contracting, facility management, and in-house craft/trades. The company develops residential and mixed-use quarters, manages 21,000+ units nationwide, and operates proprietary decentralized energy systems (wastewater heat exchangers, ice storage, BHKW, PV) to supply heat and electricity to its properties and external clients.
Product overview
FRANK (FRANK Immobilien und Lebensformate GmbH) is a family-owned real estate company founded in 1925, headquartered in Hamburg with offices in Kiel and Frankfurt. The company operates as an integrated real estate services provider offering development, investment, and management services across three main pillars: (1) Development (Projektentwicklung) — land development, new construction projects, energy-efficient renovations, and urban quarter planning; (2) Investment (Investieren) — asset management, property management, WEG administration (21,000+ units managed), facility management, and energy contracting; (3) Operations (Verwalten/Mieten) — residential rentals including senior housing, Longstay apartments, and public subsidized housing. The company also maintains a craft/trades division for renovation and modernization work. Key project brands include helling Hamburg-Barmbek, BALTIQUE Travemünde, Kai-City Kiel Hörn, ÖkoSiedlung Friedrichsdorf, and the historic Dulsberg Laubenganghäuser portfolio. FRANK operates the 'FRANKformation' transformation program positioning the company as a holistic solutions provider with services spanning the entire property lifecycle.
Differentiator
Problem solved
Functional benefit
Products and services
- Asset Management Strategic planning and data-driven optimization of real estate portfolios for institutional and private property owners, including value maximization, return optimization, and long-term performance management.
- Property Management Comprehensive day-to-day property administration covering tenant relations, maintenance coordination, financial reporting, and management for residential and commercial portfolios.
- WEG Management Administration of homeowners' associations (Wohnungseigentümergemeinschaften) including legal compliance, financial management, maintenance planning, and community governance for over 21,000 units nationwide.
- Facility Management On-site property care including janitorial, groundskeeping, gardening, and maintenance teams providing direct resident support across FRANK's managed properties and for external clients.
- Projektentwicklung (Project Development) Development and realization of residential and commercial real estate projects across Germany, from land acquisition and planning through construction to completion and handover, including Bauträger (turnkey developer) services.
- Energieversorgung / Energie-Contracting Decentralized heat and power supply contracting using combined heat and power plants (BHKW), heat pumps, and photovoltaic systems to deliver heating, hot water, and electricity to residential quarters and commercial clients under long-term supply agreements.
- Energetische Sanierung (Energy-Efficient Renovation) Energy-efficient modernization of existing buildings covering the full lifecycle from consultation to completed property, achieving standards such as KfW-55, KfW-70, and KfW-85. Includes façade insulation, window renewal, BHKW and heat pump installation.
- Energetische Quartierskonzepte (Energy Quarter Concepts) Integrated energy planning and renovation management (Sanierungsmanagement) for urban neighborhoods, advising property owners on energy-efficient retrofitting, PV expansion, tenant electricity models, and sustainable heating solutions.
- Technical Property Management Technical administration of properties including maintenance scheduling, repair coordination, technical inspections, and infrastructure management for residential and commercial real estate.
- Vertrieb & Vermietung (Sales & Leasing) Marketing, sales, and leasing services for residential and commercial properties, including new development sales, investor transactions, and rental management across FRANK's portfolio regions.
- Mietwohnungen (Rental Apartments) Rental housing portfolio offering apartments across Hamburg, Kiel, and the Frankfurt Rhine-Main region, including publicly subsidized units, senior-friendly barrier-free apartments, and conventional market-rate rentals.
- Longstay Apartments / Interim Living Fully furnished long-stay rental apartments designed for temporary housing needs of professionals and relocating individuals, featuring modern amenities and flexible lease terms.
- Handwerk (Craft Services) In-house craft and trades services for energy-efficient renovation, apartment modernization, bathroom renovation, and general construction work for FRANK properties and external clients.
- Quartiersentwicklung mit Kommunen (District Development with Municipalities) Urban district development in cooperation with municipalities, providing turnkey solutions from planning through implementation for large-scale residential areas, including affordable housing and energy-efficient quarters.
- Städtebauliche Entwicklung (Urban Planning & Development) Urban planning and development services combining municipal expertise with private-sector background to create sustainable urban neighborhoods and mixed-use quarters.
- Grundstücksentwicklung mit Eigentümern (Land Development with Owners) Land development services in partnership with property owners including site analysis, development planning, permitting, construction, and marketing of residential and mixed-use parcels.
- MeinStrom@FRANK (Tenant Electricity Model) Tenant electricity (Mieterstrom) product offering locally produced solar power from rooftop PV systems to residents at reduced rates, combined with block heating and photovoltaic systems for on-site renewable energy supply.
Quantifiable outcome
- CO2 savings of 45 tons annually in helling quarter (equivalent to 150 vehicles)
- +4 more outcomes
Companies that use FRANK
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
FRANK technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
FRANK partnerships and signals
Strategic signalPartnerships
21 partnerships are on record, tiered core and minor.
- HeimstadencoreScandinavian property holder commissioning FRANK for WEG management of 810 units across 20 owner communities in Berlin and Hamburg
- NGEG (Norddeutsche Grundstücksentwicklungsgesellschaft)coreProject partner for BALTIQUE (€120M investment, 251 units) and Kai-City developments in Travemünde and Kiel
- Landeshauptstadt KielcoreClient for integrated energy concept and sanierungsmanagement for Projensdorf quarter
- LEG Entwicklung GmbHcoreDevelopment partner for Wentorf Lange Asper project, co-developing approximately 300 residential units on former agricultural land
- Lauenburgische Sparkassen-Immobilien GmbHcoreDevelopment partner (Wentorfer Sachsenwald GmbH & Co. KG) for Wentorf quarter development
- Diakonie AltholsteincoreCare services partner for Gustav-Schatz-Hof senior living community in Kiel-Gaarden, providing intergenerational care and support with staff speaking multiple languages for diverse residents from 12 countries
- Köster StiftungcorePartnership with Barmbeker Köster Stiftung in helling quarter to enable seniors to live in the new residential community
- Frankfurter VerbandminorCare partner for senior living in Frankfurt-Gallus, providing support services for residents in the multigenerational quarter
- Die JohanniterminorCare services provider for senior living communities, focusing on maintaining independence and self-determined living
- AWOminorWelfare organization operating kindergartens and senior living facilities, partner for multigenerational living concepts
- Deutsches Rotes Kreuz (DRK)minorCare services for senior living in Kiel-Schilksee, providing on-site support and community activities
- Grossmann & BergercoreReal estate agent responsible for sales and marketing of BALTIQUE ownership and vacation apartments in Travemünde
- GWU EckernfördeminorProject partner in Kai-City Kiel development, part of 10-company project consortium
- Wankendorfer BaugenossenschaftminorProject partner in Kai-City Kiel development for affordable housing creation
- Hansestadt LübeckcoreMunicipal partner for Baggersand quarter development in Travemünde, including master planning and regulatory coordination
- Lübeck Port Authority (LPA)minorPort authority partner for Baggersand development coordination in Travemünde
- Freie IngenieureminorEngineering partner for Projensdorf energy concept development
- IPP ESNminorPartner for sanierungsmanagement in Projensdorf energy quarter
- Mainzer Stadtwerke AGcoreLand seller and development partner for Heiligkreuz-Viertel project in Mainz with 143 rental units
- Alsterdorfer AssistenzminorPartner for renting 17 apartments to people with disabilities in Baakenhafen HafenCity project
- Conplan ProjektentwicklungminorProject developer for Baugruppe Ankerplatz coordination in Baakenhafen development
Scale indicators9 records
Recent moves7 records
Expansion highlights3 records
FRANK competitors and assessment
Company assessmentDirect peers
- Vonovia SE: Germany's largest residential property company, managing ~540,000 apartments. Directly comparable as a multifamily residential operator with property management, asset management, and energy services, though at vastly larger scale and with listed-company capital structure.
- LEG Immobilien SE: Listed German residential real estate company focused on North Rhine-Westphalia with ~166,000 units. Comparable in WEG/property management and energy-efficiency retrofit programs, though more regionally concentrated in NRW rather than northern Germany.
- Deutsche Wohnen SE: Major German residential property manager/developer (part of Vonovia group) with significant Berlin and Hamburg portfolios. Closely matches FRANK's WEG management and multifamily housing focus, including the Berlin and Hamburg overlap with FRANK's Heimstaden-managed communities.
- TAG Immobilien AG: Listed German residential real estate company with ~87,000 units concentrated in northern and eastern Germany. Comparable as a multifamily owner/manager in similar northern German markets, including portfolio-acquisition-driven growth similar to FRANK's Heimstaden win.
- Gundlach GmbH & Co. KG Wohnungs- und Siedlungsunternehmen: Family-owned northern German residential developer and housing company (Bielefeld-based) with multifamily development, property management, and energy services. Closely matches FRANK's profile: integrated service stack, regional concentration, and family-controlled ownership.
- Diringer & Scheidel Unternehmensgruppe: Mannheim-based family-owned real estate developer with integrated project development, residential construction, and management operations. Comparable on German regional, family-controlled, integrated developer profile, though focused more on Rhein-Neckar than northern Germany.
Regional players
- SAGA Siedlungs-Aktiengesellschaft Hamburg: Hamburg's municipal housing company managing ~140,000 apartments. Directly comparable on multifamily management, sustainability retrofits, and senior housing offerings in FRANK's home market, though structured as a public enterprise rather than private operator.
- Nassauische Heimstätte Wohnungs- und Entwicklungsgesellschaft mbH: Hesse-based state housing company (~60,000 units) operating in the Frankfurt Rhine-Main region where FRANK has a regional HQ. Comparable as a municipal/regional integrated developer and manager in the same Rhein-Main market.
- Wankendorfer Baugenossenschaft eG: Schleswig-Holstein housing cooperative (~13,000 units) and Kai-City Kiel project consortium partner. Comparable on northern German multifamily rental and cooperative-style management in FRANK's home Schleswig-Holstein market.
Broad incumbents
- Adler Group S.A. German-focused residential real estate company with ~70,000 units, historically active in Berlin and other major markets. Comparable on WEG and multifamily management, though currently in a financial restructuring that distinguishes it operationally from FRANK.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
FRANK social profiles
Digital presenceFRANK financial estimates
Financial estimateRevenue estimate
Valuation estimate
FRANK leadership team
Management profileNumber of profiles
Profiles4 records
FRANK funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FRANK M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FRANK
What does FRANK do?
FRANK is a family-owned German real estate services company offering integrated services across the entire property lifecycle—from land acquisition and project development through construction, rental, property and WEG management, energy contracting, facility management, and in-house craft/trades. The company develops residential and mixed-use quarters, manages 21,000+ units nationwide, and operates proprietary decentralized energy systems (wastewater heat exchangers, ice storage, BHKW, PV) to supply heat and electricity to its properties and external clients.
Is FRANK a public or private company?
FRANK is a private company. It is classified as family owned and is currently operating.
When was FRANK founded?
FRANK was founded in 1925. It employs 251 to 500 people.
Where is FRANK based?
FRANK is headquartered in Hamburg, Germany, in the Europe region.
How does FRANK make money?
Five revenue lines are on record. Property Management Fees are the primary driver. The others are property Rental Income, property Development and Sales, energy Contracting and facility Management Services.
Who are FRANK's main competitors?
Direct peers on record are Vonovia SE, LEG Immobilien SE, Deutsche Wohnen SE, TAG Immobilien AG, Gundlach GmbH & Co. KG Wohnungs- und Siedlungsunternehmen and Diringer & Scheidel Unternehmensgruppe. Regional players are SAGA Siedlungs-Aktiengesellschaft Hamburg, Nassauische Heimstätte Wohnungs- und Entwicklungsgesellschaft mbH and Wankendorfer Baugenossenschaft eG. Adler Group S.A. is listed as a broad incumbent.
Does FRANK have an API?
No public API is recorded for FRANK.
What industry is FRANK in?
FRANK's product category is Residential Real Estate Development & Management. Its primary akta.pro industry code is IMAFABAB, Multi-Family Residential Construction (Apartments, Condos, Townhomes), with a secondary code of IMAFABAH, Residential Green / High-Performance Home Construction (Net-Zero, Passive House). Its NAICS code is 531311 and its SIC code is 1531.