CC Real

What CC Real does

CC Real, headquartered in Vienna, Austria, is a privately held full-service real estate investment and asset management firm founded in 2006 to manage and develop retail and mixed-use properties across Europe. The company operates from offices in Vienna, Zagreb, Helsinki, and Melbourne, managing approximately €3.5 billion in assets under management across 550,000m² of space in Austria, Croatia, Finland, Hungary, the UK, and Australia. The platform offers in-house investment, capital, asset, property, facilities, and development management, as well as full leasing and architectural services, regulated through AIFM (Europe) and AFSL (Australia) licenses.

CC Real's business is built around three pillars: (1) third-party asset and investment management for institutional investors, REITs, and family offices, generating management and performance fees, (2) co-investment alongside capital partners using the firm's own balance sheet, generating rental income, asset appreciation, and repositioning returns, and (3) transaction advisory for high-profile acquisitions such as the King's Mall acquisition for Ingka Centres (IKEA Group). Flagship managed properties include City Center one West, East, and Split in Croatia, Wien Mitte - The Mall and Millennium City in Austria, ITIS in Helsinki (joint venture with Morgan Stanley), and Center West Graz. Recent strategic diversification has expanded the platform into Industrial & Logistics, Build-to-Rent residential (Australia), film studios (hq7 Studios, Vienna), and real estate debt (Madigan Capital, Australia, ~AUD$2bn AUM).

CC Real monetizes through negotiated, non-publicly-disclosed asset and investment management fees, co-investment returns, and transaction advisory mandates. The customer base is institutional and concentrated among blue-chip capital partners including Morgan Stanley Real Estate, Hyprop Investments, Ingka Centres (IKEA), Raiffeisen Pension Funds, and InterCapital Real Estate Fund. Leadership combines senior executives who previously ran real estate at Future Fund (Australia's sovereign wealth fund), Schroders Asia Pacific, Nuveen Real Estate, CTP, and ERSTE Group Bank, anchoring institutional deal flow. The firm markets through direct institutional relationships, the company website showcasing retail transformation case studies, and real estate industry events.

Name

CC Real

Legal name

CC Real International GmbH

Website

https://cc-real.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

CC Real is a Vienna-based full-service real estate investment and asset management firm managing approximately €3.5 billion AUM and 550,000m² of shopping centers, office, and mixed-use properties across Europe and Australia for institutional investors, REITs, and family offices.

Ownership category

akta.pro rank

Product category

Real Estate Asset Management

NAICS

Offices of Real Estate Agents and Brokers (5312), Rental and Leasing Services (532), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investors, Nec (6799), Lessors Of Real Property, Nec (6519), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Special Purpose & Alternative Asset Brokerage (BPAJABAH)

akta.pro secondary industries

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB), Real Assets — Real Estate Debt (Whole Loans, Mezzanine, CMBS/CLO) (FSAHAIAB)

Keywords

• Real estate asset management
• Investment management
• Property management
• Commercial real estate
• Real estate development

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Asset and Investment Management Fees: CC Real generates revenue through management fees from managing real estate assets on behalf of institutional investors, property companies, and private families. The company also earns performance fees and investment returns from co-investing alongside partners.
2. Co-investment Returns: CC Real invests its own capital alongside institutional partners, generating returns through asset appreciation, rental income growth, and strategic repositioning of properties.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

CC Real is a full-service real estate investment and asset management firm providing investment, capital, asset, property, facilities, and development management, plus full leasing and architectural services. The company manages shopping centers, mixed-use properties, and specialized real estate (industrial & logistics, build-to-rent, film studios, real estate debt) on behalf of institutional investors, REITs, property companies, government bodies, and private families across Europe and Australia.

Product overview

CC Real is a full-service real estate investment and asset management company operating as a platform with multiple integrated service lines and managed properties. The company offers investment management, asset management, property management, development management, leasing management, capital management, facilities management, and architectural services. Their portfolio includes retail shopping centers (City Center one brand, Wien Mitte, Millennium City, ITIS, Center West, Max City), specialized real estate sectors including film studios (hq7 Studios), real estate debt (Madigan Capital), industrial & logistics, and build-to-rent residential. They manage approximately 550,000 m² of properties across Austria, Croatia, Finland, Hungary, UK, and Australia with €3.5bn AUM, serving institutional investors, REITs, property companies, and government bodies through AIFM (Europe) and AFSL (Australia) licensed governance frameworks.

Differentiator

Problem solved

Functional benefit

Brands

• hq7 studios: Film studio operator based in Vienna, Austria, offering two fully soundproof stages (1,000 m² and 2,000 m²) with LED wall capabilities for virtual production.
• Madigan Capital

Products and services

• Investment Management
• Asset Management
• Property Management
• Development Management
• Leasing Management
• Capital Management
• Facilities Management
• Architectural Services
• hq7 Studios
• Madigan Capital
• Industrial & Logistics (I&L) Platform
• Living Strategy (BTR Platform)

Quantifiable outcome

• 20 years of retail investment transformation experience
• +2 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Two partnerships are on record, tiered minor and strategic.

• CARE AustriaminorStrategic or Co-development Partner · 1 January 2022CC Real is a platinum partner of CARE Austria since 2017, supporting social responsibility and humanitarian initiatives as part of ESG commitments.
• Ingka Centres (IKEA Group)strategicOthers · 1 January 2019CC Real acted as transaction advisor for Ingka Centres on the acquisition of King's Mall Shopping Centre in Hammersmith, London for IKEA's City Centres expansion program.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Multi Corporation: European retail real estate asset manager and developer focused on shopping center repositioning across CEE and Western Europe. Directly comparable to CC Real given overlapping shopping center asset management mandates, CEE operating footprint, and tenant-mix repositioning capability.
• ECE Marketplaces: Germany-based operator/asset manager of large shopping centers across Europe. Closely comparable business model to CC Real's shopping center asset management and leasing services, with similar DACH geographic emphasis and institutional LP relationships.
• Patrizia: European real estate investment manager with a diversified platform across logistics, residential, office, and retail. Direct comparable given the multi-sector European investment management model and similar AUM scale (~€30bn+) versus CC Real's €3.5bn, though Patrizia operates at substantially greater scale.
• Cromwell Property Group: ASX-listed real estate investor and asset manager with pan-European operations, including Italian office and logistics exposure. Comparable to CC Real's investment/asset management model, European–APAC dual platform footprint, and Lorenzo Caroleo's prior affiliation as Country Head Italy.

Regional players

• CA Immobilien (CA Immo): Vienna-headquartered real estate investment company focused on office properties in DACH/CEE. Comparable given Austrian real estate investment heritage and regional DACH/CEE investment focus, though CA Immo is office-centric rather than retail-centric.
• Deka Immobilien: German open-ended real estate fund manager and asset manager operating across Europe with institutional mandates. Comparable DACH-rooted institutional real estate investment management profile and similar reliance on long-term institutional capital.

Broad incumbents

• Nuveen Real Estate: Global real estate investment manager and direct competitor for institutional LP capital. Comparable given Myles White's prior MD role leading retail Europe/APAC at Nuveen, and the overlap in institutional retail investment mandates and pan-European capability.
• Schroders Real Estate: Global asset manager with a substantial real estate investment business. Comparable as a long-standing institutional counterparty and former employer of CC Real's John Chantrell; CC Real advised on the Schroders-to-Ingka disposal of King's Mall.
• CTP N.V. Europe's largest listed owner, developer and manager of industrial & logistics real estate. Directly comparable to CC Real's Industrial & Logistics 'Connected Cities' platform given Patrick Zehetmayr's prior Group CFO role and Alexander Hund's prior MD role at CTP.
• Unibail-Rodamco-Westfield: Global retail REIT and asset manager operating flagship shopping destinations across Europe and the US. Comparable given direct shopping center asset management overlap and Ulrike Friedl's prior Westfield experience within CC Real's senior team.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cc-real

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries5 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 CC Real