Soravia

What Soravia does

SORAVIA is a Vienna-headquartered, family-owned real estate conglomerate operating a 360-degree model across the full DACH property lifecycle: project development (residential, commercial, hospitality, mixed-use), investment and asset management (via SoReal INVEST, IFA AG, ONE GROUP and project participation models), hospitality (wholly-owned and equity stakes in Amedia, LOISIUM, Aethos, plus minority stakes in co-founder Ruby Hotels and NUMA Group), and property/facility management (via the ADOMO subsidiary ecosystem including HERWA Multiclean, DUO Holding, LEHNER Gruppe, Kickinger, SIPEKO, and Universal). The group has realized over €7.6 billion in project volume across 630 projects, built approximately 14,300 apartments, holds 9% market share of all new Vienna apartments through 2024, and employs about 4,205 people across subsidiaries and participations in Austria, Germany, and Slovakia.

Name

Soravia

Legal name

Soravia Equity GmbH

Website

https://soravia.at

Company type

Private

Founded year

1880

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

SORAVIA is a Vienna-based, family-owned real estate conglomerate covering residential, commercial, and hospitality project development plus investment, asset, hospitality, and facility management across Austria and Germany.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Portfolio Management and Investment Advice (52394), Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Real Estate Transaction Advisory & Due Diligence (FSAEAJAJ)

akta.pro secondary industries

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE), Owner Services, Reporting & Portfolio Administration (THAMAKAI), Real Estate Due Diligence & Underwriting Advisory (Financial/Operational) (BPAJANAG)

Keywords

• Real estate development
• Property investment management
• Hospitality operations
• Facility management services
• Asset management advisory

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Project Development: SORAVIA develops residential, commercial, and hospitality properties for sale or long-term holding. Revenue is generated through property sales (forward purchases, condo sales), with project volumes exceeding €7.6 billion realized and €4.9 billion currently in development.
2. Investment & Asset Management: SORAVIA and its subsidiaries manage real estate assets on behalf of investors and the company itself. This includes investment products for private and institutional investors through entities like SoReal INVEST, IFA AG, and IMMOcontract.
3. Hospitality Operations: Through ownership stakes in Ruby Hotels, NUMA Group, LOISIUM Wine & Spa Hotels, and Amedia Hotels, SORAVIA participates in hotel revenues including management fees, lease income, and equity returns from hospitality investments.
4. Property & Facility Management: Through ADOMO and its portfolio of facility management subsidiaries (HERWA Multiclean, Kickinger, DUO, LEHNER, Universal, SIPEKO, etc.), SORAVIA generates recurring revenue from property management, cleaning, security, and building services across Austria and Germany.
5. Brokerage & Intermediation: Through IMMOcontract (formerly IVV) and IMMOcontract, SORAVIA earns brokerage commissions on property sales and rentals. IVV was ranked #1 among Austrian residential brokers, and IMMOcontract achieved #1 in the Austrian broker ranking.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

SORAVIA operates as a 360-degree real estate conglomerate covering the full property lifecycle across Austria and Germany. Core offerings include residential, commercial, hospitality and mixed-use project development; investment and asset management through project participation models for private and institutional investors; hospitality operations across owned and co-developed hotel brands (Ruby Hotels, NUMA, LOISIUM, Amedia, Aethos); and property and facility management through its ADOMO subsidiary network.

Product overview

SORAVIA is a 360-degree real estate conglomerate operating across Austria and Germany with over 140 years of history and more than 7.6 billion EUR in realized project volume. The company offers a comprehensive real estate lifecycle platform comprising four core service pillars: (1) Project Development (residential, commercial, hospitality, and mixed-use properties), (2) Investment & Asset Management (project participation models for private and institutional investors), (3) Hospitality Services (hotel development and management across owned brands), and (4) Property & Facility Management (via ADOMO subsidiary). The portfolio includes five major equity participations—NUMA Group (digital hospitality platform), Ruby Hotels (urban premium hotels), IFA AG (investment advisory), Planquadr.at (project development), and ADOMO (facility management)—alongside proprietary brands such as Amedia Hotels, LOISIUM Wine & Spa Hotels, and the senior co-living product so.me homes. SoReal INVEST and IMMOcontract serve as investment and brokerage subsidiaries, respectively. Current notable projects include TrIIIple and DANUBEFLATS residential towers in Vienna, ROBIN Seestadt and BE.YOND OFFICE Berlin sustainable office developments, PARKSTADT Mülheim education quarter, and Fabrik1230 district center. The company employs approximately 4,205 people across all subsidiaries and has realized 630 projects totaling 2.5 million square meters.

Differentiator

Problem solved

Functional benefit

Brands

• Ruby Hotels: Urban premium lifestyle hotel brand founded 2013, operated in Austria, Germany and internationally. Soravia holds a minority stake. Ruby entered a strategic partnership with IHG in 2025.
• NUMA Group
• LOISIUM Wine & Spa Hotels
• ROBIN Seestadt
• BE.YOND OFFICE BERLIN
• Fabrik1230
• TrIIIple
• DANUBEFLATS
• PARKSTADT Mülheim
• so. me homes
• Amedia Hotels
• Zollhafen Elements

Products and services

• Real Estate Project Development Development of residential, commercial, hospitality, and mixed-use properties for sale or long-term holding across DACH metropolitan areas, including landmark projects such as TrIIIple, DANUBEFLATS, PARKSTADT Mülheim, Fabrik1230, and Zollhafen Elements Mainz.
• Investment & Asset Management Project participation models and investment vehicles for private and institutional investors and family offices, offering access to SORAVIA-developed real estate projects with diversified risk profiles and return expectations.
• Hospitality Development & Operations Hotel and hospitality property development, ownership and management across brands including Ruby Hotels (urban premium), NUMA (digital serviced apartments), LOISIUM (wine & spa hotels), Amedia (upper midscale), Aethos (lifestyle), and Hospiz am Arlberg.
• Property & Facility Management (ADOMO) Comprehensive property and facility management services through ADOMO Beteiligungs GmbH and its subsidiaries (HERWA Multiclean, Kickinger, DUO, LEHNER, Universal, SIPEKO, CAPERA), covering building cleaning, security, pest control, and technical building management for SORAVIA-owned and third-party properties.
• Real Estate Brokerage (IMMOcontract)

Quantifiable outcome

• 9% market share of all new apartments in Vienna through 2024
• +3 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

14 partnerships are on record, tiered core and minor.

• Marriott InternationalcoreStrategic or Co-development Partner · 27 February 2026SORAVIA, together with the PRIMESTAR Group and Marriott International, opened the June Six Salzburg hotel, part of Marriott's Tribute Portfolio. The property combines independent lifestyle design with international brand strength. This is a co-development partnership where SORAVIA serves as the real estate developer/owner, PRIMESTAR Group as operator, and Marriott provides the international brand platform.
• IHG (InterContinental Hotels Group)coreStrategic or Co-development Partner · 18 February 2025Ruby Hotels, in which SORAVIA holds a significant ownership stake, entered into a strategic cooperation with IHG to accelerate profitable growth with focus on the USA and Asia markets. Ruby will expand under IHG's umbrella, with IHG acquiring a stake in Ruby. SORAVIA benefits as an investor in Ruby Hotels.
• ZECH BAU SEminorStrategic or Co-development Partner · 17 June 2024SORAVIA and ZECH BAU SE entered a joint venture to revitalize a former 4-star hotel in Munich into a NUMA apartment hotel with 47 apartments. ZECH BAU provides construction expertise while SORAVIA develops the property for NUMA's hospitality operations.
• ECE Real Estate PartnerscoreStrategic or Co-development Partner · 3 April 2024A joint venture comprising ECE Real Estate Partners, SORAVIA, and denkmalneu acquired and is renovating the historic Bonvecchiati Hotel ensemble in the heart of Venice near St. Mark's Square. The €45 million project will be developed into a luxury hotel, with SORAVIA contributing real estate development expertise alongside ECE's retail and real estate capabilities.
• mDrei (LOISIUM)coreStrategic or Co-development Partner · 20 October 2022SORAVIA and mDrei jointly developed and own the LOISIUM Wine & Spa Hotels brand. SORAVIA acquired a stake in LOISIUM to expand into international wine region hospitality. The partnership develops hotels in European wine regions with SORAVIA providing real estate development and mDrei contributing the hospitality brand and operational expertise.
• Eckhard Brockhoff (Hospitality)minorStrategic or Co-development Partner · 4 July 2022SORAVIA and hospitality entrepreneur Eckhard Brockhoff invested together in hotel properties in the Rhein-Ruhr region, including the Hotel Bredeney. SORAVIA provides capital and development expertise while Brockhoff contributes local hospitality operational knowledge.
• Google Cloud & NagarrocoreTechnology or Integration · 17 May 2022SORAVIA partnered with Google Cloud and Nagarro to drive its digital transformation. This technology partnership enables SORAVIA to modernize its IT infrastructure, accelerate acquisition strategy, and support its TechProp positioning in Germany with cloud-based digital platforms.
• NUMA GroupcoreStrategic or Co-development Partner · 15 March 2022SORAVIA is a repeat investor in NUMA Group, participating in multiple financing rounds including the Series C where NUMA raised €59 million. SORAVIA also develops properties specifically for NUMA to operate as serviced apartments, including multiple buildings in Munich and Berlin. NUMA is a digital hospitality platform for urban accommodation.
• PRISMA UnternehmensgruppeminorStrategic or Co-development Partner · 9 June 2021SORAVIA and PRISMA partnered to develop the AMEDIA Lustenau business hotel in the Millennium Park commercial zone. PRISMA serves as the local development partner with SORAVIA providing capital and project development expertise. The hotel is operated by AMEDIA Hotel GmbH.
• denkmalneucoreStrategic or Co-development Partner · 12 May 2021SORAVIA and denkmalneu, along with ECE, formed a joint venture to acquire and renovate the historic Bonvecchiati Hotel ensemble in Venice. SORAVIA and denkmalneu have an established partnership for German property development, including the Munich-City-Portfolio of four renovated properties.
• S+B GruppecoreStrategic or Co-development Partner · 27 January 2021S+B Gruppe and SORAVIA have partnered on multiple landmark Vienna developments including DANUBEFLATS (Austria's tallest residential tower at 180 meters) and the DANUBEFLATS Bauteil 2. SORAVIA acts as co-developer and investor on major urban development projects with S+B Gruppe.
• Planquadr.atcoreStrategic or Co-development Partner · 2 December 2020SORAVIA acquired a 50% stake in Planquadr.at Gruppe, Salzburg's largest property developer. The partnership combines Planquadr.at's expertise in exclusive real estate projects with SORAVIA's capital and platform. Planquadr.at develops distinctive properties including HELIX, Imbergplatz, Klosterpark, and Residenz Mayburg.
• Ruby HotelscoreStrategic or Co-development Partner · 13 July 2018SORAVIA co-founded Ruby Hotels in 2013 and maintains a significant ownership stake. Ruby is an urban premium hospitality brand with hotels across Europe and Asia. SORAVIA develops hotel properties for Ruby under ownership/lease structures and participates in Ruby's growth through its equity stake.
• ARE Austrian Real EstatecoreStrategic or Co-development Partner · 20 October 2017ARE Austrian Real Estate and SORAVIA partnered on the TrIIIple development, one of Vienna's most ambitious residential tower projects with three towers of approximately 100 meters each, providing 1,160 apartments and micro-apartments. ARE contributes its institutional real estate platform while SORAVIA provides local development expertise.

Scale indicators12 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• CA Immobilien Anlagen AG: Vienna-headquartered real estate investment and developer focused on office, retail and mixed-use properties across Austria, Germany and CEE. Closest Austrian listed comparable to Soravia's project development and asset management model, with overlapping DACH exposure and a comparable owner-influenced governance profile.
• S IMMO AG: Vienna-based property investor and developer focused on residential and commercial assets in Austria, Germany and CEE. Comparable to Soravia's Austrian residential mix and capital partnership model — also a direct competitor for retail and institutional Projektbeteiligungen in the DACH market.
• DIC Asset AG: Frankfurt-listed German commercial real estate manager and developer with active acquisitions, developments and co-investments across German office, logistics and retail. Comparable to Soravia's German subsidiary footprint (Berlin, Munich, Cologne, Mülheim, Mainz) and TechProp positioning in top-7 German cities.
• IMMOFINANZ AG: Austrian commercial real estate developer and investor covering offices, retail and residential across CEE and Western Europe. Comparable to Soravia as an integrated Austrian real estate company with development pipeline plus investment vehicle, competing for similar institutional capital.
• UBM Development AG: Austrian full-service real estate developer active in residential, hotel, office and mixed-use across Austria, Germany and CEE. Comparable to Soravia's 360-degree development model and hotel development pipeline, particularly the DANUBEFLATS-tier mixed-use and hospitality exposure.
• PATRIZIA SE: Augsburg-based real estate investment manager with €50B+ AUM across European residential, commercial, and hospitality assets. Comparable to Soravia's institutional investment platform (IFA AG, SoReal INVEST) and forward-sale approach with German institutional clients.

Broad incumbents

• STRABAG SE: Vienna-listed European construction group with a substantial real estate development arm (STRABAG Real Estate) operating across residential, office and infrastructure. Overlaps with Soravia on DACH development pipeline execution but is a broader incumbent in construction rather than a pure real estate developer.
• Vonovia SE: Europe's largest residential real estate company with ~550,000 units across Germany, Austria and Sweden. Comparable to Soravia on Austrian residential rental exposure and large-scale operating real estate platform, though at a much larger scale and with public capital-market governance.
• PORR AG: Vienna-listed full-service construction company with significant project development activities in Austria, Germany and CEE. Comparable to Soravia on residential and commercial development backlog in Austria, but broader in construction services rather than real estate pure-play.

Others

• ECE Group (Otto Family): Hamburg-based retail real estate developer, manager and investor; Otto family owns 25% of Ruby Hotels alongside Soravia. Related to Soravia through the Ruby Hotels partnership rather than direct competition, but adjacent in German retail and hospitality real estate.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/soravia-group-gmbh
• Instagraminstagram.com/soraviagroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries19 records

Funding overview

Funding rounds

Investors

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

M&A

Investments3 records

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

Frequently asked questions about Soravia