Soravia
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.
- Company typePrivate
- Founded1880
- HeadquartersVienna, Austria
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
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.
Soravia firmographics
Firmographics- 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
Soravia industry classification
Industry- 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
Where Soravia is headquartered
LocationHeadquarters
- HQ city
- Vienna
- HQ country
- Austria
- HQ region
- Europe
Offices7 records
Markets served
Soravia business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- 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.
- 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.
- 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.
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project participation models for private and institutional investors |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels6 records
Soravia product offering
Product offeringCore 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
Companies that use Soravia
Customer profileNamed customers13 records
Segments4 records
Ideal customer profiles4 records
Soravia technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Soravia partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- Marriott InternationalcoreSORAVIA, 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)coreRuby 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 SEminorSORAVIA 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 PartnerscoreA 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)coreSORAVIA 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)minorSORAVIA 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 & NagarrocoreSORAVIA 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 GroupcoreSORAVIA 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 UnternehmensgruppeminorSORAVIA 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.
- denkmalneucoreSORAVIA 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 GruppecoreS+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.atcoreSORAVIA 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 HotelscoreSORAVIA 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 EstatecoreARE 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
Soravia competitors and assessment
Company assessmentDirect 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
Soravia social profiles
Digital presenceSoravia financial estimates
Financial estimateRevenue estimate
Valuation estimate
Soravia leadership team
Management profileNumber of profiles
Profiles11 records
Soravia subsidiaries and ownership
Company hierarchySubsidiaries19 records
Soravia funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Soravia M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Soravia
What does Soravia do?
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.
Is Soravia a public or private company?
Soravia is a private company. It is classified as family owned and is currently operating.
When was Soravia founded?
Soravia was founded in 1880. It employs 1,001 to 5,000 people.
Where is Soravia based?
Soravia is headquartered in Vienna, Austria, in the Europe region.
How does Soravia make money?
Five revenue lines are on record. Real Estate Project Development is the primary driver. The others are investment & Asset Management, hospitality Operations, property & Facility Management and brokerage & Intermediation.
Who are Soravia's main competitors?
Direct peers on record are CA Immobilien Anlagen AG, S IMMO AG, DIC Asset AG, IMMOFINANZ AG, UBM Development AG and PATRIZIA SE. Broad incumbents are STRABAG SE, Vonovia SE and PORR AG. ECE Group (Otto Family) is listed as an others.
Does Soravia have an API?
No public API is recorded for Soravia.
What industry is Soravia in?
Soravia's product category is Real Estate Development. Its primary akta.pro industry code is FSAEAJAJ, Real Estate Transaction Advisory & Due Diligence, with a secondary code of BPAJAMAE, Hospitality (Hotels & Resorts) Asset Management. Its NAICS code is 53131 and its SIC code is 6552.