Suedbaden Immobilien

What Suedbaden Immobilien does

Südbaden Immobilien GmbH is an owner-managed German real estate project developer headquartered in Freiburg im Breisgau, founded in 2015 and registered as a private limited company (GmbH) under Handelsregister HRB 713903. The company focuses on affordable residential housing development across Southern Germany and selected additional metropolitan markets, executing a full-cycle development model that spans land acquisition (Grundstücksakquise), project development (Projektentwicklung), marketing, sales (Verkauf), and construction (Bebauung). Through a core strategic partnership with MKE Munich Investment GmbH, the company operates an integrated corporate group that handles all project phases internally, from initial concept through turnkey handover, rather than outsourcing construction management.

The underlying technology stack is minimal and non-proprietary: the only disclosed integration is a Google Maps API used for location visualization on the company's website, with no internal software platform, API, SDK, or AI tooling evidenced. Revenue is generated primarily through one-time sales of completed residential units to individual buyers and property investors (one-time license model), supplemented by a smaller recurring layer from property management services covering commercial, technical, and accounting management of the company's own portfolio (professional services model). Individual project Gross Development Value (GDV) ranges from €4M to €45M, with active projects including Glasperlen Achern, EdelholzQuartier Calw, and Freiham Nord WA2 West in Munich.

The company's customer segments are individual affordable-housing seekers in Southern German markets and multi-family residential property investors, reached through a direct sales motion (company website plus phone/email contact). Go-to-market is sales-led and project-driven rather than marketing-intensive. Ownership is closely held under sole managing director Teodor Enev, with no disclosed external institutional investors, venture capital, or private equity backing. The company is a corporate member of the UN Principles for Responsible Investment (UN PRI), positioning sustainability as a strategic pillar and a brand differentiator within the German affordable-housing segment.

Name

Suedbaden Immobilien

Legal name

Südbaden Immobilien GmbH

Website

https://suedbaden-immobilien.de

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Südbaden Immobilien GmbH is a German owner-managed real estate developer specializing in affordable residential housing, delivering full-cycle development from land acquisition through turnkey construction across Southern Germany and select metropolitan markets.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

Operative Builders (1531), General Bldg Contractors - Residential Bldgs (1520)

akta.pro primary industry

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE)

Keywords

• Residential property development
• Affordable housing construction
• Real estate project management
• Property management services
• Land acquisition development

Headquarters

HQ city

Freiburg Im Breisgau

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Revenue model

1. Property Development and Sales: Full-cycle real estate development from land acquisition through design, construction, and sale of residential units. Revenue generated from sales of completed residential properties to end buyers.
2. Property Management Services: Commercial, technical, and accounting management services for the company's own real estate portfolio. Includes sustainability optimization and cost management throughout the property lifecycle.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Südbaden Immobilien is an integrated real estate project developer focused on affordable residential housing in Southern Germany. The company delivers the complete development cycle—land acquisition (Grundstücksakquise), project development (Projektentwicklung), marketing, sales (Verkauf), and construction (Bebauung)—supplemented by property management (Immobilienverwaltung) for its own portfolio. Through a strategic partnership with MKE Munich Investment GmbH, it manages all construction phases in-house from idea to turn-key completion.

Product overview

Südbaden Immobilien is an innovative real estate project developer with in-house construction capabilities, focused on developing and creating affordable housing. The company operates an integrated service model covering the complete real estate development cycle, from land acquisition through project development, marketing, sales, and construction (Bebauung), to property management. Their core offering consists of five interconnected services—Grundstücksakquise, Projektentwicklung, Marketing, Verkauf, and Bebauung—supplemented by Property Management services for their own portfolio. Together with MKE Munich Investment GmbH, they form a corporate group that handles all project phases in-house, closing the complete real estate development loop from idea to completion. The company focuses on affordable housing development across Southern Germany, with projects including multi-family residential buildings such as Glasperlen Komposition (Achern), EdelholzQuartier (Calw), Freiham Nord WA2 West (Munich), and others.

Differentiator

Problem solved

Functional benefit

Products and services

• Grundstücksakquise (Land Acquisition)

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Two partnerships are on record, tiered core and minor.

• MKE Munich Investment GmbHcoreStrategic or Co-development PartnerStrategic partnership forming a corporate group that manages construction projects in all phases internally. MKE Munich Investment handles project management and quality control while Südbaden Immobilien focuses on property development and sales. Together they close the complete cycle of real estate development from idea to completion.
• UN PRI (Principles for Responsible Investment)minorOthersCorporate member of the UN PRI, demonstrating commitment to responsible investment and ESG principles in real estate development.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Vonovia: Europe's largest residential real estate company, owning and developing rental and for-sale housing across Germany. Overlaps with Suedbaden in residential housing supply but operates at massive scale with a primarily rental portfolio and broad incumbent positioning.
• Deutsche Wohnen: Major German residential real estate company focused on urban multi-family housing. Comparable in residential property focus and German market but operates as a large incumbent landlord/portfolio manager rather than a project developer of new for-sale units.
• LEG Immobilien: Large German residential real estate company managing and developing housing primarily in North Rhine-Westphalia. Comparable in the residential housing theme but is an established portfolio operator rather than a smaller-scale integrated developer like Suedbaden.

Direct peers

• Instone Real Estate Group: German residential property developer listed on the Frankfurt Stock Exchange, developing multi-family and inner-city residential projects across Germany. Highly comparable to Suedbaden in product (residential new-build) and target market (German affordable/standard housing), though at materially larger scale.
• Kondor Wessels: German real estate developer active in residential, office, and hotel projects across multiple German cities. Comparable in integrated project development model and German geographic footprint, with similar mid-market project profile.
• Bauwert AG: German residential real estate developer active in major German cities including Munich and other southern German markets. Comparable in residential development focus and German geographic footprint, with project sizes in a similar range to Suedbaden's pipeline.
• Euroboden: Bavaria-based residential developer creating architecturally distinctive housing projects primarily in southern Germany. Comparable in geographic focus (southern Germany), product (residential for-sale), and integrated design-build approach.
• Pandion: Cologne-based residential project developer focused on high-quality multi-family housing in German metropolitan areas. Comparable in product type (residential new-build), customer segment (owner-occupiers and investors), and mid-market project size profile.
• Bonava: Nordic-origin residential developer with significant German operations, building multi-family and single-family housing for sale. Directly comparable to Suedbaden in residential development focus, project types, and German market exposure, with broader geographic reach.

Others

• MKE Munich Investment GmbH: Strategic partner of Suedbaden Immobilien handling project management and quality control for construction projects. Included as a peer due to its operational entanglement with Suedbaden's business; not a direct competitor but a closely aligned counterpart in the integrated development model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Suedbaden Immobilien