intaurus

What intaurus does

intaurus is a privately held German commercial real estate company (intaurus GmbH, registered in Munich, headquartered in Dachau) that invests in, develops, and manages industrial, logistics, and commercial properties across Germany. Founded in 2005 by Hans-Wolfgang Niedermair, the company has acquired approximately 1,770,167 m² of land and developed approximately 432,101 m² of rental space, serving around 100 commercial tenants including DHL, Mytheresa, BMW, Hornbach, Makita, thyssenkrupp, New Flag GmbH, and SWM (Stadtwerke München). Its core product is the proprietary "coreport" brand — a multifunctional logistics property concept featuring modern industrial design, sustainable construction (DGNB Gold certification, KfW-40 energy standard), photovoltaic systems, and heat pumps — deployed across multiple sub-products in Bavaria (Pfaffenhofen, Denkendorf, Memmingen, Ingolstadt), Saxony (Schkeuditz/Leipzig II, Kabelsketal), and Lower Saxony (Hannover).

intaurus operates a vertically integrated, full-value-chain business model combining land acquisition, project development, revitalization of legacy industrial sites, asset management, and property/facility management. Revenue is generated through three streams: recurring rental income from owned logistics and commercial properties, one-off property development sales to institutional investors (exemplified by the October 2025 sale of coreport Pfaffenhofen to HIH Invest), and managed asset/property services. Go-to-market is sales-led, relying on direct enterprise outreach supplemented by broker networks such as Realogis Immobilien München, with regional general contractors (Fabrikon, Max Bögl) executing developments. All shares are held by management, supporting fast decision-making and independence from external capital.

The company is exclusively focused on Germany, with strategic emphasis on "Big 7" autobahn-connected economic regions and airport-adjacent logistics clusters, particularly around Munich and Leipzig/Halle airports. Following the unexpected death of founder Hans-Wolfgang Niedermair in January 2026, operations continue under managing director and co-shareholder Oliver Raigel and authorized signatory Guido Seiler, with an active development pipeline (coreport Leipzig II at 54,400 m², coreport Hannover at 27,000 m², and continued expansion of the Kabelsketal land bank near Leipzig) supporting near-term growth.

Name

intaurus

Legal name

intaurus GmbH

Website

https://intaurus.de

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

intaurus is a privately held German commercial real estate investor, developer, and manager specializing in industrial, logistics, and commercial properties, operating its proprietary coreport brand of sustainable (DGNB Gold, KfW-40) multifunctional logistics buildings serving enterprise tenants across Germany.

Ownership category

akta.pro rank

Headquarters

HQ city

Dachau

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

1. Property Rental Income: Long-term rental income from commercial, industrial, and logistics properties developed and owned by intaurus. Properties include warehouse, production, and office spaces leased to commercial tenants.
2. Property Development and Sale: Development of logistics and commercial properties for sale to investors, as demonstrated by HIH Invest acquiring coreport Pfaffenhofen.
3. Asset and Property Management: Strategic asset management and technical/commercial property administration services for their own and potentially third-party real estate portfolios.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

intaurus is an investor, developer, and manager of selected industrial, logistics, and commercial real estate in Germany. Under its proprietary coreport brand, the company builds multifunctional logistics, production, and office properties built to DGNB Gold and KfW-40 sustainability standards, and offers asset, property, and facility management services for its portfolio. The company also revitalizes aging industrial sites at well-connected German locations.

Product overview

intaurus is a real estate investment, development, and management company specializing in industrial, logistics, and commercial properties. The company's core offering is the proprietary coreport brand concept for multifunctional logistics properties, supplemented by revitalization of existing industrial sites, full-scope project development services, property investment, and asset/property/facility management. The coreport product line includes multiple regional projects (Memmingen, Denkendorf, Pfaffenhofen, Leipzig II, Hannover), each delivering modern warehouse, production, and office spaces built to sustainability standards (KfW-40, DGNB Gold). The company operates exclusively in Germany with focus on the 'Big 7' autobahn-connected locations.

Differentiator

Problem solved

Functional benefit

Brands

• coreport: Multifunctional logistics and production hall concept developed by intaurus. Properties are built according to modern industrial design standards with state-of-the-art technical equipment, combining ecological awareness with functional requirements for cost-efficient material flows. coreport is a protected trademark of the intaurus corporate group.

Products and services

• coreport (logistics property brand concept)

Quantifiable outcome

• 1,770,167 m² land area acquired since founding
• +4 more outcomes

Named customers10 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

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• Max Bögl FirmengruppecoreImplementation/ SI/ Consulting Partner · 31 January 2025Max Bögl served as general contractor for the coreport Denkendorf project. Selected for regional presence (local/regional partner) to reduce transport emissions and support sustainable construction practices.
• Gemeinde KabelsketalminorStrategic or Co-development Partner · 13 October 2024Municipal partnership in Saxony-Anhalt. Intaurus acquired 176,000 m² land in Kabelsketal for logistics development. The municipality values the long-term cooperative relationship with trust-based communication.
• FabrikoncoreImplementation/ SI/ Consulting Partner · 24 September 2024Fabrikon was engaged as general contractor for the coreport Pfaffenhofen project construction. The company built the single-tenant logistics building to KfW 40/DGNB Gold standards.
• Realogis Immobilien MünchencoreChannel Partner/ Reseller/ Distributor · 24 September 2024Realogis Immobilien München acted as advisor and intermediary in securing the long-term lease agreement for coreport Pfaffenhofen with an international trading company.
• New Flag GmbHcoreOthersNew Flag, a Munich-based international beauty and hair products company, is the anchor tenant at coreport Pfaffenhofen with a 10-year lease. Moved distribution operations to the facility in July 2025, employing approximately 60 people with plans to grow to 75.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Dietz AG: Dietz AG is a German-based industrial and logistics real estate developer with project development, revitalization, and asset management services. Comparable to intaurus as a mid-sized German competitor in industrial/logistics development with similar full-value-chain services.
• Verdion: Verdion is a European logistics and industrial property developer with development activity in Germany, focusing on modern sustainable logistics facilities for e-commerce and distribution tenants. Comparable to intaurus on product type, ESG-certified builds, and institutional capital recycling.
• Panattoni: Panattoni is Europe's largest logistics and industrial real estate developer, active in Germany with a develop-and-hold or develop-and-sell model across major logistics hubs. Directly comparable to intaurus on logistics property development, sustainability standards, and tenant base across DACH.
• VGP: VGP is a Belgian-headquartered pan-European logistics and semi-industrial real estate developer and owner with significant German operations. Closely comparable to intaurus on develop-and-hold logistics strategy, sustainability focus, and tenant mix across German autobahn-connected locations.
• BEOS Industrial (Swiss Life Asset Managers): BEOS is a German-focused industrial and logistics real estate developer and manager, now part of Swiss Life Asset Managers. Comparable to intaurus on German industrial property development, revitalization of older industrial sites, and institutional capital partnerships.
• Garbe Industrial Real Estate: Garbe is a German-based logistics and industrial real estate developer, investor, and manager with full development-to-asset-management capabilities. Closely comparable to intaurus on German market focus, project development model, institutional investor base, and ESG-certified builds.

Broad incumbents

• Goodman Group: Goodman is a global industrial real estate group with significant German logistics development activity. Comparable to intaurus on logistics property development and institutional capital partnerships, but operates at much larger global scale across multiple continents.
• SEGRO: SEGRO is a UK-listed European logistics real estate REIT with major German operations focused on big-box and urban logistics. Comparable to intaurus on modern logistics product and sustainability, but operates at much larger institutional REIT scale.
• Prologis: Prologis is the world's largest logistics real estate operator with substantial German holdings. Comparable to intaurus on logistics property type and ESG focus, but vastly larger scale and primarily an owner/operator rather than a developer selling to third parties.
• GLP (Global Logistic Properties): GLP is a global logistics real estate developer and operator with European operations including Germany. Comparable to intaurus on modern logistics product and sustainability focus, but operates as a much larger global platform.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCKS7CkKSPCc4akpZAlM1laQ
• Facebookfacebook.com/intaurus
• LinkedInlinkedin.com/company/intaurus-gmbh
• Instagraminstagram.com/intaurus_/?igshid=YmMyMTA2M2Y=

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 intaurus