Officefirst Immobilien

What Officefirst Immobilien does

OFFICEFIRST Real Estate GmbH (legally registered as a Gesellschaft mit beschränkter Haftung in Frankfurt am Main) is the exclusive German office asset management platform for funds managed by Blackstone Group. The company was established in its current form following Blackstone's late-2019 acquisition of Dream Global, which was integrated into the OFFICEFIRST platform. It operates from the MesseTurm in Frankfurt am Main and runs four additional regional offices in Hamburg, Berlin, Cologne, and Munich, with approximately 80 specialists managing a portfolio of around 80 properties covering more than 1.3 million square meters of leasable office space across Germany's six major metropolitan regions (Berlin, Hamburg, Düsseldorf, Frankfurt, Cologne, Munich). The portfolio includes landmark buildings such as MesseTurm Frankfurt, KölnTurm, Pariser Platz 4a at the Brandenburg Gate, and Treptowers Berlin, with assets additionally held in Vienna (Rivergate) and Belgium.

The company's core product is active asset management services — property administration, tenant relations, leasing, ESG strategy implementation, and portfolio optimization — delivered on behalf of Blackstone Real Estate. Revenue is generated through asset management fees on the underlying portfolio, with leasing conducted via direct B2B field sales rather than intermediaries. Notable enterprise tenants include Microsoft, Wells Fargo, Thomson Reuters, SwissRe, Hauck & Aufhäuser, NIO, Wiley, Deutsche Rentenversicherung Bund, and Flick Gocke Schaumburg, totaling more than 1,400 tenants. OFFICEFIRST has pursued an aggressive ESG certification program, accumulating 13+ BREEAM Excellent ratings and 2 BREEAM Outstanding ratings between 2024 and 2025, plus a WiredScore Platinum certification at Rivergate Vienna.

From a commercial positioning standpoint, OFFICEFIRST is not a technology company — its "core technology" is undisclosed and there are no AI, API, or proprietary platform capabilities referenced in the available data. Its go-to-market relies on direct enterprise field sales, the company website, LinkedIn/Xing for employer branding, and industry events such as EXPO REAL. Leadership comprises CEO Guido Piñol, Managing Directors Jonas Kriebel and Laurent Machenaud, with Philipp Schaper (formerly CIO and CEO European Real Estate at PATRIZIA SE) joining as Managing Director in Q2 2025, supported by regional Heads of Asset Management. Recent strategic activity has centered on portfolio optimization through targeted dispositions (Schlosshof Hamburg, k26 Frankfurt in 2023), large-scale revitalization (€100M+ Messeturm upgrade completed 2021), and a new development representation mandate for the mixed-use CzernyQuartier in Heidelberg.

Name

Officefirst Immobilien

Legal name

OFFICEFIRST Real Estate GmbH

Website

https://officefirst.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

OFFICEFIRST Real Estate GmbH is Blackstone's exclusive German office asset management platform, managing ~80 properties and 1.3+ million m² of premium office space across Germany's six major metropolitan regions from offices in Frankfurt, Munich, Berlin, Hamburg, and Cologne.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Asset Management

NAICS

Real Estate Property Managers (53131)

SIC

Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Office Real Estate Asset Management (BPAJAMAG)

akta.pro secondary industry

Office Property Management (BPAJAGAA)

Keywords

• Commercial real estate asset management
• Office property leasing
• Corporate office space
• Real estate portfolio management
• ESG-certified office buildings

Headquarters

HQ city

Bonn

HQ country

Germany

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Asset Management Fees: OFFICEFIRST generates revenue through asset management fees as Blackstone's exclusive German platform for office properties. The company manages a portfolio of approximately 80 properties with over 1.3 million square meters of rental space, charging management fees for property administration, tenant relations, and portfolio optimization services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

OFFICEFIRST Real Estate GmbH is the exclusive asset management platform for Blackstone's office property portfolio in Germany. It acquires, leases, and manages a portfolio of approximately 80 office buildings with over 1.3 million square meters of rental space and more than 1,400 tenants across Germany's six major metropolitan regions. The company delivers asset management, leasing, property management, and ESG/sustainability implementation services directly to corporate tenants and to Blackstone as the portfolio owner.

Product overview

Officefirst Real Estate GmbH operates as a unified asset management platform for Blackstone's office properties in Germany. The company manages a portfolio of over 1.3 million square meters of office space across more than 70 buildings, offering comprehensive property management, ESG strategy implementation, and sustainability certification services. The portfolio includes BREEAM-certified buildings and spans key German metropolitan regions.

Differentiator

Problem solved

Functional benefit

Products and services

• Officefirst Asset Management Platform Comprehensive asset management services for office real estate properties in Germany, including portfolio management, property optimization, leasing, and ESG strategy implementation for properties owned by Blackstone Real Estate across Germany's six major metropolitan regions.
• BREEAM-Certified Office Portfolio A leasable portfolio of office buildings certified under the BREEAM sustainability standard, including BREEAM Excellent-rated properties (e.g., MesseTurm Frankfurt, Pariser Platz 4a Berlin, LUX Cubes Berlin, Treptowers Berlin, Leibniz Kolonnaden Berlin) and BREEAM Outstanding-rated properties (Treptowers Berlin, Rivergate Vienna), supporting tenants' ESG objectives and sustainable property management requirements.
• ESG Strategy Services Environmental, Social, and Governance (ESG) advisory and implementation services delivered as part of office property management, focusing on energy efficiency, CO2 reduction, barrier-free access, and digital equipment for office properties to support corporate sustainability mandates of tenants.
• Office Leasing Services (Direct Field Sales) Direct corporate office leasing services across the portfolio of more than 70 buildings and 1.3 million sqm, connecting over 1,400 tenants with prime office space in Germany's six major metropolitan regions, delivered through regional field sales teams in Hamburg, Berlin, Cologne, Frankfurt, and Munich.

Quantifiable outcome

• Over 25,000 sqm newly leased at Messeturm Frankfurt since renovation began
• +2 more outcomes

Named customers12 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Patrizia SE: Patrizia is a leading European real estate investment manager with significant German office and mixed-use exposure. Its pan-European investment platform is closely comparable to OFFICEFIRST's institutional asset management model.
• Commerz Real: Commerz Real is the asset manager of hausInvest and other vehicles, with a sizable German and European office portfolio. It competes with OFFICEFIRST for institutional office capital and operates similar direct asset management capabilities in Germany's top cities.
• LaSalle Investment Management: LaSalle is a global real estate investment manager with strong European office capabilities and a track record in German markets. It is directly comparable as a third-party office asset manager; OFFICEFIRST's newly appointed MD Philipp Schaper previously held senior roles there.
• Union Investment Real Estate: Union Investment manages a large German and European open-ended real estate fund vehicle with meaningful office exposure in Frankfurt, Munich, Berlin and Hamburg. Like OFFICEFIRST, it focuses on institutional-quality office assets in German metropolitan markets.
• Deka Immobilien: Deka Immobilien is one of Germany's largest institutional real estate investors, with a substantial office portfolio across European gateway cities. It is directly comparable to OFFICEFIRST as a long-horizon, institutionally backed office asset manager.
• MEAG (Munich ERGO Asset Management): MEAG manages real estate mandates for Munich Re and third-party clients, with a substantial German and European office portfolio. It is a direct peer in German institutional office asset management.

Broad incumbents

• CBRE Investment Management: CBRE Investment Management operates one of the largest global real estate investment platforms with significant European office exposure. Its institutional German and pan-European office funds compete for the same institutional capital pool that backs OFFICEFIRST's mandate.
• Cushman & Wakefield (Asset Management): Cushman & Wakefield provides property and asset management services, including for German office stock, on behalf of institutional owners. While more service-oriented, it competes for outsourced German office mandates comparable to OFFICEFIRST's role for Blackstone.
• BNP Paribas Real Estate: BNP Paribas Real Estate is a major European real estate services and investment management platform that combines advisory, transaction and asset management for institutional office clients. It overlaps with OFFICEFIRST's institutional office asset management activities while also offering broader services.

Others

• Blackstone Real Estate (European Platform): Blackstone Real Estate's broader European platform is the parent sponsor of OFFICEFIRST and provides capital, deal flow and strategic direction. While not a direct competitor, it is the principal counterparty to OFFICEFIRST's mandate and a meaningful ecosystem participant.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/officefirst-real-estate-gmbh
• Xx.com/officefirst

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Officefirst Immobilien