ILG

Name

ILG

Legal name

ILG Holding GmbH

Website

https://ilg-gruppe.de

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Munich

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. AIF Fund Management: ILG manages closed-ended Alternative Investment Funds (AIFs) for retail and institutional investors. Revenue is generated through fund management fees and performance-based compensation. ILG Kapitalverwaltungsgesellschaft mbH is the regulated KVG managing these funds.
2. Asset, Property and Center Management Services: ILG provides asset management, property management, and center management services for its own fund properties and external real estate portfolios. Services include tenant management, maintenance, insurance handling, and revenue optimization.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

ILG manages regulated Alternative Investment Funds (AIFs) under German KAGB law that invest in German retail real estate, offered to private and institutional investors. The group additionally provides asset management, property management, center management (Retail Match), letting management, parking management, and project development services across its owned and third-party retail property portfolios, managing over 450,000 m² of space.

Product overview

ILG is a German real estate investment and asset management group operating since 1980, offering a comprehensive suite of investment products and property management services. The company structure includes ILG Kapitalverwaltungsgesellschaft mbH (capital management company with BaFin authorization), ILG Assetmanagement GmbH (commercial real estate management), Retail Match GmbH (on-site center management), ILG Capital GmbH (institutional investor services), and ILG Projektentwicklung GmbH (project development). Investment products include regulated public funds (Publikumsfonds/AIF) for private investors with minimum investments starting at €20,000, institutional special funds with target volumes around €400 million, and §6b tax-optimized investment vehicles. The services portfolio encompasses full asset management (managing over 450,000 m²), center management through the Retail Match brand, letting management with extensive retail tenant networks, parking management, and project development for near-retail properties. The group focuses primarily on German retail real estate including shopping centers, specialist retail parks, hybrid centers, and selected high street properties.

Differentiator

Problem solved

Functional benefit

Products and services

• ILG Publikumsfonds (Public AIF Funds) Regulated mutual funds (Alternative Investment Funds / AIFs) under German KAGB law that invest primarily in German retail real estate (Einzelhandelsobjekte) and generate returns through rental income and property appreciation. Targeted at private and semi-professional investors.
• ILG Sondervermögen (Institutional Special Funds) Closed-ended institutional investment funds managed for institutional investors with target volumes typically around €400 million, investing in German retail real estate portfolios. Administered in cooperation with IntReal.
• Asset Management Full-service asset management for commercial real estate including financial claim realization, revenue optimization, insurance management, tenant support, billing, accounts receivable management, and maintenance scheduling, delivered across a portfolio of over 450,000 m².
• Retail Match (Center Management) Center management service for retail properties that generates additional offerings, rent, and footfall by activating unutilized mall and outdoor spaces. Manages all assets individually and establishes the centers as brands within their catchment areas.
• Vermietungsmanagement (Letting Management) Commercial letting management with an extensive network of major retail tenants, acting as the single point of contact for tenants interested in available spaces in ILG-managed properties.
• Parken & Management (Parking Management) Parking space management service for multi-storey and underground car parks at highly frequented locations including city centers, train stations, shopping centers, hotels, and airports.
• Projektentwicklung (Project Development) Development of Nahversorgungsimmobilien (local-supply retail properties) including new construction projects with building rights and defined completion timelines.
• §6b-Anlagen (§6b Tax-Optimized Investments) Tax-deductible investment vehicles that allow business people to reinvest profits from property and building sales and receive regular monthly dividends, structured in compliance with German tax law Section 6b EStG. Distributed via ILG Vertriebs GmbH.

Quantifiable outcome

• ILG manages a real estate portfolio totaling over 450,000 m²
• +3 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• SavillscoreStrategic or Co-development Partner · 21 June 2019ILG and Savills entered into a cooperation for center management services, combining ILG's retail real estate expertise with Savills' broader commercial property services.
• Berlin HypminorStrategic or Co-development PartnerILG and Berlin Hyp collaborated on presenting studies related to retail real estate markets and investments.
• Green Furniture ConceptminorStrategic or Co-development PartnerFramework contract for sustainable site furnishing with seating. The Swedish manufacturer's products are made from natural raw materials that are replanted after production, aligning with ILG's ESG strategy.
• KlimaINVEST Green ConceptsminorOthersSustainability agency that confirmed ILG's climate neutrality in calculated electricity consumption. According to KlimaINVEST, the use of green electricity has prevented approximately 938 tonnes of CO2.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Commerz Real: German real estate fund manager (part of Commerzbank Group) operating open-ended retail real estate funds and institutional mandates. Directly comparable in product structure to ILG's regulated AIF offerings, though with broader geographic mandate.
• Union Investment Real Estate: One of Germany's largest real estate fund managers, operating regulated open-ended and closed-ended real estate funds for retail and institutional investors. Directly comparable to ILG's Publikumsfonds and Sondervermögen model, though at significantly larger AUM scale.
• IntReal International Real-Estate Kapitalverwaltungsgesellschaft mbH: German KVG specializing exclusively in real estate fund administration and management for institutional and retail investors. Directly comparable regulatory function; in fact serves as administrator for ILG's €400M institutional mandate launched in 2024.
• HANSAINVEST Hanseatische Investment-GmbH: Large German KVG providing regulated fund management (including closed-ended real estate AIFs) for various asset managers. Comparable to ILG Kapitalverwaltungsgesellschaft as a BaFin-regulated capital management company offering fund structures.
• Real I.S. AG: German-regulated KVG specializing in closed-ended real estate AIFs for private and institutional investors, with a strong focus on retail and office. Comparable business model to ILG Kapitalverwaltungsgesellschaft, including fund issuance, asset management, and institutional mandates.
• KGAL GmbH & Co. KG: German-regulated asset manager issuing closed-ended AIFs focused on retail real estate and renewable energy infrastructure for private and institutional investors. Highly comparable to ILG's AIF issuance model and retail property focus.

Broad incumbents

• Deka Immobilien: Subsidiary of DekaBank managing €50B+ in real estate AUM via open-ended mutual funds (Immobilienfonds) for retail investors and institutional mandates. Comparable retail-investor fund product to ILG Publikumsfonds but at materially larger scale and broader geographic exposure.
• Deutsche Asset Management / DWS Group: One of Europe's largest asset managers with a significant real estate division managing open-ended and closed-ended real estate funds. Comparable regulated fund products but at vastly larger scale with global mandates.

Others

• Savills (Germany): Global commercial real estate services firm with German retail real estate practice and a strategic cooperation with ILG for center management services. Comparable in retail property services offering but as a services/solutions provider rather than a fund manager.

Emerging players

• GPEP GmbH: German retail real estate specialist managing shopping centers and retail parks across Germany. Comparable asset class focus and German geographic footprint, though with a more limited fund issuance model.

Market position

Weaknesses5 records

Competitive moat5 records

Customer concentration

• LinkedInlinkedin.com/company/ilg-gruppe

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries6 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 ILG