Trei Real Estate

Name

Trei Real Estate

Legal name

Trei Real Estate GmbH

Website

https://treirealestate.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Lessors of Other Real Estate Property (53119), Real Estate Property Managers (53131), Lessors of Real Estate (5311)

SIC

Real Estate Dealers (For Their Own Account) (6532), Lessors Of Real Property, Nec (6519), Investors, Nec (6799)

akta.pro primary industry

Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

akta.pro secondary industries

Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA), Real Estate Investment Sales (Income-Producing Properties) (FSAEAJAC)

Keywords

• Real estate development
• Asset management services
• Residential property development
• Retail park leasing
• Sustainable construction

Headquarters

HQ city

Düsseldorf

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Development and Sales: Developing multi-family residential projects (rental apartments and condominiums) for sale to investors or retention in proprietary portfolio. Generates revenue through project completions and asset transfers.
2. Asset Management: Managing proprietary real estate portfolio including residential and commercial properties. Assets under management (AuM) stand at 1.4 billion euros.
3. Retail and Commercial Leasing: Long-term leasing of retail spaces to major tenants including Aldi, Lidl, EDEKA, REWE, Kaufland, and Biedronka. Includes Vendo Park retail parks in Poland.
4. Property Transactions: Sale of completed residential and retail developments to investors. Recent sales include Queens Wedgewood Houston, Fischerhof Mainz, and various retail developments.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Trei Real Estate is an international real estate project developer and asset manager that develops, manages, and sells sustainable residential (multi-family rental apartments and condominiums) and commercial retail properties across Germany, Poland, and the United States. Its retail park operations run under the Vendo Park brand in Poland (42 markets), and its asset management portfolio covers €1.4 billion in assets under management. Completed developments are either retained in the proprietary portfolio or sold to institutional investors.

Product overview

Trei Real Estate is an international real estate developer and asset manager operating as a single integrated platform. The company develops, manages, and sells sustainable residential and commercial real estate across three core markets: Germany, Poland, and the United States. Its product portfolio consists of three main offerings: (1) Residential Developments comprising multi-family rental apartments and condominiums in major metropolitan areas, with approximately 4,000 units in development/planning; (2) Retail Parks under the Vendo Park brand in Poland, serving neighborhood supply functions with 42 locations; and (3) Commercial/Retail Properties in Germany and Poland leased to major retailers. The company also provides asset management services for its own portfolio and third-party properties, with Assets under Management of approximately €1.4 billion as of mid-2025.

Differentiator

Problem solved

Functional benefit

Brands

• Vendo Park: Retail park brand operating in Poland, developing, building and renting retail parks that serve local shopping needs, especially in smaller cities
• UP2U

Products and services

• Vendo Park Retail Parks (Poland) Retail park brand under which Trei develops, builds, and leases retail parks in Poland, serving modern consumer needs for convenient and quick shopping and acting as a neighborhood supply function particularly in smaller cities. Vendo Park portfolio comprises 42 markets.
• Residential Developments (Germany) Multi-family residential projects including rental apartments and condominiums developed in German metropolitan areas such as Berlin, Cologne, Hamburg, Munich, Düsseldorf, Mainz, and Wiesbaden. Includes the Winst°n Berlin project and Fischerhof Mainz among others.
• Residential Developments (Poland) Multi-family residential projects including rental apartments and condominiums developed in Polish cities including Wrocław, Łódź, Poznań, Warsaw, and Milanówek. Marketed under the UP2U rental brand, including the Poznań UP2U project alongside a Biedronka supermarket.
• Residential Developments (USA) Multi-family residential rental projects developed in the southeastern United States including North Carolina (Charlotte, Cary, Matthews), Florida (Jacksonville, Merritt Island), Tennessee (Nashville), and South Carolina (Charleston). Includes Queens Wedgewood-Houston (Nashville, 220 units), Apela House (Jacksonville, 285 units), Alta Ivy (Cary, 300 units), and Atlantic Beach House (Charleston, 224 units).
• Commercial Retail Properties (Germany and Poland) Retail and commercial properties leased to major retail tenants including Aldi, Lidl, EDEKA, REWE, Kaufland, and Biedronka. Properties include standalone retail spaces and retail areas within mixed-use developments such as the Berlin Pappelallee (REWE supermarket) and Berlin Winsstraße (EDEKA) projects.
• Asset Management Services Management of Trei's proprietary real estate portfolio covering residential and commercial properties with assets under management (AuM) of €1.4 billion, including professional property management, portfolio strategy, and transaction execution.

Quantifiable outcome

• 3,700 residential units realized
• +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

Feature4 records

Partnerships

Six partnerships are on record, tiered supporting and major.

• Greenberg TraurigsupportingImplementation/ SI/ Consulting Partner · 24 June 2026International law firm acted as legal advisor to the sellers (Patron Capital and Trei Real Estate) in the Vendo Park portfolio sale.
• Addleshaw GoddardsupportingImplementation/ SI/ Consulting Partner · 24 June 2026International law firm represented the buyers (Star Capital Finance and Generali) in the Vendo Park portfolio acquisition.
• Proffitt Dixon PartnersmajorStrategic or Co-development PartnerJoint venture partner for Nashville Queens Wedgewood-Houston multi-family development. Partnered on 220-unit project completed in May 2024.
• Chance PartnersmajorStrategic or Co-development PartnerJoint venture partner for Jacksonville Apela House multi-family development. Partnered on 285-unit project completed in May 2025.
• Wood PartnersmajorStrategic or Co-development PartnerJoint venture partner and general contractor for Cary Carpenter Fire Station (Alta Ivy) multi-family development. 300-unit project completed in January 2025.
• Middle Street PartnersmajorStrategic or Co-development PartnerJoint venture partner for Charleston Atlantic Beach House multi-family development. 224-unit project completed in February 2023.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Deutsche Wohnen: Berlin-headquartered residential real estate company owning and developing multi-family housing across German metropolitan areas. Closely comparable to Trei's German residential book, including ESG-certified new construction.
• Vonovia: Germany's largest residential landlord and developer, operating an integrated own-and-manage model across Germany and other European markets. Directly comparable to Trei's German residential development + retention + asset management strategy, although at substantially larger scale.
• LEG Immobilien: North Rhine-Westphalia-headquartered residential landlord with a development and modernization pipeline serving German metropolitan markets. Comparable mid-to-large integrated residential operator with similar ESG/energy-efficiency focus.
• Eurocommercial Properties: Pan-European retail real estate investor and developer focused on dominant shopping centers in Italy, France, Spain and Sweden. Comparable as a European mid-cap retail property specialist active in mixed-footprint markets, with overlap on retail-park-style asset classes.
• Multi Corporation: Pan-European retail real estate developer and investor specializing in shopping centers and retail parks across Poland, Czechia, Slovakia and Turkey. Direct comparable to Trei's Vendo Park retail park development business in Poland.
• Patron Capital: European real estate fund manager operating across retail, residential and mixed-use; co-seller with Trei on the 2025 Vendo Park dispositions. Directly comparable private-market peer on transaction execution, asset class overlap, and capital recycling model.
• TAG Immobilien: Mid-sized German residential-focused real estate company with development and buy-and-hold activities in German metropolitan and B-cities. Comparable in scale and strategy to Trei's German residential book and ESG-focused new construction pipeline.
• DIC Asset: Frankfurt-listed German commercial real estate company owning and developing office and mixed-use assets in major German cities. Comparable as a mid-sized integrated German commercial/retail developer and asset manager, though concentrated in office rather than retail parks.
• ECE Projektmanagement: Germany-based developer and operator of large-scale retail real estate including shopping centers. Comparable as a German-headquartered retail real estate developer, although focused on larger schemes than Trei's retail parks.

Broad incumbents

• Aroundtown: Large European real estate company with substantial German hotel, office and residential exposure. Broadly comparable as a major German-headquartered integrated real estate operator, although larger and more diversified than Trei's residential + Polish retail focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/trei-real-estate-gmbh
• Facebookfacebook.com/107830213985992

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries2 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 Trei Real Estate