What Bülow Aktiengesellschaft does

Bülow Aktiengesellschaft is a privately held German real estate developer and investor (Aktiengesellschaft, not publicly traded), headquartered in Stuttgart at Heilbronner Straße 190. Founded by Horst Bülow over 60 years ago, the company operates a fully integrated in-house value chain spanning project development, architecture (with in-house BIM capability and full HOAI service phase coverage), construction management acting as general contractor and project manager, and property management. Its activities cover new development and revitalisation of office buildings, shopping centres, retail parks, hotels, logistics facilities, multi-storey residential buildings, and mixed-use schemes, with a stated minimum project size of 4,000-10,000 m² depending on asset class.

Operationally, Bülow generates revenue through three streams: one-time sales of developed commercial and residential properties to institutional investors and end buyers, recurring rental income from retained assets (e.g., Radisson Hotels occupying floors 9-23 of the Porsche Design Tower Stuttgart, Adagio's 121-unit longstay at Stuttgarter Höfe), and professional services across financing structuring, letting, construction management, and ongoing property management. Reference tenants include Allianz, Deutsche Bahn, Deutsche Telekom, Daimler Financial Services, Siemens, Landesbank Baden-Württemberg, and ENBW, underscoring enterprise-grade occupancy.

The current portfolio comprises nine active projects concentrated in Stuttgart, with expansion into Munich and Frankfurt and a Swiss reference: Quadro, Stuttgarter Höfe, Porsche Design Tower Stuttgart (delivered via wholly-owned subsidiary Design Tower Stuttgart mbH), Vision One, Office One, Skyline, Dornacher Tor, Century, and Bülow Carré — the latter holding LEED Platinum certification, one of the first in Germany. Cumulative developed floor space exceeds 1,300,000 m². Leadership consists of Selcuk Ulu (Vorstandsvorsitzender), Ralf Trefz (Vorstand), Ina Schediwy (Prokuristin), and Bernhard Steffan (Aufsichtsratsvorsitzender). The company integrates proprietary Green Building standards across all projects but discloses no AI/ML, digital platform, or external funding activity.

Name

Bülow Aktiengesellschaft

Legal name

Bülow Aktiengesellschaft

Website

https://buelow-ag.de

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

1–10 employees

Short description

Bülow Aktiengesellschaft is a privately held Stuttgart-based real estate developer and investor that plans, builds, and manages commercial and residential properties across South Germany, with integrated architecture, construction management, and property management capabilities and a focus on sustainable Green Building developments.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Real Estate Property Managers (53131), Architectural Services (541310), New Housing For-Sale Builders (236117)

SIC

Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Nonresidential Bldgs (1540), Investors, Nec (6799)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industries

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE), Residential Real Estate Asset Management (BPAJAMAA), Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Commercial real estate development
• Residential property development
• Construction management services
• Property management services
• Sustainable building development

Headquarters

HQ city

Stuttgart

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Property Development & Sales: Bülow AG develops commercial and residential properties for sale to end investors, including office buildings, shopping centers, hotels, and residential buildings in new development and revitalization segments.
2. Rental Income: The company holds and manages rental properties including office spaces and hotel units (e.g., Radisson Hotels in Porsche Design Tower, Adagio Longstay in Stuttgarter Höfe), generating recurring rental income.
3. Property Management Services: Commercial team supports projects through financing structuring and procurement, project concept design for optimal property management, letting phase management, and market placement of properties.
4. Construction Management Services: Engineering division acts as general contractor and project manager, covering the full range of HOAI service phases I-IX, providing construction cost estimation, scheduling, tendering, project controlling, quality monitoring, acceptance, and warranty management.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Bülow Aktiengesellschaft develops, invests in, and manages commercial and residential real estate properties in Germany, with a focus on South Germany (Stuttgart, Munich, Frankfurt). It delivers an integrated service stack covering project development, in-house architecture and BIM planning, construction management as general contractor and project manager (covering HOAI service phases I–IX), and ongoing commercial property management including financing structuring, tenant acquisition, and market placement. The company develops for sale to investors and also retains assets for its own rental portfolio.

Product overview

Bülow Aktiengesellschaft is a full-service real estate development company offering an integrated suite of services including Project Development, Architecture, Construction Management, and Property Management. The company operates primarily in Germany (Frankfurt, Stuttgart, Munich) and has developed over 1,300,000 m² of space over its 60+ year history. Their portfolio includes notable projects such as Quadro (sustainable office campus), Stuttgarter Höfe (mixed-use development), Porsche Design Tower Stuttgart, Vision One, Office One, Skyline, Dornacher Tor, Century, and Bülow Carré. The company's Green Building initiative represents their commitment to sustainable development with LEED Platinum certification achieved for Bülow Carré. Bülow AG functions as investor, general planner, developer, and coordinating constructor across both new development and redevelopment projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Project Development

Quantifiable outcome

• Over 1,300,000 m² of floor space developed across portfolio
• +1 more outcomes

Named customers16 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

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Design Tower Stuttgart mbHcoreStrategic or Co-development PartnerDesign Tower Stuttgart mbH is a wholly-owned subsidiary of Bülow AG that served as the developer for the Porsche Design Tower Stuttgart project. The subsidiary developed approximately 16,000 m² of above-ground floor space on its own property at Pragsattel, Stuttgart.
• Porsche Deutschland GmbHcoreStrategic or Co-development PartnerPorsche Deutschland GmbH developed the new Porsche Centre on the same total property site at Pragsattel, Stuttgart, alongside the Porsche Design Tower developed by Bülow AG's subsidiary.
• Radisson Hotels Deutschland GmbHcoreChannel Partner/ Reseller/ DistributorRadisson Hotels Deutschland GmbH is a long-term tenant occupying floors 9-23 of the Porsche Design Tower Stuttgart, operating the hotel portion of the mixed-use tower.
• Adagio (Longstay Hotel)coreChannel Partner/ Reseller/ DistributorAdagio operates a longstay hotel with 121 units in Block B of the Stuttgarter Höfe development, representing a major hotel tenant partnership for the mixed-use project.
• DataOrga GmbHminorOthersDataOrga GmbH serves as Bülow AG's external data protection officer (Datenschutzbeauftragter), providing GDPR compliance services.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Instone Real Estate: Essen-headquartered German residential and mixed-use developer, listed on the Frankfurt Stock Exchange. Directly comparable in size, German regional focus, and integrated project development approach for residential and commercial properties.
• Bauwens: Cologne-based German real estate developer with a heritage similar to Bülow, covering residential, office, and mixed-use projects. Comparable in mid-sized integrated development approach and long-established German regional market presence.
• ECE Group: Hamburg-based full-service real estate developer and operator focused on retail, office, and mixed-use projects across Germany and Europe. Comparable to Bülow in integrated development capability, German market focus, and mid-to-large project scale across commercial and residential segments.
• Bayerische Hausbau: Munich-based Bavarian real estate developer with a diversified portfolio of residential, commercial, and mixed-use projects. Comparable to Bülow in South German market focus, integrated development capability, and project portfolio scale.
• GBI AG: German real estate developer focused on residential, hotel, and office projects with an integrated development approach. Comparable to Bülow in project mix, German market focus, and full-service capabilities including construction and property management.
• Euroboden: Munich-based German developer specializing in design-led premium residential and commercial projects with strong architectural identity. Comparable to Bülow in architect-driven approach, South Germany focus, and emphasis on design quality and sustainability.
• Kondor Wessels: Düsseldorf-based German real estate developer active in residential, office, and hotel projects. Comparable to Bülow in integrated project development, German market focus, and ability to deliver mixed-use schemes including hotel components.

Regional players

• Ten Brinke Group: Dutch/German family-owned real estate developer active in residential, commercial, and logistics projects across Europe. Comparable to Bülow in family-owned heritage and integrated project approach, but primarily serves Netherlands and Western Germany rather than South Germany.

Broad incumbents

• Hochtief: One of Germany's largest construction and real estate development groups, controlled by Spain's ACS. A much broader incumbent with infrastructure and global operations, but overlaps with Bülow in German commercial and mixed-use real estate development.
• STRABAG: Austrian-headquartered major European construction and real estate developer with significant German operations. A broad incumbent that overlaps with Bülow in German real estate development and construction services, but at much larger scale and broader geographic footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks1 record

Key highlights1 record

Customer concentration

• LinkedInlinkedin.com/company/buelow-ag

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 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 Bülow Aktiengesellschaft