GWH WertInvest

What GWH WertInvest does

GWH WertInvest GmbH is a Frankfurt am Main-based fund initiator (Geschäftsführer: Olaf Roßner) that structures and issues open-ended real estate special funds (Immobilien-Spezialfonds) for German institutional investors, with a primary focus on Sparkassen (savings banks). It is wholly owned by GWH Immobilien Holding GmbH, which itself sits within the Helaba (Landesbank Hessen-Thüringen) banking group; this ownership chain provides both the residential real estate sourcing engine and the bank-group distribution credibility underwriting the issuer's go-to-market. The mandate targets CORE-class multi-family residential buildings in selected German regions, with a stated target total fund size of EUR 300-500 million, and the fund lifecycle is designed to deliver rental income, appreciation, and professional asset management to LPs seeking alternatives to negative-yield fixed-income products.

The company's core "product" is the fund vehicle itself rather than a technology platform; sources explicitly disclose that there are no proprietary technology systems and no API, SDK, or MCP endpoints. Operational substance is delivered through partner infrastructure: INTREAL serves as the Service-KVG (Kapitalverwaltungsgesellschaft) founded in 2009, absorbing all investment-law administration, while GWH Immobilien Holding contributes the asset-management stack — approximately 400 employees (including ~100 on-site caretakers, construction engineers, and architects), ~45,000 owned residential units, ~5,000 third-party administered units, ~5,000+ developed row houses/owner-occupied apartments, and a customer-service network across ~90 German locations. Reporting cadence is structured to reach property-level granularity for LP transparency. The management bench includes Olaf Roßner (CEO, 21 years in Publikums- and Spezialfonds), Matthias Voss (GWH Holding Geschäftsführer), Christian Wedler (project/quarter development, 30 years), Michael Herrmann (~15,000 units transacted), Sven Brawanski (Finance, M&A background), and Harald Horstkotte (real-estate law).

Commercially, GWH WertInvest runs a sales-led, relationship-driven GTM: direct institutional outreach to Sparkassen and similar buyers, leveraging the Helaba/Sparkassen-Finanzgruppe network, the GWH brand, and the institutional credibility of a state-bank parent. Revenue is generated via management and related fees on the open-ended special real estate funds under management (managed_services model). Pricing, minimums, and fee tiers are not publicly disclosed and engagement is quote-based; there is no consumer-facing distribution. No revenue figure, AUM time-series, funding round, M&A, or product launch beyond the established Spezialfonds mandate is disclosed in the source material, so quantitative growth cannot be triangulated from public data alone.

Name

GWH WertInvest

Legal name

GWH WertInvest GmbH

Website

https://gwh-wertinvest.de

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

GWH WertInvest GmbH is a Frankfurt-based fund initiator that structures open-ended German residential real estate special funds (Spezialfonds) for institutional investors, primarily Sparkassen, and is wholly owned by GWH Immobilien Holding within the Helaba banking group.

Ownership category

akta.pro rank

Product category

Real Estate Fund Management

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Vehicles (52599)

SIC

Real Estate Investment Trusts (6798)

akta.pro primary industry

Real Estate Funds — Core (Stabilized, Income) (FSANAEAF)

Keywords

• Real estate funds
• Special real estate funds
• Institutional investors
• Residential property investment
• Fund management services

Headquarters

HQ city

Frankfurt

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fund Management Fees: GWH WertInvest generates revenue through management fees from the open special real estate funds it establishes. The funds invest in multi-family residential properties in Germany, targeting 300-500 million Euro in total fund size. Returns are generated through rental income, property appreciation, and professional asset management over the fund lifecycle.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

GWH WertInvest GmbH initiates and issues open-ended real estate special funds (Spezial-Immobilienfonds) that invest in CORE-class multi-family residential buildings in selected German regions. The funds target institutional investors such as Sparkassen, with a planned total fund size of EUR 300–500 million, offering professional asset selection, management, and transparent property-level reporting.

Product overview

GWH WertInvest GmbH is a real estate fund company that issues open-ended real estate special funds (Spezial-Immobilienfonds) for institutional investors such as savings banks (Sparkassen). The company operates as the fund initiator, leveraging the real estate expertise of the GWH Immobilien Holding, with INTREAL serving as the service KVG (Kapitalverwaltungsgesellschaft) for fund administration, and Helaba as sponsor and financial partner. The funds invest in multi-family residential complexes (Mehrfamilienhaus-Wohnanlagen) in selected German regions, classified as CORE risk class real estate, with a target fund size of 300-500 million euros. No individual named fund products or sub-products are identified in the source material.

Differentiator

Problem solved

Functional benefit

Products and services

• Open-ended Special Real Estate Funds (Spezial-Immobilienfonds) Open-ended real estate special funds investing in CORE-class multi-family residential buildings in selected German regions, targeting a total fund size of EUR 300–500 million and designed for institutional investors such as Sparkassen.

Quantifiable outcome

• Target fund size of 300-500 million Euro
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• INTREALcoreImplementation/ SI/ Consulting Partner · 1 January 2009INTREAL is a specialized service-KVG (Kapitalverwaltungsgesellschaft) founded in 2009 and is the first service-KVG focused exclusively on the establishment and administration of real estate funds for third parties. As capital management company, INTREAL assumes all investment law tasks and requirements for the operation and management of a KVG and funds issued through it. The partnership ensures regulatory compliance for the GWH WertInvest funds.
• GWH Immobilien Holding GmbHcoreStrategic or Co-development PartnerGWH Immobilien Holding GmbH is the parent company and fund initiator, with nearly 100 years of experience in residential real estate. It manages approximately 45,000 residential units and provides the full range of real estate competencies including development, property management, and value enhancement services. The company serves as the asset manager bringing competence across the entire value chain of the fund product lifecycle.

Scale indicators5 records

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Deka Immobilien Investment: Real estate arm of DekaBank/Sparkassen-Finanzgruppe, one of the largest German open-ended real estate fund managers. Offers open-ended real estate funds (both retail and special) and competes for the same Sparkassen capital pool, but at significantly greater scale.
• Commerz Real: Real estate subsidiary of Commerzbank, manager of the open-ended hausinvest fund and institutional mandates. Active in German residential and commercial real estate fund products with similar CORE/conservative orientation.
• Union Investment Real Estate: Real estate investment arm of Union Investment Group within the cooperative banking sector. Manages open-ended and special real estate funds targeting German institutional investors, including Volksbanken/Raiffeisenbanken; broad incumbent in the same institutional channel.

Direct peers

• LBBW Immobilien: Real estate investment arm of Landesbank Baden-Württemberg, active in real estate fund products for institutional investors including savings banks. Comparable as a Landesbank-affiliated fund platform targeting a similar institutional German client base.
• Real I.S. AG: Munich-based independent fund initiator and asset manager specializing in open-ended and closed-ended real estate special funds for institutional investors in Germany, Austria and France. Highly comparable to GWH WertInvest in mandate, customer base (Sparkassen, insurers, pension funds) and product structure.
• KanAm Grund: Frankfurt-based independent fund initiator with focus on open-ended and special real estate funds for institutional investors, including German Sparkassen and banks. Directly comparable in niche positioning within the German institutional real estate fund market.
• HANSAINVEST Real Assets: German capital management company that initiates and administers real estate special funds for institutional investors (often Sparkassen-associated). Directly comparable as a KVG-backed fund initiator targeting the same LP base.
• Wealthcap (Wealth Management Capital Holding): Subsidiary of UniCredit/HypoVereinsbank that initiates real estate funds and mandates for institutional and semi-institutional investors in Germany. Comparable in product mix (open-ended and closed-ended funds) and Sparkassen-adjacent distribution.
• Catella Real Estate: Munich-based fund initiator managing open-ended and closed-ended real estate funds for institutional investors across Europe, with significant German residential exposure. Closely comparable in fund structure, customer profile and asset class.

Emerging players

• Quantum Immobilien AG: Independent Hamburg-based real estate investment manager with institutional fund products covering German residential and commercial assets. Comparable as a smaller, specialist competitor active in the German institutional real estate fund segment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/gwh-wertinvest-gmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 GWH WertInvest