AS Group of Companies

What AS Group of Companies does

AS Unternehmensgruppe GmbH is a privately held German real estate firm founded in Berlin in 2000 by Andreas Schrobback. Operating across six German locations — Berlin-Grunewald headquarters plus wholly owned subsidiaries in Hamburg, Leipzig, Magdeburg, Köln, and Frankfurt am Main — and employing more than 45 staff, the company functions as an integrated real estate investor, developer, and investment manager serving primarily private capital investors in Germany.

The product portfolio is organized around four residential property categories: heritage/monument-protected properties (Denkmalimmobilien) qualifying for accelerated German tax depreciation of up to 9% annually over 10–12 years; newly constructed residential buildings; existing residential stock (Bestandsimmobilien); and care/nursing facilities (Pflegeimmobilien) with state-secured rental income backed by social insurance and lease terms of up to 29 years. The firm has cumulative sales of over €750 million across more than 4,000 residential units and currently manages approximately 4,500 residential and commercial units through asset, property, and facility management services. A digital feature — interactive 360-degree virtual walkthroughs of completed monument renovation projects — supports marketing of heritage properties, while financing solutions are delivered through partnerships with multiple independent credit institutions, including structures for up to 100% financing of purchase price plus ancillary costs.

The revenue model combines transaction fees on property sales with recurring managed-services fees on the ~4,500-unit portfolio. Distribution is executed through a Germany-wide network of sales partners (Vertriebspartner) combined with direct sales from regional offices, supplemented by digital distribution partnerships (Acquirepad for DACH sales, GenoCrowd for fractional digital investment with Raiffeisenbank im Hochtaunus), industry conference participation, and earned media coverage in outlets such as Focus Money and Forbes. Recent strategic priorities have emphasized digital channel partnerships, industry association engagement via DMB membership, and incremental organizational build-out.

Name

AS Group of Companies

Legal name

AS Unternehmensgruppe GmbH

Website

https://unternehmensgruppe-as.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

AS Unternehmensgruppe is a Berlin-based German real estate investment, development, and management firm serving private capital investors with heritage-protected, new construction, existing, and care facility residential properties across six German cities.

Ownership category

akta.pro rank

Product category

Real Estate Investment and Development

NAICS

Offices of Real Estate Agents and Brokers (53121), Lessors of Real Estate (5311)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Residential Investment Property Brokerage (SFR/Small Multifamily) (BPAJAAAE)

akta.pro secondary industries

Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK), New Construction & Builder Sales (BPAJAAAB), Multifamily Brokerage (BPAJABAD)

Keywords

• Heritage property investment
• Monument-protected real estate
• Residential property development
• Care facility investments
• Asset property management

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Sales - Monument Properties (Denkmalimmobilien): Sale of renovated monument-protected buildings to private capital investors. These properties offer special tax advantages through accelerated depreciation (9% over 12 years for rented properties, 9% over 10 years for owner-occupied).
2. Property Sales - New Construction (Neubauimmobilien): Sale of newly constructed residential properties to investors and end users. New buildings offer 2% linear depreciation over 50 years for tax purposes.
3. Property Sales - Existing Properties (Bestandsimmobilien): Sale of existing residential buildings in the company's portfolio to investors. Linear depreciation over up to 50 years applies.
4. Care Facility Properties (Pflegeimmobilien): Sale of care homes and senior residences to investors. These properties feature long-term leases (up to 29 years) with state-secured rental income through social security systems.
5. Asset Management: Asset and property management services including profitable rental management and exit strategies for investors.
6. Property Management: Property management and facility management services for the company's portfolio of approximately 4,500 residential and commercial units.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

AS Unternehmensgruppe acquires, develops, renovates, and sells residential investment properties in Germany across four categories — monument-protected (Denkmal) buildings, new construction, existing stock, and care/senior facilities — primarily to private capital investors, with full supporting services including financing solutions, nationwide advisory, and ongoing asset, property, and facility management. The company operates the entire real estate investment lifecycle from acquisition through exit strategy as an integrated investor, developer, and investment manager.

Product overview

The AS UNTERNEHMENSGRUPPE is an integrated real estate investment and development company operating across Germany from six locations (Berlin headquarters, Hamburg, Leipzig, Magdeburg, Cologne, Frankfurt). Its core product portfolio consists of four residential property types sold to private capital investors: (1) Denkmalschutzimmobilien – heritage/monument properties with special German tax depreciation benefits; (2) Neubauimmobilien – newly constructed residential buildings meeting current energy standards; (3) Bestandsimmobilien – existing stock properties at lower acquisition cost; and (4) Pflegeimmobilien – care/nursing properties with state-secured rental income backed by social insurance. These core offerings are supplemented by financing solutions, nationwide advisory services, and comprehensive asset, property, and facility management including exit strategies. A digital feature – 360-degree interactive virtual property tours – complements the physical property portfolio by enabling remote exploration of completed monument renovation projects. The company manages the entire real estate investment lifecycle from site analysis and acquisition through project development, construction, marketing, leasing, and ongoing management.

Differentiator

Problem solved

Functional benefit

Products and services

• Denkmalschutzimmobilien (Heritage/Monument Properties) Acquisition, core renovation, and marketing of historically protected buildings qualifying for special tax depreciation under German monument protection law; converted into residential apartments for private investors with accelerated depreciation up to 9% annually over 12 years (rented) or 10 years (owner-occupied).
• Neubauimmobilien (New Construction Properties) Newly constructed residential buildings sold to private and institutional investors, featuring modern energy efficiency standards and contemporary architecture, with 2% linear depreciation over 50 years.
• Bestandsimmobilien (Existing/Stock Properties) Established residential buildings already in use, acquired, renovated as needed, and marketed to private capital investors, typically offering lower acquisition costs compared to new construction, with linear depreciation up to 50 years.
• Pflegeimmobilien (Care/Nursing Properties) Senior living facilities including nursing homes and senior residences marketed to private and institutional investors as inflation-protected capital investments with state-secured rental income through social insurance schemes, lease terms up to 29 years, and average rental yields above 5%.
• Financing Solutions (Finanzierung) Individual financing solutions for private and institutional investors provided through partner banks, including full-price financing of purchase price plus ancillary costs (up to 100% financing) with tailored loan structures and interest conditions.
• Asset, Property and Facility Management Comprehensive management services covering asset management, property management, and facility management, plus profitable exit strategies for investors, applied across the company's portfolio of approximately 4,500 residential and commercial units.
• Nationwide Advisory and Investor Support Germany-wide consulting and support services for investors delivered through a nationwide network of sales partners with proven specialist expertise in residential real estate investment.

Quantifiable outcome

• Over €750 million in transaction volume and 4,000+ residential units sold over 20+ years
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• AcquirepadcoreGTM or Marketing Partner · 28 April 2025Strategic partnership with Acquirepad - a digital platform for professional real estate sales in the DACH region. AS Unternehmensgruppe, as one of Germany's leading specialists for residential and capital investment properties, partners with Acquirepad to leverage digital platform capabilities for professional property sales.
• DMB (Deutscher Mittelstandsbund e.V.)coreOthers · 7 April 2025AS Unternehmensgruppe Holding became a member of the German Mittelstand Association (DMB), a nationwide operating SME federation representing the interests of small and medium-sized enterprises in Germany.
• GenoCrowd GmbHminorGTM or Marketing Partner · 2 August 2021Partnership with GenoCrowd for digital property investment. Enables investors to participate in real estate financing starting from smaller investment amounts with attractive fixed returns and growth rates through investment in property projects.
• Raiffeisenbank im Hochtaunus eGminorGTM or Marketing Partner · 2 August 2021Cooperation with Raiffeisenbank im Hochtaunus as part of the GenoCrowd partnership for digital wealth investment in real estate financing.
• German-wide Sales Partners (Deutschlandweite Vertriebspartner)coreChannel Partner/ Reseller/ DistributorNationwide network of sales partners covering large parts of the German federal territory. Partners work with company employees who have years of expertise and proven specialist competence.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Hamburg Team Gesellschaft für Asset Management mbH: Hamburg Team is a German residential project developer and investment manager active in northern German markets. It shares AS's integrated approach combining development, financing, and asset management for private and institutional residential investors.
• Accentro Real Estate AG: Accentro was Germany's leading listed specialist for Denkmalschutzimmobilien and residential investment properties, directly comparable to AS Unternehmensgruppe's core product focus. It sold refurbished heritage and existing residential buildings to private capital investors using a similar tax-advantage-led value proposition, though it has since entered restructuring.
• ZBI GmbH: ZBI is a German residential real estate fund manager historically focused on Denkmal properties and B-city residential assets for private investors. Its thematic overlap with AS's Denkmal and existing residential strategy makes it one of the closest direct comparables.

Regional players

• Bonava AB: Bonava is a Nordic-listed residential developer with significant German operations in new-build multi-family housing. Its German Neubauimmobilien activities directly overlap with AS's new construction and rental housing (Mietwohnungsbau) segments.

Broad incumbents

• Deutsche Wohnen SE: Deutsche Wohnen is a major German residential real estate owner and manager, now part of Vonovia. It overlaps with AS in serving capital investors seeking German residential exposure and in providing institutional-scale property management services.
• Vonovia SE: Vonovia is Germany's largest residential real estate company, owning and managing hundreds of thousands of apartments. While far larger and more diversified than AS, it competes for the same German private investor demand for stable rental residential assets and operates in the same asset/property management categories.
• PATRIZIA SE: PATRIZIA is a major European real estate investment manager with significant German residential and investment management operations. It competes for institutional capital and overlaps with AS's asset management and investment management services.
• Grand City Properties S.A. Grand City Properties owns and manages a portfolio of residential assets concentrated in densely populated German urban areas. Its investor base and asset focus overlap meaningfully with AS's residential investment thesis and B-city strategy.
• TAG Immobilien AG: TAG Immobilien is a listed German residential real estate company focused on value-add management of apartments in German B cities. It shares AS's orientation toward regional German residential markets and private rental housing demand.
• Adler Group S.A. Adler Group is a German-listed residential real estate company focused on urban apartments and asset management. Despite its current restructuring, its portfolio and product mix closely resemble AS's residential investment and management activities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/as-unternehmensgruppe
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries5 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 AS Group of Companies