Immoraum
Immoraum GmbH is a Stuttgart-based, owner-managed commercial real estate advisory firm offering brokerage, tenant and owner representation, investment advisory, consulting, and market research across Stuttgart, Baden-Württemberg, and Bayern, serving property owners, family offices, institutional investors, and corporate occupiers.
- Company typePrivate
- Founded2012
- HeadquartersStuttgart, Germany
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Immoraum does
Immoraum GmbH is a Stuttgart-based commercial real estate advisory and brokerage firm founded in 2012, operating as an owner-managed private company (Immoraum GmbH) with a team of 11–50 employees. The firm is led by two managing directors—Sven Kersten (Investment) and Sven Gruber (Leasing)—who are personally engaged on mandates, and serves as the exclusive Stuttgart partner of NAI Partners Germany / NAI Global. Its service platform is organized across six integrated lines: Beratung (strategic consulting), Investment (transaction advisory in the €2–30M mid-cap segment), Vermietung (leasing), Eigentümervertretung (owner representation), Mietervertretung (tenant representation), and Research (market analysis). Customer segments include property owners, family offices and institutional investors, mid-cap investment clients, and corporate/institutional occupiers across Stuttgart, Baden-Württemberg, and Bayern, with named engagements spanning an international bank (~600 m²), a national consulting firm (~1,500 m² at Bosch-Areal), a tax advisory firm (~3,800 m² consolidation), a Family Office acquisition of a Wiesbaden retail center anchored by Netto, and SMB retail/fitness tenants.
The firm operates a pure transaction-based revenue model with no subscription, recurring, or platform fees. Commercial leasing commissions are calculated as multiples of net monthly rent (3x for leases up to 5 years, 4x for 5–10 years, 5x above 10 years; 3.5x for retail plus optional supplements); commercial sales commissions are tiered at 5% up to €5M, 4% from €5–10M, and 3% above €10M of notarized net purchase price; residential sales are flat 5%; hereditary building rights (Erbbaurecht) are 80% of the encumbered land and building value. Go-to-market is exclusively direct advisory, with no franchisees, resellers, or self-service channels; mandates are sourced through senior-partner-led client relationships, referrals, the firm's 595-listing property platform, NAI Global's network, and ongoing content marketing through quarterly market reports and social channels. The firm has disclosed no proprietary technology platform, no AI/ML capability, no external funding, and no parent company; cumulative transaction volume is stated at over €1.2 billion across 400,000+ square meters brokered and 28 reference transactions.
Immoraum firmographics
Firmographics- Name
- Immoraum
- Legal name
- Immoraum GmbH
- Website
- https://immoraum.de
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Immoraum GmbH is a Stuttgart-based, owner-managed commercial real estate advisory firm offering brokerage, tenant and owner representation, investment advisory, consulting, and market research across Stuttgart, Baden-Württemberg, and Bayern, serving property owners, family offices, institutional investors, and corporate occupiers.
- Ownership category
- akta.pro rank
Immoraum industry classification
Industry- Product category
- Commercial Real Estate Brokerage
- NAICS
- Offices of Real Estate Agents and Brokers (531210)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Closing Coordination & Transaction Management (Broker/Agent Support) (BPAJAOAH)
- akta.pro secondary industry
- M&A Advisory (Buy-side/Sell-side) (BPAHADAC)
Keywords
Where Immoraum is headquartered
LocationHeadquarters
- HQ city
- Stuttgart
- HQ country
- Germany
- HQ region
- Europe
Offices1 record
Markets served
Immoraum business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Brokerage Commission – Commercial Leasing: Success-based brokerage commissions for rental and lease transactions. Commission is earned upon signing of the main contract. Rates are based on the net monthly rent multiplied by a factor tied to contract duration, ranging from 3x to 5x the net monthly rent for non-retail leases, and 3.5x plus additional fees for retail leases.
- Brokerage Commission – Commercial Property Sales: Success-based brokerage commissions for the sale of commercial (non-residential) properties. Rates are tiered by transaction value: 5% up to €5M, 4% between €5M–€10M, and 3% above €10M of the notarized net purchase price including all ancillary costs.
- Brokerage Commission – Residential Property Sales: Success-based brokerage commissions for the sale of residential properties. Standard rate of 5% of the notarized net purchase price including all ancillary costs.
- Brokerage Commission – Hereditary Building Rights (Erbbaurecht): Commission for the establishment or transfer of hereditary building rights, calculated at 80% of the sum of the encumbered land and constructed buildings.
- Brokerage Commission – Company Share Transfers: Commission for the transfer of company shares or rights, calculated based on the provisions for purchase contracts, with a minimum value equal to the property value.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Commercial Rental – up to 5-year lease: 3x net monthly rent |
| Transaction based/ take rate | Pay-as-you-go | Commercial Rental – 5 to 10-year lease: 4x net monthly rent |
| Transaction based/ take rate | Pay-as-you-go | Commercial Rental – over 10-year lease: 5x net monthly rent |
| Transaction based/ take rate | Pay-as-you-go | Retail Rental: 3.5x net monthly rent + optional supplements |
| Transaction based/ take rate | Pay-as-you-go | Commercial Property Sale – up to €5M: 5% of net purchase price |
| Transaction based/ take rate | Pay-as-you-go | Commercial Property Sale – €5M to €10M: 4% of net purchase price |
| Transaction based/ take rate | Pay-as-you-go | Commercial Property Sale – above €10M: 3% of net purchase price |
| Transaction based/ take rate | Pay-as-you-go | Residential Property Sale: 5% of net purchase price |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
Immoraum product offering
Product offeringCore offering
Immoraum is a Stuttgart-based commercial real estate brokerage and consulting firm offering strategic real estate advisory, investment transactions, commercial leasing, owner and tenant representation, and market research for office, retail, multi-family, and light industrial assets across Stuttgart, Baden-Württemberg, and southern Germany. Services span the full transaction lifecycle — from location strategy and structured sales processes through to closing — with a mid-cap focus in the €2–40 million range, complemented by the firm's exclusive partnership with NAI Global.
Product overview
Immoraum is a commercial real estate brokerage and consulting firm headquartered in Stuttgart, Germany. It operates as a unified service platform across six distinct but integrated service lines: Beratung (strategic consulting), Investment (transaction advisory), Vermietung (leasing), Eigentümervertretung (owner representation), Mietervertretung (tenant representation), and Research (market analysis). The firm specializes in commercial properties, multi-family houses, and Light Industrial assets across Stuttgart, Baden-Württemberg, and southern Germany, with a Mid-Cap investment focus in the 2–30 million EUR segment. Immoraum acts as exclusive Stuttgart partner of NAI Partners Germany / NAI Global. The firm has no standalone software product — all offerings are professional services delivered through personal advisory engagements.
Differentiator
Problem solved
Functional benefit
Products and services
- Beratung (Strategic Real Estate Consulting)
Quantifiable outcome
- Over €1.2 billion in transaction volume and 400,000+ square meters brokered across all completed deals.
- +1 more outcomes
Companies that use Immoraum
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles3 records
Immoraum technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Immoraum partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- NAI Partners Germany / NAI GlobalcoreImmoraum is the exclusive Stuttgart partner of NAI Partners Germany and NAI Global. This partnership provides Immoraum with direct access to global real estate market data, international investor networks, and cross-border referral pipelines, while Immoraum provides NAI Global with exclusive market coverage in the Stuttgart and Baden-Württemberg region. The partnership is featured prominently on the company's website and in its market publications as a key differentiator.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Immoraum competitors and assessment
Company assessmentDirect peers
- Robert C. Spies: German commercial real estate firm offering brokerage, investment, and consulting services across northern and western Germany. Comparable to Immoraum in office and investment advisory boutique model, though serving different primary geographies (Hamburg/Bremen vs Stuttgart).
- Aengevelt Immobilien: Long-established German commercial real estate firm headquartered in Düsseldorf, providing brokerage, valuation, and advisory services. Comparable to Immoraum in commercial leasing and investment advisory with a similar traditional broker model, though with longer operating history and broader geographic footprint.
- Grossmann & Berger: German commercial real estate firm headquartered in Hamburg with offices across Germany, providing office leasing, investment sales, and valuation services. Comparable to Immoraum in mid-cap investment and tenant/owner representation, though with broader geographic coverage.
- Epple GmbH: Stuttgart-based commercial real estate firm offering brokerage and advisory services in the same Stuttgart/Baden-Württemberg market as Immoraum. Most direct regional peer given overlapping geography, asset-class focus (office, retail, investment), and similar boutique positioning.
- Engel & Völkers Commercial: German-headquartered real estate franchise with a strong commercial division active across Stuttgart and southern Germany. Closely comparable to Immoraum's Vermietung (leasing) and Investment service lines, serving similar mid-market owners and occupiers with a comparable franchise/distributed model.
Broad incumbents
- Colliers International: Global real estate advisory and investment firm with strong German presence in Stuttgart, Frankfurt, and Munich. Directly comparable to Immoraum in office leasing, tenant/owner representation, and investment sales but at significantly larger scale.
- Knight Frank: International real estate consultancy providing commercial agency, investment, and advisory services in Germany. Comparable to Immoraum's Stuttgart-based brokerage and investment advisory services, but operates as part of a global network rather than a regional boutique.
- CBRE Group: Global commercial real estate services firm offering brokerage, investment, and advisory services across all major asset classes. Operates broadly in the same Stuttgart/Baden-Württemberg market as Immoraum but as part of a much wider global portfolio rather than specializing in the regional boutique niche.
- Jones Lang LaSalle (JLL): Global real estate services and investment management firm with full-service capabilities in brokerage, leasing, and capital markets. Competes with Immoraum in Stuttgart office leasing and investment advisory but at much greater scale and geographic breadth.
- Cushman & Wakefield: Global commercial real estate services firm active in German office leasing, investment sales, and tenant representation. Overlaps with Immoraum's Stuttgart/Mid-Cap investment and Vermietung service lines but serves a much broader geographic and asset-class mandate.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Immoraum social profiles
Digital presenceImmoraum financial estimates
Financial estimateRevenue estimate
Valuation estimate
Immoraum leadership team
Management profileNumber of profiles
Profiles3 records
Immoraum funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Immoraum M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Immoraum
What does Immoraum do?
Immoraum is a Stuttgart-based commercial real estate brokerage and consulting firm offering strategic real estate advisory, investment transactions, commercial leasing, owner and tenant representation, and market research for office, retail, multi-family, and light industrial assets across Stuttgart, Baden-Württemberg, and southern Germany. Services span the full transaction lifecycle — from location strategy and structured sales processes through to closing — with a mid-cap focus in the €2–40 million range, complemented by the firm's exclusive partnership with NAI Global.
Is Immoraum a public or private company?
Immoraum is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Immoraum founded?
Immoraum was founded in 2012. It employs 11 to 50 people.
Where is Immoraum based?
Immoraum is headquartered in Stuttgart, Germany, in the Europe region.
How does Immoraum make money?
Five revenue lines are on record. Brokerage Commission – Commercial Leasing is the primary driver. The others are brokerage Commission – Commercial Property Sales, brokerage Commission – Residential Property Sales, brokerage Commission – Hereditary Building Rights (Erbbaurecht) and brokerage Commission – Company Share Transfers.
Who are Immoraum's main competitors?
Direct peers on record are Robert C. Spies, Aengevelt Immobilien, Grossmann & Berger, Epple GmbH and Engel & Völkers Commercial. Broad incumbents are Colliers International, Knight Frank, CBRE Group, Jones Lang LaSalle (JLL) and Cushman & Wakefield.
Does Immoraum have an API?
No public API is recorded for Immoraum.
What industry is Immoraum in?
Immoraum's product category is Commercial Real Estate Brokerage. Its primary akta.pro industry code is BPAJAOAH, Closing Coordination & Transaction Management (Broker/Agent Support), with a secondary code of BPAHADAC, M&A Advisory (Buy-side/Sell-side). Its NAICS code is 531210 and its SIC code is 6531.