PREMIUM Immobilien

What PREMIUM Immobilien does

PREMIUM Immobilien GmbH is a privately held real estate developer and investor founded in 1995 and headquartered in Vienna, Austria. The company originates, develops, and disposes of residential and mixed-use projects, with a cumulative track record of more than 9,000 homes delivered across over 300 communities and roughly 7 million square feet of developed space representing more than $2.2 billion in total investment. Operationally it is organized as a developer/investor rather than a property manager: it acquires or controls land, procures entitlements and construction, and either sells stabilized product to institutional buyers (e.g., Lloyd Jones for FIRST Apartments at ~$92M, and disposals associated with Aberdeen Standard and Art-Invest) or sells individual units to retail buyers in flagship Austrian schemes such as Handelskai (€120M), THE ENSEMBLE (€230M), PURE (€125M), and Nußdorfer Straße (€45M).

The company's product surface spans urban infill apartments, mixed-use ensembles, and luxury offerings such as the AMARIS Penthouse, executed through a vertically integrated development platform with in-house design, project management, and capital structuring. There is no software or proprietary technology stack disclosed; the technology layer consists of standard real estate development tools, BIM/CAD workflows, and construction management systems rather than any proprietary IP.

The business model is project-by-project development with one-time revenue recognition on sale or stabilization. In the US, Premium typically executes build-to-sell or build-to-rent strategies and disposes of completed assets to institutional capital (FIRST, FIFTEEN). In Austria and Germany, the mix includes both bulk institutional exits and unit-by-unit retail sales to owner-occupiers and buy-to-let investors. Geographic diversification across Austria, Germany, and the US, combined with joint ventures such as the ARE Austrian Real Estate partnership, provides multi-channel distribution and capital access without any disclosed external institutional ownership of the parent.

Name

PREMIUM Immobilien

Legal name

PREMIUM Immobilien GmbH

Website

https://premiumdevelopment.eu

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

101–250 employees

Short description

PREMIUM Immobilien is a privately held Vienna-based real estate developer and investor founded in 1995, delivering residential and mixed-use projects across Austria, Germany, and the US, with $2.2B+ cumulative investment and 9,000+ homes delivered to date.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Premium Condos, Penthouses & High-End Apartments (THAMAEAC)

Keywords

• Residential real estate development
• Luxury apartment construction
• Multifamily property development
• Real estate project development
• Urban residential development

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Development and Sales: PREMIUM develops residential properties (rental and owner-occupied) and sells completed units to individual buyers, investment firms, and institutional investors. Revenue is generated through development fees, property sales, and appreciation on development projects.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

PREMIUM Immobilien is a real estate project developer and investor that develops premium market-rate residential properties, including luxury multifamily apartment communities, in urban markets across Austria (Vienna, Graz), Germany (Berlin), and the United States (Miami). The company sources sites, manages development and construction, and sells or leases completed units to individual buyers, real estate investors, and institutional investors such as Lloyd Jones, Aberdeen Standard Investments, and Art-Invest Real Estate.

Product overview

PREMIUM Immobilien is a renowned real estate project developer established in Austria in 1995, operating as PREMIUM Group with over 25 years of experience. The company focuses on residential property development across Austria, Germany, and the USA, with a portfolio spanning approximately 330 properties comprising more than 9,000 homes. Their product portfolio consists of luxury residential buildings and communities including: FIFTEEN Apartments and FIRST Little Havana in Miami; PURE at East Side Gallery and NIO Bornholmer Straße in Berlin; THE ENSEMBLE, Handelskai 100, POST QUADRAT, Goldschlagstraße 2, Bonygasse 2, Nußdorfer Straße, Marinelligasse, and Billrothstraße 22 in Austria. Projects range from new constructions to heritage refurbishments, with total investment value exceeding $2.2 billion. The company also offers premium penthouse units such as AMARIS at PURE on the Spree.

Differentiator

Problem solved

Functional benefit

Products and services

• FIFTEEN Apartments A luxury residential building with 132 market-rate apartments ranging from studios to two bedrooms, located at 1420 NW 15 Avenue in Miami's Health District, featuring quartz countertops, designer finishes, stainless steel appliances, rooftop pool, fitness center, co-working spaces, EV charging stations, and private balconies. Targeted at individual renters and buyers, including healthcare workers and first responders with available discounts.
• FIRST Little Havana A 196-unit luxury multifamily community located at 702 SW 1st Street in Miami's Little Havana neighborhood, featuring fitness center, pool, garden area, dog walk, and dedicated parking. Sold as a completed asset to institutional investor Lloyd Jones for $92 million.
• PURE at East Side Gallery A prestigious residential project of approximately 200 high-quality residential units plus commercial and serviced apartment areas in Berlin's Friedrichshain district, directly on the Spree River near Mercedes Platz. Features concierge service, a 500 sqm inner courtyard garden, and a wave-like natural stone facade. Includes the AMARIS Penthouse sub-unit.
• POST QUADRAT A sustainable timber construction residential project in Graz, Austria, with 40 apartments (2-3 room units, 42-61 sqm). Uses wood as the primary building material for eco-friendly construction.
• Handelskai 100 A mixed-use residential complex with 402 units plus commercial space and offices located next to Millennium City in Vienna's 20th district. Features include urban gardening zones, direct Danube views, and sustainability certification.
• THE ENSEMBLE One of PREMIUM's largest residential projects spanning an entire city block at Erdberger Lände 36-38 in Vienna's 3rd district. Features 815 apartments across 10 buildings designed by 7 architecture firms, integrated with 21,500 sqm of public park space. Sold in part to institutional investor Aberdeen Standard Investments.
• NIO Bornholmer Straße A modern ensemble of 9 residential buildings with 194 apartments in Berlin Prenzlauer Berg's Scandinavian Quarter, located directly on the Bornholmer Bridge. Features flexible floor plans from terrace apartments to townhouses to penthouses.
• Billrothstraße 22 A 40-41 unit residential building in Vienna's 19th district (Döbling) with apartments ranging from 40 sqm to 130 sqm. Project volume of €17 million with 4,800 sqm living space.
• Goldschlagstraße 2 An ensemble of 5 period apartment buildings plus new construction in Vienna's 15th district with 140-142 apartments, combining Gründerzeit architecture with modern additions. Won 1st place in the 34th Vienna Urban Renewal Prize.
• Bonygasse 2 A former metal goods factory converted into a residential building in Vienna's 12th district. Won 1st place in the 27th Urban Renewal Award 'From industrial to residential construction'.
• Nußdorfer Straße 90-92 A 7-story modern residential building in Vienna's 9th district (Alsergrund) with 158 fully equipped apartments (35-110 sqm), each with outdoor space. Joint venture with ARE Austrian Real Estate Development.
• Marinelligasse 13-15

Quantifiable outcome

• Successfully completed 300+ communities with 9,000+ homes
• +2 more outcomes

Named customers4 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

Partnerships

Five partnerships are on record, tiered core.

• Walker & Dunlop, Inc.coreChannel Partner/ Reseller/ Distributor · 31 July 2024Walker & Dunlop brokered the sale of FIFTEEN Apartments, a 132-unit luxury multifamily community in Miami's Health District.
• RKW ResidentialcoreChannel Partner/ Reseller/ DistributorRKW Residential handles leasing and property management for FIFTEEN Apartments in Miami.
• Ortega ConstructioncoreStrategic or Co-development PartnerOrtega Construction completed construction of FIFTEEN Apartments in Miami.
• Anillo Toledo Lopez, LLCcoreStrategic or Co-development PartnerAnillo Toledo Lopez, LLC designed the FIFTEEN Apartments community in Miami.
• ARE Austrian Real Estate Development GmbHcoreStrategic or Co-development PartnerJoint venture partner for THE ENSEMBLE project (815 units, €230M) and Nußdorfer Straße project (158 units, €45M) in Vienna.

Scale indicators7 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• S IMMO AG: Vienna-listed real estate company with residential and commercial assets in Austria, Germany, and CEE. Direct comparable in cross-Central-European footprint, premium urban residential exposure, and institutional capital sourcing.
• UBM Development AG: Austrian real estate developer focused on residential, hotel, and office properties across Central Europe. Direct comparable in geography (Vienna), asset class (residential), and project scale, competing with PREMIUM for land, JV partners, and institutional buyers.
• CA Immobilien Anlagen AG: Vienna-headquartered real estate developer and investor with significant residential and mixed-use exposure in Austria and Germany. Direct comparable in city (Vienna), product type (premium residential), and institutional buyer relationships.
• STRABAG Real Estate: Real estate development arm of STRABAG operating in Austria, Germany, and CEE on residential and commercial projects. Comparable in geography, scale of project volumes, and integrated construction-development model.
• Galleon Real Estate: Austrian residential developer focused on premium urban projects in Vienna and CEE. Comparable on city focus (Vienna), asset class (premium residential), and project scale.
• Related Group: Florida's largest privately held real estate development firm, active in luxury multifamily and for-sale residential across South Florida. Direct competitor for Miami land, institutional buyers (Lloyd Jones, etc.), and premium-urban design talent.
• Crescent Heights: U.S. luxury high-rise residential developer active in Miami and other major metros. Directly comparable on product type (luxury multifamily/penthouses), target geography (Miami submarkets), and reliance on institutional bulk-sale exits.
• ARE Austrian Real Estate: Austrian residential and commercial developer; already a JV partner with PREMIUM on THE ENSEMBLE and Nußdorfer Straße. Closely comparable in Vienna project pipeline and product type.

Regional players

• Deutsche Wohnen: Major Berlin-focused residential landlord and developer. Comparable on Berlin residential market exposure and premium urban product, though focused on rental rather than condominium development.

Broad incumbents

• Toll Brothers: Large U.S. luxury homebuilder with multifamily and active-adult rental exposure. Comparable on luxury-residential product positioning but operates at much greater scale and as a public, broad-incumbent platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 PREMIUM Immobilien