CENTRUM

What CENTRUM does

CENTRUM Development GmbH is a privately held German real estate developer, founded in 1998 and headquartered in Düsseldorf. The company focuses on two product lines: high-quality retail properties in prime inner-city shopping locations and modern, sustainable office buildings. Its portfolio spans five top-tier German metropolitan markets — Düsseldorf, Berlin, Munich, Hamburg, and Frankfurt — with flagship assets on addresses such as Königsallee, Kurfürstendamm, Goethestraße, and Spitaler Straße. Notable projects include the KII development in Düsseldorf (featuring Europe's largest green facade and both DGNB Platinum and Diamond certifications, designed by Ingenhoven), the SPREESIGHT mixed-use ensemble in Berlin (approximately 24,000 sqm of office and 7,000 sqm of residential space with geothermal energy, planned completion 2026), and Ku'damm Eck in Berlin (20,000 sqm, completed 2023, designed by gmp and ioo Architekten).

The company operates both as a principal developer (developing and selling/leasing its own assets) and as a service developer for third-party owners (for example, DRVB G 6-10 GmbH for SPREESIGHT). Revenue is generated through one-time real estate transactions — sale and lease of completed commercial properties — with pricing set on a quote, per-asset basis. All projects since 2016 have carried DGNB Platinum certification, reflecting a sustained ESG commitment. The go-to-market is sales-led, relying on direct relationships with international luxury retail brands and corporate office tenants, with the corporate website as the primary marketing channel. The company has no proprietary technology platform or AI capabilities, operating as a traditional architectural and construction-led developer.

The company's operating context is materially stressed: news reports from July 2026 indicate the successor entity has become insolvent, founder and sole Managing Director Uwe Reppegather is under public prosecutor investigation, and Deutsche Rück was required to bail out the company to hedge its risk exposure to the SPREESIGHT project. These events materially affect the company's go-concern status, despite an active project pipeline extending through 2028.

Name

CENTRUM

Legal name

CENTRUM Development GmbH

Website

https://centrum-group.de

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

CENTRUM Development GmbH is a German real estate developer of high-quality retail and modern office properties in prime inner-city locations across Düsseldorf, Berlin, Munich, Hamburg, and Frankfurt, serving international retail brands and corporate office tenants via direct sales and leasing.

Ownership category

akta.pro rank

Headquarters

HQ city

Düsseldorf

HQ country

Germany

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Technology or R&D

Revenue model

1. Real Estate Development and Sales: CENTRUM generates revenue through the development and sale/lease of commercial real estate properties. Projects include high-quality retail spaces in prime shopping streets (Königsallee, Kurfürstendamm) and modern office buildings. The company develops properties for its own portfolio as well as acting as service developer for third-party owned projects.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

CENTRUM Development GmbH develops high-quality retail and modern office real estate in prime inner-city locations across major German metropolises (Düsseldorf, Berlin, Munich, Hamburg, Frankfurt). The company builds premium retail and luxury properties on prestigious shopping streets such as Königsallee, Kurfürstendamm, Goethestraße, and Spitaler Straße, as well as sustainable, architecturally distinctive office buildings, with all projects since 2016 holding DGNB Platinum sustainability certification. CENTRUM operates both as a principal developer for its own portfolio and as a service developer for third-party-owned properties such as SPREESIGHT.

Product overview

CENTRUM Development GmbH is a German real estate development company operating two core product lines: High Quality Retail (premium retail and luxury properties in prime inner-city locations) and Modern Offices (high-quality, sustainable office spaces). Its portfolio spans multiple German metropolitan markets (Düsseldorf, Berlin, Munich, Hamburg, Frankfurt) and includes named property developments such as the SPREESIGHT (Gutenbergstraße 6-10) mixed-use ensemble, KII (Köbogen 2) in Düsseldorf with Europe's largest green facade, and multiple retail properties on prestigious addresses like Königsallee and Kurfürstendamm. The company acts as developer and service developer for third-party-owned properties, with a consistent focus on DGNB sustainability certifications (Platinum, Gold, Diamond).

Differentiator

Problem solved

Functional benefit

Products and services

• High Quality Retail Development of premium retail and luxury real estate properties in prime inner-city locations, featuring iconic architecture and generous floor plans for international brands. Portfolio includes properties on Königsallee, Kurfürstendamm, Goethestraße, Spitaler Straße and other premier German shopping streets.
• Modern Offices Development of high-quality office spaces combining design, functionality, and sustainability, creating representative, climate-friendly buildings with flexible floor plans for modern workstyles. Includes projects with DGNB Platinum certification and innovative features such as geothermal energy.
• KII (Köbogen 2, Düsseldorf) Commercial development in Düsseldorf featuring 5,000 sqm of space, designed by Ingenhoven architects, holding both DGNB Platinum and DGNB Diamond certifications and featuring Europe's largest green facade.
• SPREESIGHT (Gutenbergstraße 6-10, Berlin) Mixed-use building ensemble in Berlin with approximately 24,000 sqm of office space and 7,000 sqm of residential area, featuring geothermal energy and DGNB Platinum certification; CENTRUM acts as service developer for the property owner DRVB G 6-10 GmbH, with approximately 30% of office space pre-leased and planned completion in 2026.
• Königsallee 46, Düsseldorf Luxury retail property on Düsseldorf's premier 1A shopping address, undergoing renovation of the front building and extension via partial demolition and new rear construction, with DGNB Gold certification.
• Goethestraße 5, Frankfurt Retail property in Frankfurt with 1,750 sqm of space, designed by HPP Frankfurt, with planned completion in 2028.
• Alexanderhaus, Berlin Retail property in Berlin with 7,500 sqm of space, completed in 2019.
• Spitaler Straße, Hamburg Retail property in Hamburg with 2,000 sqm of space, completed in 2016/2017.
• Kurfürstendamm 12-15 (Gloria Altbau), Berlin Heritage building complex on Kurfürstendamm in Berlin with 11,000 sqm of space, designed by Ortner & Ortner Baukunst, completed in 2021, with the Gloria Altbau component certified under DGNB.
• Ku'damm Eck, Berlin Large-scale commercial development in Berlin with 20,000 sqm of space on two plots, designed by gmp and ioo Architekten, completed in 2023.
• Königsallee 36, Düsseldorf Retail property on Königsallee in Düsseldorf with 1,870 sqm of space, designed by Structurelab, completed in 2022/2023.
• Schadowplatz 12, Düsseldorf Retail property in Düsseldorf with 1,400 sqm of space and 800 sqm of commercial space, designed by Structurelab, completed in 2018.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Market position

Competitive moat3 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 CENTRUM