Espace Real Estate

What Espace Real Estate does

Espace Real Estate AG is a Swiss real estate company founded in 2000 and headquartered in Solothurn, publicly listed on the Berner Kantonalbank OTC-X market (Valor 255740) with a portfolio market value of CHF 890.50 million and total equity of CHF 415.33 million. The company owns and manages approximately 59 residential and commercial properties concentrated in the Swiss Mittelland cantons of Solothurn, Bern, Aargau, Luzern and Schaffhausen, serving roughly 1,467 tenants through a recurring monthly rental model. Property types span standard residential apartments (1.5 to 5.5 rooms), commercial offices and retail, healthcare facilities, serviced apartments in Grenchen and Solothurn, and specialized care-oriented housing within the VISAVIE quarter in Biel.

The company operates an integrated value chain spanning in-house development, construction oversight and full-service property management, supported by two proprietary digital platforms: the myespace.ch tenant portal for residential and commercial tenant services, and fastspace.ch, a commercial leasing platform launched in 2021. Distribution combines direct channels (proprietary portals, on-site viewings, dedicated property management teams for residential and commercial segments) with third-party marketplace listings on ImmoScout24. New developments are built to the Swiss Sustainable Building Standard (SNBS), the portfolio runs at a 5.30% vacancy rate, and the company holds the first-place ESG ranking among OTC-X listed companies with 27 of 30 ESG questions answered positively.

Revenue is generated primarily through recurring monthly residential and commercial rental income, supplemented by property management services for owned assets and one-time development margin from in-house construction projects (Hofgarten III in Bellach, Wissbächli in Grenchen, Wohnen am Sagibach in Subingen, among others). Capital is raised through periodic rights-offering capital increases (most recently CHF 33.2 million in May 2023), and growth is executed via a mix of organic development and bolt-on portfolio acquisitions such as Kofmehl AG in 2023 and 93 apartments in Zuchwil in 2021. The company employs 16 staff (13.50 FTE) and is led by CEO Lars Egger with CFO Christian Froelicher and a Board chaired by Dr. Andreas Hauswirth.

Name

Espace Real Estate

Legal name

Espace Real Estate AG

Website

https://espacereal.ch

Company type

Public

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Espace Real Estate AG is a Swiss publicly listed (OTC-X) real estate company that owns, develops and manages a CHF 890 million portfolio of approximately 59 residential and commercial properties serving around 1,467 tenants across the Swiss Mittelland cantons of Solothurn, Bern, Aargau, Luzern and Schaffhausen.

Ownership category

akta.pro rank

Product category

Residential Real Estate

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131), Lessors of Other Real Estate Property (531190)

SIC

Real Estate Dealers (For Their Own Account) (6532), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Corporate Housing Property Management (Owner-Managed / Third-Party) (THAMAHAJ)

akta.pro secondary industry

Corporate & Executive Short-Term Housing Management (BPAJAIAH)

Keywords

• Residential real estate
• Commercial property rental
• Property management services
• Real estate development
• Tenant portal services

Headquarters

HQ city

Solothurn

HQ country

Switzerland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Rental Income: Primary revenue stream from renting residential apartments across the portfolio. The company manages ~59 properties with approximately 1,467 tenants in rental properties as of 2021.
2. Commercial Rental Income: Revenue from commercial tenants including offices, retail spaces, and healthcare properties. Commercial spaces are selectively mixed with residential to increase revenue stability.
3. Property Management Services: Full-service property management including administration, maintenance, and tenant relations for owned and potentially third-party properties.
4. Development and Construction: Through affiliated entities, Espace develops new properties for its own portfolio, creating value through the development process. Projects include residential, commercial, and mixed-use developments.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Espace Real Estate AG owns, develops, and manages a portfolio of residential and commercial real estate properties across the Swiss Mittelland region (Solothurn, Bern, Aargau, Luzern, Schaffhausen). The company rents approximately 1,467 residential and commercial units across 59 properties (market value CHF 890.5 million), develops new construction projects with SNBS sustainability certification, and provides full-service property management. Operations are supported by two proprietary digital platforms: myespace.ch (tenant portal for residential tenants) and fastspace.ch (commercial space rental platform launched 2021).

Product overview

Espace Real Estate AG operates as a Swiss real estate company offering a comprehensive property ecosystem centered on rental housing and commercial spaces. The core portfolio includes residential and commercial rental properties across the Swiss Midlands (focusing on Solothurn, Bern, Aargau, Luzern, and Schaffhausen cantons), new construction development projects, and existing property management. Key digital products supporting the portfolio include myespace.ch - a tenant portal for 24/7 access to housing services, and fastspace.ch - a rental platform for commercial spaces featuring automated leasing processes. The company also offers serviced apartments as a modular add-on to the residential offering.

Differentiator

Problem solved

Functional benefit

Brands

• myespace: Tenant portal platform for renters of Espace Real Estate properties.
• fastspace.ch

Products and services

• myespace Tenant Portal Proprietary digital tenant portal (myespace.ch) that gives renters of Espace Real Estate properties 24/7 access to tenant services, rent management, and information related to their housing experience.
• fastspace.ch Commercial Rental Platform Digital rental platform (fastspace.ch) for commercial and business premises, enabling automated rental processes and transparent workflows for leasing offices, retail spaces, and serviced apartments operated by Espace Real Estate.
• Rental Properties (Mietangebote) Residential and commercial rental property offerings including apartments (1.5 to 5.5 rooms) and workspaces available for lease across the portfolio in the Swiss Mittelland region. Listings include specific units such as a 4.5-room apartment in Grenchen and a 520 m² commercial space in Köniz.
• New Construction Projects (Neubauten/Projekte) Development projects including new residential buildings and neighborhood developments in the Swiss Mittelland region, such as Hofgarten III in Bellach (3 buildings, 80 rental apartments, studio and commercial spaces, SNBS-certified), Hasenmatt in Grenchen (41 apartments), VISAVIE in Biel/Bienne (76 apartments across 3 stages), and Wissbächli in Grenchen.
• Existing Properties (Bestandesliegenschaften) Portfolio of existing residential and commercial properties available for rent in established locations across the Swiss Mittelland region.
• Serviced Apartments Fully furnished temporary housing units in Grenchen and Solothurn, designed for immediate occupancy with all amenities included, marketed through the fastspace.ch platform.

Quantifiable outcome

• 5.30% vacancy rate (2021), down from 5.62% year prior
• +3 more outcomes

Named customers3 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

Integration9 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, minor and support.

• SSM Architekten AGcoreImplementation/ SI/ Consulting Partner · 29 May 2025Architectural firm responsible for design of the Hofgarten III project in Bellach. Partnership for sustainable residential development with SNBS certification standards.
• BAULINK AGcoreImplementation/ SI/ Consulting Partner · 29 May 2025General contractor (Totalunternehmung) for the Bellach Hofgarten III project. Responsible for construction execution of the 3-building, 80-apartment development.
• Raumformer Hand WerkeminorOthers · 29 May 2025Craft workshop that created a custom time capsule for the Bellach Hofgarten III groundbreaking ceremony.
• ImmoScout24 Schweiz AGcoreChannel Partner/ Reseller/ DistributorSwiss real estate marketplace platform used to display Espace property listings. Properties are linked via embedded scripts from stats2.immoscout24.ch.
• Google Ireland LimitedsupportTechnology or IntegrationProvides Google Analytics (web analytics with IP anonymization), Google Maps (location display), YouTube (video hosting), and reCAPTCHA (form security) services.
• WeLoveYou AGsupportTechnology or IntegrationProvider of cookie consent management platform (wly.wp.plugin.cookieconsent) for GDPR/Swiss DSG compliance.
• EQS Group AGsupportTechnology or IntegrationNewsletter distribution platform used for sending company newsletters and investor communications.

Scale indicators12 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Mobimo Holding AG: Swiss-listed real estate company with a mixed residential and commercial portfolio across German-speaking Switzerland. Directly comparable to Espace Real Estate in asset mix, geographic focus and integrated ownership-plus-management model, though at materially larger scale.
• Allreal Holding AG: Swiss real estate company combining own residential and commercial portfolio with development and general contractor activities. Closest like-for-like peer to Espace given the integrated development-ownership-management business model.
• Peach Property Group AG: Swiss-headquartered residential real estate company focused on mid-market rental housing in the DACH region. Comparable investment-profile peer with similar focus on residential rental income and portfolio growth through acquisitions.
• Plazza AG: Swiss real estate company focused on residential and commercial properties in select Swiss regions. Comparable in scale and Swiss mid-market positioning, relevant for valuation and shareholder-return benchmarking.
• Züblin Immobilien Holding AG: Swiss real estate company with a focused residential and commercial portfolio. Similar mid-cap Swiss REIT-style mandate, offering a comparable lens on valuation and capital structure.
• Intershop Holdings AG: Swiss real estate company focused on commercial properties. Comparable investment vehicle for Swiss real estate exposure, useful for benchmarking capital allocation and valuation multiples.
• BVZ Holding AG: Smaller Swiss real estate company with a regional and Alpine canton focus. Comparable in size, structure and Swiss-targeted strategy, useful as a like-for-like benchmark for valuation and operating metrics.
• Warteck-Invest AG: Swiss real estate investment company with a long-term residential and commercial portfolio. Closely comparable in scale, portfolio character and Swiss mid-market orientation; an Espace board member (Stephan A. Müller) also sits on the Warteck-Invest board.

Broad incumbents

• PSP Swiss Property AG: Large, established Swiss real estate company predominantly focused on prime office properties. A broader incumbent in the same Swiss real estate space, offering comparison on capital structure and cost of capital rather than portfolio composition.

Emerging players

• HIAG Immobilien Holding AG: Swiss real estate company with a focus on industrial, commercial and residential redevelopments in Switzerland. Comparable in integrated development-plus-ownership approach, though tilted toward industrial reconversions rather than residential rentals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/espacerealestateag
• LinkedInlinkedin.com/company/espacerealestate
• Instagraminstagram.com/espace_real_estate_ag

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

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 Espace Real Estate