HausInvest

Name

HausInvest

Legal name

Commerz Real Investmentgesellschaft mbH

Website

https://hausinvest.de

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Open-Ended Real Estate Fund

NAICS

Open-End Investment Funds (525910)

SIC

Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Managed Accounts & Unified Managed Accounts (UMAs) — Multi-Asset (FSAAAJAE)

Keywords

• Real estate investment fund
• Open-ended property fund
• Commercial property portfolio
• Diversified real estate investing
• Real estate asset management

Headquarters

HQ city

Wiesbaden

HQ country

Germany

HQ region

Europe

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Rental Income: The primary revenue stream is rental income from approximately 4,000 tenants across 160 commercial real estate properties in 17 countries. Income is generated from office (43.0%), retail (13.5%), residential (7.5%), hotels, logistics (3.2%), and other use types. Leases are largely inflation-protected through indexation, step leases, or point systems. Mieteinnahmen (rental income) is collected continuously and forms the basis for annual distributions.
2. Property Value Appreciation: Capital gains from the sale of properties contribute to fund returns. Strategic sales are part of portfolio optimization (e.g., sales in Bergamo and Miami). The fund's net asset value (NAV) grows when property valuations increase, benefiting investors through rising unit prices.
3. Annual Distribution to Investors: HausInvest distributes profits annually in June to investors. The June 2026 distribution was 0.35 Euro per unit. Distributions come from net rental income and realized gains from property sales. Investors can reinvest distributions via automatic reinvestment options.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels9 records

Core offering

HausInvest is an open-ended real estate fund (Offener Immobilienfonds / AIF) that provides private and institutional investors with access to a globally diversified portfolio of 160 commercial and residential properties across 17 countries on 4 continents. Managed by Commerz Real Investmentgesellschaft mbH (a 100% subsidiary of Commerzbank AG), the fund holds €14.7 billion in net fund assets, invests across 13 use types (office, retail, residential, hotels, logistics, etc.), collects rental income from approximately 4,000 tenants, and distributes returns annually to unit holders. Investors can participate with a minimum of €50 (lump sum) or €10 per month (savings plan).

Product overview

HausInvest is a single, unified open-ended real estate fund product managed by Commerz Real, offering investors access to a globally diversified portfolio of 160 properties across 17 countries without direct ownership. The fund focuses on commercial real estate (office, retail, hotels, logistics) and select residential properties in prime locations, with €14.7 billion in assets under management. Related Commerz Real products include klimaVest (renewable energy infrastructure fund) and infraVest (infrastructure fund), which are marketed alongside hausInvest but are distinct investment products.

Differentiator

Problem solved

Functional benefit

Products and services

• hausInvest Open-Ended Real Estate Fund (AIF) An open-ended real estate fund (Offener Immobilienfonds AIF) under KAGB regulation that enables private and institutional investors to access a globally diversified portfolio of 160 commercial and residential properties across 17 countries without direct ownership. The fund has €14.7 billion in net fund assets, 93.1% occupancy, and distributes annual returns (€0.35 per unit in June 2026). Minimum investment is €50 lump sum or €10/month savings plan.

Quantifiable outcome

• 1.7% 1-year value performance (as of 30.06.2026); 23.8% 10-year value performance; 1,289.5% cumulative since inception 1972
• +6 more outcomes

Named customers9 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

15 partnerships are on record, tiered core and minor.

• Millennium Portfolio Sellers (49 German Properties)coreStrategic or Co-development Partner · 1 January 2019In 2019, hausInvest acquired the Millennium Portfolio: 49 high-quality properties in German Top-7 cities from unnamed sellers, representing the largest transaction in the fund's history at that time. The deal expanded the portfolio by approximately 50% to ~150 properties and demonstrated hausInvest's ability to execute large, complex transactions.
• Lehman Brothers (Historical Transaction)minorStrategic or Co-development Partner · 1 January 2004In 2004, hausInvest acquired the Manhattan Mall on Sixth Avenue in New York from Lehman Brothers for approximately 340 million euros, marking the fund's first major US market entry.
• BNP Paribas S.A. Niederlassung DeutschlandcoreOthersBNP Paribas S.A. Niederlassung Deutschland serves as the fund's custodian bank (Verwahrstelle) as required under KAGB regulations. The custodian is responsible for safekeeping fund assets, cash flow monitoring, and oversight of fund management operations.
• Commerzbank AGcoreChannel Partner/ Reseller/ DistributorCommerzbank distributes hausInvest through its branch network across Germany, making the fund available to millions of Commerzbank retail customers. Comdirect, Commerzbank's direct banking subsidiary, also distributes the fund with digital self-service capabilities.
• Sparkassen (German Savings Banks)coreChannel Partner/ Reseller/ DistributorThe German Sparkassen network (e.g., Sparkasse Ingolstadt Eichstätt) distributes hausInvest across their retail customer base, providing nationwide geographic coverage through thousands of branch locations.
• Volksbanken / Raiffeisenbanken (Cooperative Banks)coreChannel Partner/ Reseller/ DistributorGerman cooperative banking groups including Kieler Volksbank distribute hausInvest to their member-customers as part of their financial product offerings, complementing the Sparkassen network.
• Comdirect (Commerzbank Group)coreChannel Partner/ Reseller/ DistributorComdirect offers digital self-service purchase of hausInvest units, including savings plans often without issuance surcharge. Serves as a direct-to-consumer digital distribution channel within the Commerzbank group.
• Scope Fund Analysis GmbHminorStrategic or Co-development PartnerScope provides independent fund ratings (a- AIF) and Asset Management Ratings (AA AMR) for hausInvest and Commerz Real. These ratings serve as third-party validation of fund quality, management competence, and portfolio performance, and are used in hausInvest's marketing and investor communications.
• BVI Bundesverband Investment und Asset Management e.V.minorStrategic or Co-development PartnerCommerz Real is a member of the BVI, Germany's investment and asset management industry association representing 114 fund companies managing €4.8 trillion. BVI membership provides advocacy, standard-setting, and regulatory engagement for the fund industry.
• DGNB — Deutsche Gesellschaft für Nachhaltiges Bauen e.V.minorStrategic or Co-development PartnerCommerz Real is a member of DGNB, Europe's largest sustainability building network (2,800+ member organizations globally). DGNB membership supports hausInvest's sustainability strategy and building certification programs.
• gif — Gesellschaft für Immobilienwirtschaftliche Forschung e.V.minorStrategic or Co-development PartnerCommerz Real is a member of gif, an industry research body bringing together real estate professionals from business and academia to develop solutions and working papers for the property sector.
• Urban Land Institute (ULI) GermanyminorStrategic or Co-development PartnerCommerz Real is a member of ULI Germany, an interdisciplinary network connecting real estate professionals and public sector stakeholders to shape livable, urban environments.
• German Council of Shopping Places (GCSP)minorStrategic or Co-development PartnerCommerz Real is a member of GCSP, the German retail real estate industry association providing national and international networking for knowledge exchange.
• ZIA — Zentraler Immobilien Ausschuss e.V.minorStrategic or Co-development PartnerCommerz Real is a member of ZIA, the German real estate industry association representing the political and economic interests of the entire property sector.
• Hines (Project Development Partner)coreStrategic or Co-development PartnerHines, an international real estate investment and development firm, partnered with hausInvest on the Tucherpark Munich project development. Christian Meister of Hines was present at the opening of the AI factory (KI-Fabrik) at Tucherpark, indicating an active co-development relationship for this flagship urban quarter project.

Scale indicators18 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• UniImmo: Deutschland: Union Investment's open-ended German real estate fund, a direct competitor offering German-focused commercial real estate exposure to retail and institutional investors via the cooperative banking channel.
• Deka-ImmobilienEuropa: Deka Immobilien's flagship open-ended European real estate fund and one of the largest competitors to HausInvest in the German market, with a comparable multi-country commercial real estate mandate and similar retail distribution.
• Catella Wohnen Europa: Catella Real Estate AG's open-ended European residential real estate fund, competing in the same open-ended fund category with residential-focused exposure across European cities.
• KanAm Grundinvest: KanAm Grund Kapitalverwaltungsgesellschaft's open-ended German real estate fund, a smaller but structurally similar competitor targeting the same retail investor segment via German bank distribution.
• DWS Grundbesitz Europa: DWS's flagship open-ended European real estate fund, directly comparable to HausInvest in structure, scale, and retail distribution through Deutsche Bank and independent advisors.
• Swiss Life Living + Working: Swiss Life Asset Managers' open-ended European real estate fund focusing on living (residential) and working (office) assets, comparable in structure and European mandate to HausInvest.
• UniImmo: Europa: Union Investment's pan-European open-ended real estate fund, structurally identical to HausInvest with comparable AUM scale, multi-country diversification, and similar investor base.

Broad incumbents

• Union Investment Real Estate: Parent entity of the UniImmo fund family and one of Europe's largest real estate investment managers, offering a broader portfolio of closed and open-ended real estate vehicles beyond the retail-focused open-ended fund segment.
• Deka Immobilien Investment GmbH: Subsidiary of DekaBank managing the Deka real estate fund family plus institutional mandates, offering broader real estate investment capabilities beyond the open-ended retail fund segment.

Others

• BNP Paribas Real Estate: BNP Paribas's real estate investment management and advisory arm, which also serves as custodian bank (Verwahrstelle) for HausInvest; provides investment management, advisory, and property services that interface with the fund's operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInfacebook.com/hausInvest

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 HausInvest