Coreo AG
Coreo AG is a Frankfurt-listed real estate investment company that acquires and actively manages value-add residential, commercial, and mixed-use properties in major German cities. It targets 5–20 million euro transactions and currently operates a 13-property, ~70,000 m² portfolio across Germany.
- Company typePublic
- Founded2003
- HeadquartersFrankfurt, Germany
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Coreo AG does
Coreo AG is a Frankfurt am Main–based real estate investment company listed on the Basic Board (Open Market/Freiverkehr) of the Frankfurt Stock Exchange under ticker etr:CORE. The firm acquires and actively manages residential, commercial, and mixed-use properties with value-add potential, targeting investment volumes of approximately 5–20 million euros per transaction in major German conurbations and surrounding regions. Its stated strategy combines opportunistic short-hold resales with a medium-term 'manage to core' approach intended to sustainably increase property values.
As of June 30, 2024, Coreo's portfolio comprised 13 properties spanning roughly 70,241 m² of lettable space across at least 12 German cities — including Frankfurt (St. Martin Tower, 26,128 m², 99% occupancy), Gießen, Kiel, Wuppertal, Wetzlar, Bielefeld, Gelsenkirchen, Göttingen, Wiesbaden, Suhl, St. Georgen, and Delbrück — with occupancy rates ranging from 84% to 100%. Coreo generates revenue primarily through rental income and, intermittently, through realized gains on property dispositions. The firm holds a § 34c GewO permit for real estate brokerage and asset management issued by the Ordnungsamt Frankfurt am Main.
Operationally, Coreo is a small, lean team (11–50 employees) led by CEO Matteo Colusso, with a Supervisory Board chaired by Stefan Schütze and including Dr. Friedrich Schmitz (ex-Deutsche Bank and Commerzbank asset management) and Juan Rodriguez (ex-CFO of FinLab AG). The go-to-market is direct: properties are sourced and acquired bilaterally and discreetly from sellers, while shareholder capital is raised via the public listing. Investor relations are conducted through a structured website, newsletter distribution, and standard public-market disclosures (ad-hoc announcements, financial calendar, shareholder meeting materials). Coreo does not operate a software product or proprietary technology platform; it is a traditional real estate investment and asset management vehicle.
Coreo AG firmographics
Firmographics- Name
- Coreo AG
- Legal name
- Coreo AG
- Website
- https://coreo.de
- Company type
- Public
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Coreo AG is a Frankfurt-listed real estate investment company that acquires and actively manages value-add residential, commercial, and mixed-use properties in major German cities. It targets 5–20 million euro transactions and currently operates a 13-property, ~70,000 m² portfolio across Germany.
- Ownership category
- akta.pro rank
Coreo AG industry classification
Industry- Product category
- Real Estate Investment & Asset Management
- NAICS
- Other Financial Vehicles (52599)
- SIC
- Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Real Assets — Operating Platforms & Direct Investments (FSAAAKAL)
- akta.pro secondary industry
- Real Estate Funds — Core-Plus (FSANAEAG)
Keywords
Where Coreo AG is headquartered
LocationHeadquarters
- HQ city
- Frankfurt
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
Coreo AG business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales, Others
Revenue model
- Property Rental Income: The company generates rental income from its portfolio of residential and commercial properties across Germany. Properties include apartments, office buildings, and mixed-use developments with varying occupancy rates.
- Property Value Appreciation: Coreo AG employs a value-add strategy to increase property values through active asset management. Properties may be held for medium-term appreciation under a 'manage to core' approach, or sold after short holding periods for realized gains.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Coreo AG product offering
Product offeringCore offering
Coreo AG is a Frankfurt-based real estate company that acquires and manages residential, commercial, and mixed-use properties with value-add potential across major German cities. Investments typically range from 5 to 20 million euros per transaction, with the company building a high-yield portfolio via either short-term resale for profit or medium-term 'manage to core' value enhancement. As of June 30, 2024, the portfolio comprised 13 properties with approximately 70,241 m² of lettable space.
Product overview
Coreo AG is a dynamically growing real estate company headquartered in Frankfurt am Main. The company specializes in the acquisition and management of residential properties with significant value-add potential, with investment volumes typically ranging from approximately 5-20 million euros. Coreo AG's portfolio strategy focuses on major metropolitan areas in Germany and surrounding regions. The company pursues both short-term property sales with profit and medium-term 'manage to core' approaches to sustainably increase property values. The portfolio consists of diverse property types including residential, commercial, and mixed-use properties across German cities including Frankfurt, Gießen, Kiel, Wuppertal, Wetzlar, Bielefeld, Gelsenkirchen, Göttingen, Wiesbaden, Suhl, St. Georgen, and Delbrück. Coreo AG does not offer a unified software product or platform; rather, it operates as a traditional real estate investment and asset management company.
Differentiator
Problem solved
Functional benefit
Products and services
- Value-Add Residential Real Estate Investment Selective acquisition of residential and mixed-use real estate portfolios in major German metropolitan areas for value-add investment. Targeted at property sellers and owners seeking professional, discreet transactions for assets with appreciation or development potential, with investment volumes typically of 5-20 million euros per deal.
- Commercial Property Leasing (Portfolio) Leasing of lettable space across Coreo AG's portfolio of 13 commercial, residential, and mixed-use properties (approximately 70,241 m² total) located across German cities including Frankfurt, Gießen, Kiel, Wuppertal, Wetzlar, Bielefeld, Gelsenkirchen, Göttingen, Wiesbaden, Suhl, St. Georgen, and Delbrück. Occupancy rates range from 84% to 100%.
- Active 'Manage to Core' Asset Management Active asset management service aimed at sustainably increasing the value and rental yield of held properties over a medium-term horizon, complementing the company's value-add acquisition strategy.
- Public Equity Investment via Frankfurt Stock Exchange (Basic Board) Public equity ownership offering for investors seeking exposure to a professionally managed German residential real estate portfolio via trading on the Basic Board of the Frankfurt Stock Exchange.
Quantifiable outcome
- Portfolio occupancy rates ranging from 84% to 100% across properties
- +1 more outcomes
Companies that use Coreo AG
Customer profileSegments3 records
Ideal customer profiles2 records
Coreo AG technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Coreo AG partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights5 records
Coreo AG competitors and assessment
Company assessmentDirect peers
- Accentro Real Estate AG: German residential real estate company specializing in the acquisition, refurbishment, and disposal of residential portfolios — directly mirroring Coreo's value-add German residential strategy at a comparable smaller scale.
- Aroundtown SA: European real estate company with significant German office and hotel exposure. Comparable to Coreo as a publicly listed real estate investor operating in Germany with active asset management, albeit with a pan-European footprint and focus on commercial assets.
- Vonovia SE: Germany's largest residential real estate company with ~500,000 units. Direct peer as it operates in the same German residential market with overlapping value-add and portfolio management strategies, though at vastly greater scale than Coreo.
- TAG Immobilien AG: Listed German residential real estate company with ~85,000 units. Highly comparable to Coreo given its explicit value-add strategy in German residential, often acquiring below-radar portfolios and repositioning them — directly mirroring Coreo's stated thesis.
- LEG Immobilien SE: Listed German residential real estate company with ~165,000 units primarily in North Rhine-Westphalia. Comparable to Coreo as a publicly listed, Germany-focused residential operator with active portfolio management, though substantially larger.
- Deutsche Wohnen SE: Major German residential landlord (now majority-owned by Vonovia). Relevant as a direct comparable in German metropolitan residential, though materially larger and with a more stabilized portfolio profile than Coreo's value-add focus.
- Grand City Properties SA: Listed real estate company focused on German residential properties, particularly in densely populated urban areas. Comparable to Coreo in its German metropolitan focus and value-add repositioning playbook.
- WCM Beteiligungs- und Grundbesitz-AG: Smaller German listed real estate company historically focused on commercial real estate with active asset management. Comparable to Coreo as a small-cap German listed real estate platform pursuing active value creation strategies.
- Adler Group SA: German-focused residential real estate company pursuing value-add strategies through portfolio acquisitions and active management. Direct peer to Coreo's value-add residential approach in the German market.
Emerging players
- alstria office REIT-AG: German office REIT pursuing active asset management and value-add strategies in major German cities. Comparable to Coreo as a publicly listed German real estate company with active management philosophy, though focused on office rather than residential.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights5 records
Customer concentration
Coreo AG financial estimates
Financial estimateRevenue estimate
Valuation estimate
Coreo AG leadership team
Management profileNumber of profiles
Profiles4 records
Coreo AG funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Coreo AG M&A and investment
M&A and investmentM&A
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Coreo AG
What does Coreo AG do?
Coreo AG is a Frankfurt-based real estate company that acquires and manages residential, commercial, and mixed-use properties with value-add potential across major German cities. Investments typically range from 5 to 20 million euros per transaction, with the company building a high-yield portfolio via either short-term resale for profit or medium-term 'manage to core' value enhancement. As of June 30, 2024, the portfolio comprised 13 properties with approximately 70,241 m² of lettable space.
Is Coreo AG a public or private company?
Coreo AG is a public company. It is classified as public and is currently operating.
When was Coreo AG founded?
Coreo AG was founded in 2003. It employs 11 to 50 people.
Where is Coreo AG based?
Coreo AG is headquartered in Frankfurt, Germany, in the Europe region.
How does Coreo AG make money?
Two revenue lines are on record. Property Rental Income is the primary driver. The others are property Value Appreciation.
Who are Coreo AG's main competitors?
Direct peers on record are Accentro Real Estate AG, Aroundtown SA, Vonovia SE, TAG Immobilien AG, LEG Immobilien SE, Deutsche Wohnen SE, Grand City Properties SA, WCM Beteiligungs- und Grundbesitz-AG and Adler Group SA. alstria office REIT-AG is listed as an emerging player.
Does Coreo AG have an API?
No public API is recorded for Coreo AG.
What industry is Coreo AG in?
Coreo AG's product category is Real Estate Investment & Asset Management. Its primary akta.pro industry code is FSAAAKAL, Real Assets — Operating Platforms & Direct Investments, with a secondary code of FSANAEAG, Real Estate Funds — Core-Plus. Its NAICS code is 52599 and its SIC code is 6532.