Periskop Partners

What Periskop Partners does

Periskop Partners AG is a Berlin-headquartered, independent real estate investment advisor and fund initiator founded in 2016, operating across Germany and Poland through six specialized business lines. Periskop Development is positioned as a European market leader in land and building rights development for housing; Periskop Living invests in senior and assisted living real estate; Periskop Logistics focuses on logistics and light-industrial assets; Periskop Capital provides mezzanine financing in DACH metropolitan areas; Periskop Poland acquires unentitled land and creates buildable plots; and Periskop Opportunities pursues opportunistic strategies in healthcare, data centers, self-storage, and office repositioning. The platform advises and manages funds covering more than 60 assets, with German land holdings equivalent to roughly 672 football fields. The company is organized as a German Aktiengesellschaft and sits under the DLE Group AG holding umbrella.

The firm's client base is institutional: capital for development funds primarily comes from German pension funds, retirement schemes, and insurance companies, supplemented by DACH and international institutional LPs sourced through a dedicated Capital Formation & IR team with named Managing Directors for DACH and International coverage. Distribution combines direct institutional sales with strategic partnerships such as Kensho Investment Group for Japanese institutional investors and LABORGH Investment for Berlin affordable housing co-development. Marketing is B2B-driven via quarterly Germany/Poland market reports, whitepapers (modular construction, Defence Properties, senior living, sale-and-leaseback), EXPO REAL participation, and PR.

Revenue is generated through fund advisory mandates and fund management structures (managed services), with no publicly disclosed fee schedule or minimums; investment minimums are negotiated institutionally. The company differentiates through domain specialization across verticals, integrated ESG criteria (KfW 40 NH QNG, DGNB Gold), government and municipal project pipelines (BImA, state-owned Berlin housing companies), and a five-office European footprint (Berlin HQ, Leipzig, Frankfurt am Main, Warsaw, Zug). Recognition includes the 2026 polis Award Gold for Urban Land Recycling (Blau.Quartier Ulm).

Name

Periskop Partners

Legal name

Periskop Partners AG

Website

https://periskop.ag

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Periskop Partners AG is a Berlin-based independent real estate investment advisor and fund manager operating six specialized verticals — Development, Living, Logistics, Capital (mezzanine), Poland, and Opportunities — across Germany and Poland, serving institutional investors including pension funds and insurance companies with ESG-integrated real estate strategies.

Ownership category

akta.pro rank

Product category

Real Estate Investment Advisory

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)

akta.pro secondary industries

Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support) (BPAJANAC), Real Estate Market Research & Economic Advisory (Demand/Supply, Location Analytics) (BPAJANAD), Real Estate M&A / Joint Venture Advisory (Platform Deals, Partnerships) (BPAJANAF), Real Estate Advisory & Consulting (Strategy, Portfolio & Location) (FSAEAJAH)

Keywords

• Real estate investment advisory
• Fund management services
• Land development
• Senior living investments
• Logistics real estate

Headquarters

HQ city

Berlin

HQ country

Germany

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fund Advisory and Management Fees: Periskop initiates and advises real estate investment funds across development, living, logistics, and capital segments. Revenue is generated through advisory mandates and fund management structures, serving institutional investors and professional investors across DACH and international markets.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Periskop Partners AG is an independent real estate investment advisor based in Berlin that initiates and advises investment funds across multiple real estate verticals in Germany and Poland. Its offerings span land and building rights development, senior and assisted living, logistics and light-industrial real estate, mezzanine financing, and opportunistic strategies targeting healthcare, data centers, and niche assets. The firm serves institutional investors and professional investors through tailored fund mandates, integrating ESG criteria across the entire investment lifecycle.

Product overview

Periskop Partners operates as an independent real estate investment advisor and fund initiator based in Berlin. The company offers a multi-strategy platform consisting of distinct business lines: Periskop Development (land development in Germany), Periskop Poland (land development in Poland), Periskop Living (senior living investments), Periskop Logistics (logistics and light-industrial real estate), Periskop Capital (mezzanine financing in the DACH region), and Periskop Opportunities (opportunistic investments in healthcare, data centers, and niche real estate). The various funds and investment products collectively manage over 60 assets across Germany and Poland, spanning residential development, senior living, logistics, and commercial real estate.

Differentiator

Problem solved

Functional benefit

Brands

• Periskop Development: Land development and building rights development in Germany; European market leader in land and building rights development for housing.
• Periskop Living
• Periskop Logistics
• Periskop Capital
• Periskop Poland
• Periskop Opportunities

Products and services

• Periskop Development A European market leader in land and building rights development, creating the foundation for urgently needed housing with a focus on ESG criteria. Develops large-scale land and neighborhood development projects in Germany, including mixed-use urban quarters, affordable housing, and residential developments.
• Periskop Living A specialized investment manager for senior and assisted living real estate in Germany, addressing the demographic trend of an aging society while offering competitive returns with growth potential.
• Periskop Logistics A specialized investment manager for logistics and light-industrial real estate in Germany, providing modern facilities to support e-commerce growth and industrial production, including ESG-compliant logistics facilities.
• Periskop Capital A mezzanine financing specialist focusing on real estate financing in DACH-region metropolitan areas, bridging the equity-debt gap through alternative financing solutions with ESG integration.
• Periskop Poland A specialized investment manager for land development in Poland, acquiring land without building rights and transforming it into buildable plots for housing in Poland's fastest-growing regions.
• Periskop Opportunities An opportunistic investment platform targeting niche markets including healthcare, modern living, logistics, data centers, and office properties. Focuses on conversions, repositioning, and innovative real estate concepts through flexible structures such as joint ventures and co-investments, with an investment volume threshold above €20 million.

Quantifiable outcome

• More than 60 assets managed across funds advised by Periskop in Germany and Poland
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core and minor.

• LABORGH InvestmentcoreStrategic or Co-development Partner · 13 May 2026LABORGH Investment and Periskop Development collaborate on affordable housing development in Berlin. Periskop Development advises the entity selling development sites, while LABORGH acquires and develops these sites into mixed-use urban quarters. Notable projects include the Sportforum Berlin (Konrad-Wolf-Str.) and Berlin-Karow ('Strasse 52' and 'Strasse 33'). The collaboration creates affordable housing units transferred to state-owned housing companies.
• Kensho Investment GroupcoreGTM or Marketing Partner · 20 April 2026Periskop Partners and Japan's Kensho Investment Group formed a strategic partnership to provide Japanese institutional investors with access to Periskop's ESG-compliant real estate strategies in Germany (Senior Living, Logistics, Light Industrial, Land Development). Kensho uses its fund manager-oriented cooperation model to structure investor access. The partnership expands Kensho's existing activities in residential, office, and renewable energies, and strengthens Periskop's international investor reach.
• AtlasEdgeminorOthers · 1 January 2021AtlasEdge operates a data center opened in mid-July (year unspecified) on a ~20,000 m² sub-plot at the Hulb-West area in Böblingen. Periskop Development successfully marketed and sold this sub-plot to AtlasEdge in 2021 as part of the Hulb-West industrial area development. AtlasEdge provides data center space and connectivity services to regional businesses.
• MAXAR AGminorOthersMAXAR AG acquired the '20 Morgen Stahnsdorf' development site (~51,700 m²) from Periskop Development. MAXAR is developing the site into a mixed-use neighborhood with ~350 residential units and ~60,000 m² GFA, following KfW 40 NH QNG sustainability standards. Construction slated to begin in 2027.
• ShurgardminorOthersShurgard acquired a ~5,100 m² development site in Teltow (Warthestraße 19) from Periskop Development for construction of a modern self-storage facility. Building permit had already been secured. Aengevelt Immobilien provided advisory services for the transaction.
• LINOVAG LADENBAU (EDEKA Group)minorOthersLINOVAG LADENBAU (part of the EDEKA Group) signed a long-term lease with Periskop Logistics for an approximately 10,000 sqm ESG-compliant logistics facility at Berliner Straße 1, Bad Hersfeld, Hesse. This is the second new development on the >200,000 sqm Bad Hersfeld site. CBRE GmbH acted as intermediary.
• Knight FrankminorOthersKnight Frank was exclusively mandated for the marketing of the '20 Morgen Stahnsdorf' project, representing Periskop Development in the sale to MAXAR AG.
• Aengevelt ImmobilienminorOthersAengevelt Immobilien (Berlin) provided advisory services for the sale of the Teltow development site to Shurgard, managing the process from location identification and analysis through sale negotiation moderation to purchase agreement finalization.
• lindenpartnersminorImplementation/ SI/ Consulting PartnerLindenpartners handled the legal aspects of the sale of a 34,500 m² plot within the Königspark project to the Federal Agency for Real Estate (BImA) for the establishment of a customs training center.
• Büro Dr. Vogel GmbHcoreStrategic or Co-development PartnerBüro Dr. Vogel GmbH served as a key development partner in facilitating and advancing the complex coordination and planning processes between the State of Berlin, the Friedrichshain-Kreuzberg district, and Deutsche Bahn for the Urbane Mitte at Gleisdreieck project.
• Hellriegel RechtsanwältecoreImplementation/ SI/ Consulting PartnerHellriegel Rechtsanwälte (law firm) collaborated professionally with Periskop Development on the Urbane Mitte at Gleisdreieck project, providing legal counsel as part of the development partnership.
• CBRE GmbHminorChannel Partner/ Reseller/ DistributorCBRE GmbH acted as the intermediary in the lease transaction between Periskop Logistics and LINOVAG LADENBAU for the logistics facility in Bad Hersfeld.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Commerz Real: German institutional real estate asset manager (Commerzbank group) managing open-ended and special real estate funds for institutional investors, with comparable DACH focus and institutional mandate focus.
• Union Investment Real Estate: One of Germany's largest real estate investment managers, running open-ended real estate funds and special funds for institutional clients with broad sector coverage including residential, logistics, and offices. Overlaps with Periskop on institutional client base and German market.
• INREVI Invest GmbH: Berlin-based real estate investment advisor focused on German institutional real estate funds with thematic strategies. Highly comparable profile as a smaller, specialist German real estate fund advisor serving institutional clients.
• Habona Invest: Frankfurt-based German retail and institutional real estate fund initiator with strategies in neighborhood development, retail, and food-anchored assets. Closely comparable in profile as a German fund initiator serving professional investors.
• KGAL: German institutional real estate investment manager with deep pension fund relationships, multi-asset fund structures, and a focus on long-term capital deployment in DACH. Same institutional LP base and adjacent sector coverage as Periskop.
• Catella: Swedish-headquartered European real estate investment manager with a multi-strategy fund platform (residential, logistics, senior living, transactions) serving institutional clients across DACH and the Nordics. Closely comparable to Periskop in business model, target LP base, and product breadth.
• Patrizia: European real estate investment manager headquartered in Augsburg with multi-strategy institutional and residential funds. Directly comparable as a DACH-focused, multi-vertical investment platform serving institutional LPs.
• Wealthcap: German real estate fund manager (UniCredit/HVB group subsidiary) offering closed-end real estate funds for institutional and semi-institutional investors, with strong DACH residential and commercial coverage. Comparable business model as German fund initiator.

Broad incumbents

• GARBE Industrial Real Estate: Leading German logistics and light-industrial real estate investment manager (formerly Philipp Loth's employer). Operates at significantly larger scale but in the same logistics/light-industrial niche where Periskop Logistics competes.
• CBRE Investment Management: Global institutional real estate investment manager with deep European and DACH presence. Competes for the same pension fund and insurance company mandates and represents the scaled incumbent that Periskop's Capital Formation team originated from.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/periskop-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors1 record

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 Periskop Partners