Allreal
- Company typePublic
- Founded2000
- HeadquartersBaar, Switzerland
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
Allreal firmographics
Firmographics- Name
- Allreal
- Legal name
- Allreal Holding AG
- Website
- https://allreal.ch
- Company type
- Public
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Allreal industry classification
Industry- Product category
- Real Estate Investment and Development
- NAICS
- Real Estate Property Managers (53131), Residential Property Managers (531311), Other Activities Related to Real Estate (531390)
- SIC
- Operative Builders (1531), General Bldg Contractors - Nonresidential Bldgs (1540), Real Estate Dealers (For Their Own Account) (6532)
- akta.pro primary industry
- Multifamily Apartment Property Management (BPAJAFAA)
- akta.pro secondary industry
- New Construction & Builder Sales (BPAJAAAB)
Keywords
Where Allreal is headquartered
LocationHeadquarters
- HQ city
- Baar
- HQ country
- Switzerland
- HQ region
- Europe
Offices5 records
Markets served
Allreal business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Rental Income from Investment Portfolio: Allreal generates recurring rental income from its portfolio of residential and commercial investment properties located in urban Swiss markets, primarily Zürich and Geneva. In 2025, rental income was CHF 204 million, affected by renovations and vacancy rate of 3.4% at year-end 2025.
- Development & Realisation: Allreal develops real estate projects for its own portfolio (held as investment property) and for sale as strata ownership (Stockwerkeigentum). The segment also includes third-party general contractor (Totalunternehmer) services. In 2025, development and realisation income reached CHF 52.9 million with a project volume of CHF 282.6 million. The order backlog stands at CHF 837 million.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Office space at Lindbergh-Allee 1, Glattpark – CHF 290 per m² per year |
| Subscription | Annual | Green Bond April 2025: CHF 125 Mio, 1.375% coupon, 7-year maturity (29.04.2025–29.04.2032) |
| Subscription | Annual | Green Bond October 2025: CHF 110 Mio, 1.04% coupon, 6-year maturity (27.10.2025–27.10.2031) |
| Subscription | Annual | Green Bond April 2024: CHF 150 Mio, 2.100% coupon, 7-year maturity (04.04.2024–04.04.2031) |
| Subscription | Annual | Green Bond April 2023: CHF 150 Mio, 3.000% coupon, 5-year maturity (19.04.2023–19.04.2028) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Allreal product offering
Product offeringCore offering
Allreal operates an integrated Swiss real estate business combining three divisions under one roof: (1) Immobilien — management of an investment portfolio of ~78 residential and commercial properties (~750,000 m², market value ~CHF 5.2 billion) in Zürich and Geneva metropolitan regions; (2) Entwicklung — property development for the own portfolio, third-party institutional clients, and condominium sale; and (3) Realisation — in-house general contractor construction services using BIM and modular methods, delivering projects for Allreal and external clients.
Product overview
Allreal is a Swiss listed real estate company combining three integrated business lines under one roof: Immobilien (property portfolio management), Entwicklung (development), and Realisation (construction). The core portfolio holds approximately 78 properties totaling over 750,000 m² of rentable space in the Zurich and Geneva metropolitan regions, generating stable rental income. The development division creates new residential and commercial projects both for the portfolio and for sale as condominiums (Stockwerkeigentum), supported by the in-house construction team that executes all projects as general contractor. The three divisions operate as an integrated model: portfolio rental income provides financial stability, development generates growth and NAV appreciation, and the construction team ensures efficient delivery and portfolio optimization. Supporting digital tools include BIM services (BIM) for planning and facility management handover, the PIKA platform for condominium buyer coordination, and a digital Mieterportal (imofix) for tenant services.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Portfolio (Immobilien) Allreal's investment portfolio of approximately 78 residential and commercial properties covering over 750,000 m² of rentable space in Zürich and Geneva metropolitan regions, generating stable rental income of CHF 204 million in 2025. Includes 36 residential, 39 commercial, and 4 under construction.
- Property Development (Entwicklung) Development division acquiring land, buildings, and portfolios to create sustainable real estate for the own portfolio, third-party institutional clients, and for sale as condominium ownership (Stockwerkeigentum). FY 2025 development and realisation income of CHF 52.9 million with project volume of CHF 282.6 million.
- General Contractor Construction (Realisation) Allreal's construction division executes development projects as general contractor (Totalunternehmer) for both own and third-party clients, managing all phases from planning through completion. Order backlog of CHF 837 million at year-end 2025, providing approximately 30 months of capacity.
- Property Management (Bewirtschaftung) Allreal manages its own property portfolio with an in-house team covering asset management, leasing, technical maintenance, and tenant relations, supplemented by external property management for select properties.
- Condominium Sales (Stockwerkeigentum) Sale of condominium units developed by Allreal to individual buyers in new-build projects across Zürich, Geneva, Lucerne, and surrounding areas, including Spiserstrasse, Avenue de l'Amandolier, Panorama Eggen, and Strubenacher Living.
- Area Development (Arealentwicklung) Large-scale urban area development services including master planning, phased construction, and tenant mix optimization for complex transformation projects such as Vitus-Areal Winterthur, Bülachguss, and Sonnentalstrasse Dübendorf.
- Green Bonds Green Bond issuances to finance sustainable real estate projects, listed on SIX Swiss Exchange. Four bonds outstanding totaling CHF 535 million (CHF 150M 2023, CHF 150M 2024, CHF 125M 2025, CHF 110M 2025).
- Office Space Rental — Lightcube, Lindbergh-Allee 1 Glattpark Modern Minergie-certified office spaces at the Lightcube building on Lindbergh-Allee 1 in Glattpark, with flexible floor plans ranging from 693 m² to 1,493 m², available at CHF 290 per m² per year with annual parking spaces available.
Quantifiable outcome
- GRESB 4-star rating (86/100) for Standing Investments and 3-star (94/100) for Development — above global GRESB average and in upper performance segment of peer groups
- +3 more outcomes
Companies that use Allreal
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Allreal technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Allreal partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- E2A ArchitectscoreE2A Architects won the overall performance competition together with Allreal in 2017 for the HSW project at the Dreispitz-Areal in Basel. E2A continued as the architect for the project, with Allreal serving as developer and general contractor. E2A was also selected as the winner of the study competition for the project at Sonnentalstrasse near Stettbach station in Dübendorf.
- CBREminorCBRE acts as a leasing agent for Allreal's commercial properties. CBRE broker Elmin Keranovic represents Allreal in leasing the office spaces at Lindbergh-Allee 1 in Glattpark.
- Wüest PartnercoreWüest Partner serves as the external property appraiser for Allreal's portfolio. They conduct bi-annual valuations (June and December) that determine portfolio revaluation gains and losses. Their valuations are based on capitalisation rates, market rents, and interest rate assumptions.
Scale indicators16 records
Recent moves8 records
Expansion highlights6 records
Allreal competitors and assessment
Company assessmentDirect peers
- Implenia: Implenia is Switzerland's largest construction and real estate services company, active as general contractor and developer across residential and commercial segments. Comparable to Allreal's Realisation division and integrated development-construction model.
- Steiner Construction: Steiner is a major Swiss general contractor offering Totalunternehmer services for residential, commercial, and infrastructure projects. Directly comparable to Allreal's construction services, with similar third-party general contracting capabilities in the Swiss market.
- Hiag Immobilien: Hiag Immobilien is a Swiss listed real estate company focused on commercial and residential properties, with active development and area-development projects. Comparable to Allreal's area-development expertise (Arealentwicklung) and urban portfolio focus.
- Investis Holding: Investis is a Swiss real estate company with a mixed portfolio of investment properties and development projects, primarily in the Lake Geneva region. Comparable to Allreal's residential/commercial mix and Western Switzerland focus.
- Swiss Prime Site: Swiss Prime Site is one of Switzerland's largest listed real estate companies, with a prime-location commercial property portfolio comparable to Allreal's CHF 5.2B urban portfolio. Both companies focus on Swiss metropolitan office and retail assets with integrated development capabilities.
- Mobimo Holding: Mobimo is a Swiss listed real estate company with a diversified portfolio across commercial and residential real estate, including development activities. Allreal's Head of Development (Stefan Dambacher) previously led project development at Mobimo from 2010-2017.
- Zug Estates Holding: Zug Estates is a Swiss listed real estate company focused on properties in the Zug region, including development of residential and commercial projects. Comparable to Allreal's Baarermatte development and Zug-area activities.
- PSP Swiss Property: PSP Swiss Property is a leading Swiss listed real estate company focused on commercial properties in prime locations, primarily Zurich, Geneva, and Basel — the same metropolitan regions Allreal serves. Comparable business model of owning, developing, and managing prime real estate.
Others
- CBRE: CBRE is a global commercial real-estate services firm that acts as Allreal's leasing agent for select office properties. While not a direct competitor, CBRE's Swiss brokerage activities overlap with the broader market in which Allreal competes for tenants.
- Wüest Partner: Wüest Partner is a key service-provider to Allreal, conducting bi-annual portfolio valuations and providing Swiss real-estate market intelligence. They are a core operating partner (not a competitor) but their published Swiss real-estate indices provide the market context Allreal operates in.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Allreal financial estimates
Financial estimateRevenue estimate
Valuation estimate
Allreal leadership team
Management profileNumber of profiles
Profiles12 records
Allreal funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Allreal M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Allreal
What does Allreal do?
Allreal operates an integrated Swiss real estate business combining three divisions under one roof: (1) Immobilien — management of an investment portfolio of ~78 residential and commercial properties (~750,000 m², market value ~CHF 5.2 billion) in Zürich and Geneva metropolitan regions; (2) Entwicklung — property development for the own portfolio, third-party institutional clients, and condominium sale; and (3) Realisation — in-house general contractor construction services using BIM and modular methods, delivering projects for Allreal and external clients.
Is Allreal a public or private company?
Allreal is a public company. It is classified as public and is currently operating.
When was Allreal founded?
Allreal was founded in 2000. It employs 101 to 250 people.
Where is Allreal based?
Allreal is headquartered in Baar, Switzerland, in the Europe region.
How does Allreal make money?
Two revenue lines are on record. Rental Income from Investment Portfolio is the primary driver. The others are development & Realisation.
Who are Allreal's main competitors?
Direct peers on record are Implenia, Steiner Construction, Hiag Immobilien, Investis Holding, Swiss Prime Site, Mobimo Holding, Zug Estates Holding and PSP Swiss Property. Others are CBRE and Wüest Partner.
Does Allreal have an API?
No public API is recorded for Allreal.
What industry is Allreal in?
Allreal's product category is Real Estate Investment and Development. Its primary akta.pro industry code is BPAJAFAA, Multifamily Apartment Property Management, with a secondary code of BPAJAAAB, New Construction & Builder Sales. Its NAICS code is 53131 and its SIC code is 1531.