Eyemaxx Real Estate

What Eyemaxx Real Estate does

Eyemaxx Real Estate AG is a German-Austrian real estate development company founded in 1996 and publicly listed on the Frankfurt Stock Exchange under ticker BNT1 (ISIN: DE000A0V9L94), with a secondary listing on the Vienna Stock Exchange. The company operates a two-pillar business model: (i) project development of residential properties, micro and student apartments, hotels and serviced apartments, urban quarters, retail, and logistics assets, and (ii) holding a portfolio of 13 fully-let income-generating properties (logistics, office, residential) across Germany and Austria. Core markets are Germany and Austria, with additional project and portfolio exposure in Poland, Czech Republic, Slovakia, Hungary, Romania, and Serbia. Notable projects include Sonnenhöfe Schönefeld (559 apartments, completed Q3/2021), Postquadrat Mannheim (~45,412 sqm rentable area), Atrium Bamberg (Q3/2023 completion), Hotel Hamburg Harburg (222 rooms), and The Cubes Bonn. The portfolio generates approximately EUR 3.8 million in annual rental income, and the contractually fixed project pipeline exceeds EUR 900 million through completion targets largely by 2023.

Revenue is generated through two streams: one-time project development sales to institutional buyers (e.g., BNP Paribas Real Estate acquired a major Vienna project in 2019) and private investors, plus recurring rental income. The customer base includes institutional real estate investors on the buy-side and corporate tenants on the lease-side, including DB Schenker, Iron Mountain, Bauhaus, Tesco, Interspar, Biedronka, Billa, Eurospar, and Tempo Supermarket as anchor tenants across logistics and retail parks (including the STOP.SHOP. and My Box retail brands). The company has no proprietary technology platform; its competitive position rests on 20+ years of operating history, multi-country CEE footprint (operational offices in 8 cities), and pipeline visibility. Capital has been raised primarily through corporate bonds — EUR 30M (2018/2023), EUR 37M (2019/2024), and EUR 30M (2020/2025), all at a 5.50% coupon — and a 2020 rights-issue capital increase. Material risk signals include the 2020 suspension of guidance, proposed dividend waiver, a share price of EUR 0.12 as of December 2021, and references to an insolvency administrator on the investor relations page.

Name

Eyemaxx Real Estate

Legal name

Eyemaxx Real Estate AG

Website

https://eyemaxx.com

Company type

Public

Founded year

1996

Operating status

Operating

Headcount range

51–100 employees

Short description

Eyemaxx Real Estate AG is a German-Austrian real estate developer (listed on Frankfurt Stock Exchange, BNT1) that develops residential, hotel, mixed-use, retail, and logistics projects across Central and Eastern Europe, while holding a 13-property rental portfolio in Germany and Austria generating approximately EUR 3.8 million annually.

Ownership category

akta.pro rank

Headquarters

HQ city

Leopoldsdorf

HQ country

Austria

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Project Development and Sales: Development and sale of residential, commercial, and mixed-use real estate projects. Revenue is generated through the sale of completed development projects to institutional and private investors, providing developer returns and project profits.
2. Rental Income from Portfolio Properties: Steady rental income from a portfolio of logistics, office, and residential properties across Germany and Austria. The portfolio generates approximately EUR 3.8 million p.a. in rental income, providing stable cash flows.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Eyemaxx Real Estate AG is a publicly listed real estate development and investment company that develops residential properties, micro and student apartments, hotels and serviced apartments, urban quarters, and retail and logistics projects in Germany, Austria, and selected Central/Eastern European markets. It also holds a portfolio of 13 income-generating logistics, office, and residential properties across Germany and Austria, generating approximately EUR 3.8 million in annual rental income. The company covers the full value chain from site acquisition, project development, and financing through to marketing, leasing, and long-term portfolio utilisation.

Product overview

Eyemaxx Real Estate Group operates as a real estate development and investment company with a two-pillar business model combining project development and portfolio property rental. The company develops projects across residential properties, micro and student apartments, hotels and serviced apartments, urban quarters, and retail and logistics segments. Core markets are Germany and Austria, with additional portfolio holdings in Poland, Czech Republic, Hungary, Romania, Serbia, and Slovakia. The portfolio properties generate approximately EUR 3.8 million in annual rental income. Key named product lines include Sonnenhöfe Schönefeld (mixed-use residential), Postquadrat Mannheim (mixed-use), Atrium Bamberg (residential), Hotel projects, Logistics Centers (Innsbruck, Linz, Salzburg, Wien, Frankfurt, Aachen, Aschaffenburg), Office buildings (Graz, Zell am See), Retail properties under My Box and STOP.SHOP. brands, and assisted living/nursing home projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Sonnenhöfe Schönefeld Mixed-use urban development project in Berlin Schönefeld with 559 apartments, approximately 38,300 sqm residential and 11,500 sqm commercial space, plus 475 underground and 231 surface parking spaces.
• Postquadrat Mannheim Mixed-use property development in Mannheim with approximately 45,412 sqm rentable area and 374 underground parking spaces.
• Atrium Bamberg

Quantifiable outcome

• EUR 3.8 million p.a. in rental income from 13 fully let portfolio properties
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• BNP Paribas Real EstatecoreStrategic or Co-development Partner · 28 November 2019BNP Paribas Real Estate acquired a major project in Vienna from Eyemaxx. This transaction represents a significant project sale to a leading real estate services firm, demonstrating Eyemaxx's ability to deliver institutional-grade development projects.
• DB SchenkercoreOthersDB Schenker serves as an anchor tenant at Log Center Alpha in Belgrade, Serbia. This logistics partnership validates the quality and strategic location of Eyemaxx's logistics developments.
• IronmountaincoreOthersIronmountain is an anchor tenant at Log Center Alpha in Belgrade, Serbia, providing additional revenue stability for the logistics property.
• IMMOFINANZ GroupminorStrategic or Co-development PartnerSTOP.SHOP. is a brand of IMMOFINANZ Group used at retail properties developed by Eyemaxx in Slovakia (STOP.SHOP. Znojmo, STOP.SHOP. Liptovský Mikuláš).
• epmedia Werbeagentur GmbHminorImplementation/ SI/ Consulting PartnerDesign and concept agency responsible for the Eyemaxx website design. Located at TwinTowers, Wienerbergstrasse 11/Turm B, 1100 Wien, Austria.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• UBM Development AG: Vienna-listed real estate developer active in Austria, Germany and CEE across hotels, residential, and office — closely comparable to Eyemaxx's development pipeline in DACH and CEE markets.
• Adler Group SA: Frankfurt-listed German residential real estate company combining portfolio rental with value-add development; very close comparable in scale and asset mix to Eyemaxx's residential development + rental pillars.
• PATRIZIA AG: German real estate investment manager and developer with DACH and European residential/commercial exposure; comparable as a DACH-focused real estate platform with development and portfolio strategies.
• S IMMO AG: Austrian real estate company with residential, office and hotel assets across DACH and CEE; comparable in asset mix and geographic footprint to Eyemaxx.
• Instone Real Estate Group: Frankfurt-listed German residential real estate developer focused on metropolitan infill projects; directly comparable to Eyemaxx's German residential development book (e.g. Sonnenhöfe, Atrium Bamberg).
• CA Immobilien Anlagen AG: Vienna-listed real estate company developing and owning office and mixed-use assets in Austria, Germany and CEE; very similar DACH+CEE development and investment profile to Eyemaxx.
• TAG Immobilien AG: German listed residential real estate company with a portfolio of rental apartments across Germany; comparable in residential focus and DACH orientation to Eyemaxx's residential book.
• IMMOFINANZ Group: Austrian/Central European real estate company whose STOP.SHOP. retail brand is used by Eyemaxx in Slovakia and Czech Republic, indicating direct operational overlap in retail-park development.

Broad incumbents

• Vonovia SE: Europe's largest residential real estate company, with a German rental portfolio and development pipeline; comparable in residential focus but operates at a fundamentally different scale than Eyemaxx.
• Deutsche Wohnen SE: Major German residential real estate incumbent with a large rental portfolio across German metropolitan areas; comparable as a DACH residential platform but materially larger than Eyemaxx.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/eyemaxx-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Eyemaxx Real Estate