ARE Austrian Real Estate Development GmbH

What ARE Austrian Real Estate Development GmbH does

ARE Austrian Real Estate Development GmbH is a Vienna-headquartered, privately held Austrian real estate company founded in 1993 that operates across the full property lifecycle — from land acquisition and development through construction, leasing, and ongoing management. The company runs a diversified property portfolio spanning seven Austrian states (Vienna, Lower Austria, Upper Austria, Salzburg, Tyrol, Styria, Carinthia) and Germany, covering offices/commercial spaces, rental apartments, ownership apartments, and other property categories. Its flagship project is VILLAGE IM DRITTEN in Vienna's 3rd district, a major mixed-use urban quarter developed in strategic partnership with UBM that combines offices (ANCHOR timber-hybrid, VILLAGE WORKS), residential buildings (PARK FLATS, Baufelder 12B/13), and public space (Bert-Brecht-Park).

ARE's business model is transaction-based real estate development and management. Revenue is generated through one-off property sales (condominiums), recurring rental income from apartments and offices, property management fees, and value capture from development appreciation. Go-to-market is sales-led, combining direct sales and leasing teams with an active Landowner Outreach Program (Liegenschaftsankäufe) for acquiring land and existing buildings via a dedicated [email protected] channel. The company serves three primary customer segments: residential buyers and tenants (individuals and families), commercial and office tenants (businesses and organizations), and landowners disposing of property assets. Strategic priorities include sustainability — evidenced by timber-construction projects such as Grüne Stadtvillen Mödling and a published ESG/Nachhaltigkeitsstandard — and urban activation through the ARE URBANIQ sub-brand. The company's underlying technology stack is undisclosed; it operates as a traditional real estate developer and manager with no proprietary AI or platform technology called out.

Name

ARE Austrian Real Estate Development GmbH

Legal name

ARE Austrian Real Estate Development GmbH

Website

https://are-development.at

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

ARE Austrian Real Estate Development GmbH is a Vienna-based private real estate developer and property manager founded in 1993, operating a diversified portfolio of residential, commercial, and mixed-use assets across Austria and Germany, with sustainability-integrated development and full-lifecycle management.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Lessors of Residential Buildings and Dwellings (53111), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Real Estate Property Managers (53131), Residential Remodelers (236118)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Residential Design-Build & Renovation-Integrated Builders (IMAFABAE), Mixed-Use Property Management (BPAJAGAE), Residential Real Estate Asset Management (BPAJAMAA)

Keywords

• Real estate development
• Property management
• Commercial real estate
• Residential construction
• Sustainable building

Headquarters

HQ city

Vienna

HQ country

Austria

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Development and Sales: ARE develops residential (rental and condominium apartments) and commercial properties for sale or lease, generating revenue through property sales, rental income, and property management fees across their portfolio.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

ARE Austrian Real Estate Development GmbH is a leading Austrian real estate company that develops, manages, and operates residential and commercial properties across the full property lifecycle. The company develops rental apartments, condominiums, and office/commercial spaces through both greenfield developments and renovations, and manages the resulting portfolio. It also acquires land and existing buildings from landowners, develops mixed-use urban districts (e.g., VILLAGE IM DRITTEN), and pursues timber and timber-hybrid construction for sustainability.

Product overview

ARE Austrian Real Estate Development GmbH is a leading Austrian real estate company operating as a single integrated platform with multiple service areas. The core offering is a comprehensive property portfolio spanning Austria and Germany, encompassing offices/commercial spaces, rental apartments, and ownership apartments across all project stages (planning, construction, completed). This core portfolio is supported by complementary services including property acquisition (Liegenschaftsankäufe), property management (Leistungen & Service), urban activation (ARE URBANIQ), and sustainability frameworks (Nachhaltigkeitsstandard). Major named development projects include VILLAGE IM DRITTEN (mixed-use urban district), Hirschfeld (residential), and Altstadtensemble Paulustorgasse (historic renovation). The company emphasizes sustainability with timber construction projects and ESG integration across its operations.

Differentiator

Problem solved

Functional benefit

Brands

• ARE URBANIQ: Urban space activation initiatives by ARE

Products and services

• VILLAGE IM DRITTEN A major mixed-use urban district in 1030 Vienna combining offices, apartments, and public spaces including the Bert-Brecht-Park; features multiple building complexes including ANCHOR, VILLAGE WORKS, and PARK FLATS. Targeted at commercial tenants, residential buyers, and tenants.
• Hirschfeld Nature-oriented residential development in 1210 Vienna offering apartments close to natural surroundings; targeted at individuals and families seeking quality urban housing in green settings.
• Altstadtensemble Paulustorgasse Revitalization of a historic location in 8010 Graz through careful renovation of existing structures, bringing new life to the city center; targeted at residential buyers and tenants seeking character properties.
• Grüne Stadtvillen Mödling 47 ARE apartments in Mödling constructed entirely in timber construction (Holzbauweise), completed July 2026; targeted at sustainability-minded residential buyers and tenants.
• Immobilien Portfolio Comprehensive property portfolio spanning Austria (Vienna, Lower Austria, Upper Austria, Salzburg, Tyrol, Styria, Carinthia) and Germany, covering offices/commercial, rental apartments, ownership apartments, and other property categories at various project stages (planning, construction, completed).
• ARE URBANIQ Urban space activation service focused on revitalizing city areas and creating vibrant public spaces; targets municipalities, neighborhoods, and commercial partners seeking urban regeneration expertise.
• Liegenschaftsankäufe (Property Acquisitions) Property acquisition service evaluating and purchasing land and existing buildings that meet ARE's acquisition profile; targets landowners and asset owners seeking to sell property.
• Leistungen & Service (Property Management Services) Comprehensive property management services covering the entire property lifecycle including development oversight, ongoing management, and maintenance; targets property owners, tenants, and investors.

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

One partnership is on record.

• UBMcoreStrategic or Co-development Partner · 1 January 2026UBM is a strategic development partner for ARE in major mixed-use projects. The two companies collaborate on large-scale urban development projects such as VILLAGE IM DRITTEN, where they developed PARK FLATS (138 condominiums) and VILLAGE WORKS office building together. The partnership combines ARE's property management and portfolio expertise with UBM's development capabilities.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Vonovia SE: Germany's largest residential real estate company operating across DACH and beyond; broader incumbent in residential development and management, directly comparable to ARE's apartment rental and ownership product set but at vastly greater scale.
• PORR AG: Major Austrian construction group with a real estate development arm; broader incumbent combining construction and development across DACH, comparable to ARE on the development side but much larger and more diversified.
• STRABAG Real Estate GmbH: Austrian real estate developer within the larger STRABAG construction group; broader incumbent in Austrian residential and commercial development with significant capital and contracting resources, but wider portfolio scope than ARE.

Direct peers

• CA Immobilien Anlagen AG: Major Austrian real estate company developing and managing office and residential properties across the DACH/CEE region; comparable mix of office-led development and recurring rental income to ARE's portfolio.
• S IMMO AG: Austrian real estate company owning and developing residential, office, and retail assets in Austria, Germany, and CEE; directly comparable geography and mixed-use asset profile to ARE.
• GalCap Europe: Central European real estate investor and asset manager focused on Austrian/Czech office and mixed-use properties; comparable DACH asset management and value-add development orientation to ARE.
• UBM Development AG: Austrian real estate developer focused on hotels, offices, and residential; direct co-development partner with ARE on VILLAGE IM DRITTEN, PARK FLATS, and VILLAGE WORKS, operating in the same DACH mixed-use development category.
• Immofinanz AG: Austrian/European real estate developer and investor with residential and office focus across Austria and broader CEE; broader incumbent but operates in the same Austrian urban development and asset management categories as ARE.
• WertInvest Beteiligungs- und Bauträger GmbH: Austrian residential developer focused on Vienna and surrounding markets, developing condominiums and rental housing; directly comparable product mix to ARE's residential pipeline (PARK FLATS, Grüne Stadtvillen).
• Heimat Österreich: Austrian non-profit housing developer creating residential and mixed-use projects across Austria; comparable development-led residential model targeting urban Austrian markets similar to ARE.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/are-austrian-real-estate-development-gmbh

Revenue estimate

Valuation estimate

Number of profiles

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 ARE Austrian Real Estate Development GmbH