Phoenix Development GmbH

What Phoenix Development GmbH does

Phoenix Development GmbH is a privately held commercial real estate development company founded in 2000 in Weiden in der Oberpfalz, Germany, operating as part of a family-owned business group. The company develops, owns, and actively manages a portfolio of nine retail and mixed-use properties across Germany and Poland, including shopping centers in Hagen (Volme Galerie, 26,000 m²), Witten (Stadtgalerie, 18,000 m²), Mettmann (Königshof-Galerie, 15,000 m²), Wesseling (Forum Wesseling, 6,000 m²), Monheim (Rathaus-Center, 16,000 m²), and Flöha (Alte Baumwolle, 10,000 m²), a mixed-use center in Herten (Hertener Höfe, 20,000 m²), an office/commercial asset in Hagen (Stadtfenster), and the Forum Bemowo center in Warsaw, Poland (21,800 m²). Its core model is owner-developer: the majority of projects are acquired, repositioned, and retained for the company's own long-term portfolio rather than traded on.

The company operates three integrated service lines delivered largely in-house: project development (land and existing-building acquisition, technical surveys, and location analyses), leasing (direct marketing of retail space leveraging established relationships with major German retail chains, with external brokers engaged only for office and logistics uses), and property management (facility, property, and center management through proprietary management companies). Its tenant base is dominated by national and international retail and service brands including REWE, H&M, C&A, dm-drogerie markt, Aldi, Rossmann, TK Maxx, Saturn, Lidl, Action, Woolworth, Sinn, L'Osteria, New Yorker, DHL, Apollo Optik, Depot, and Intersport, alongside financial services tenants (Sparkasse, AOK) and government users (Jobcenter Herten).

Geographically, Phoenix focuses on mid-sized German cities with populations from roughly 25,000 in NRW, Rheinland-Pfalz, Hessen, and Bayern, and has a single international foothold in Warsaw, Poland via Forum Bemowo. The business operates with approximately 8 employees across its Weiden headquarters, a Bonn branch, and a Warsaw office. Disclosed transaction volumes range from €1M to €60M per deal. Management is led by three Geschäftsführer (Managing Directors): Erich Bielefeldt, Lion Bielefeldt, and Dr. Stephan Schnitzler. No institutional investors, PE involvement, or external funding rounds have been disclosed in available sources.

Name

Phoenix Development GmbH

Legal name

Phoenix development GmbH

Website

https://phoenix-development.de

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Phoenix Development GmbH is a family-owned German commercial real estate developer founded in 2000 that acquires, repositions, owns, and manages shopping centers and mixed-use properties across Germany and Poland, serving national retail and service tenants via an integrated owner-developer model.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

SIC

Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Retail & Mixed-Use Commercial Construction (IMAFACAB)

akta.pro secondary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Commercial real estate development
• Shopping center development
• Property management services
• Retail property leasing
• Mixed-use development

Headquarters

HQ city

Weiden in der Oberpfalz

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Property Development and Management: Develops commercial real estate projects for their own portfolio and provides comprehensive property management including facility management, property management, and center management through their own management companies.
2. Leasing and Marketing Services: Direct marketing of retail spaces leveraging first-class contacts to renowned retail companies. Technical surveys and location analyses performed in-house.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Phoenix Development GmbH acquires land and existing buildings, evaluates their development potential through in-house technical assessments and location analyses, and develops commercial real estate properties — primarily shopping centers, mixed-use centers, and office/commercial buildings — largely for its own portfolio. It leases retail space directly using established relationships with major retail chains, engages external service providers for office or logistics leasing, and delivers comprehensive property, facility, and center management through its own management companies. Reference projects include shopping centers and mixed-use developments across Germany (NRW, Rheinland-Pfalz, Hessen, Bayern) and Poland (Warsaw).

Product overview

Phoenix Development GmbH is a commercial real estate development company founded in 2000, part of a family-owned group, responsible for developing commercial properties throughout Germany. The company operates a portfolio of nine retail properties across Germany and Poland, including shopping centers (Volme Galerie Hagen, Stadtgalerie Witten, Forum Bemowo, Rathaus-Center Monheim, Königshof-Galerie Mettmann, Forum Wesseling, Alte Baumwolle Flöha), a mixed-use center (Hertener Höfe), and an office/commercial building (Stadtfenster Hagen). Their three core services are project development (acquiring and developing land and existing buildings for their own portfolio), rental services (marketing rental spaces with established retail contacts), and property management (comprehensive facility, property, and center management through proprietary management companies). The company maintains additional offices in Bonn and Warsaw alongside their headquarters in Weiden in der Oberpfalz.

Differentiator

Problem solved

Functional benefit

Products and services

• Projektentwicklung (Project Development) Core service in which Phoenix Development acquires land and existing buildings, performs in-house technical surveys and location analyses, and develops commercial properties optimally tailored to tenant and end-user needs. The majority of projects are developed for the company's own portfolio.
• Vermietung (Leasing Services) Leasing service marketing rental space independently using first-class contacts with major retail companies. For non-retail uses such as office or logistics, external service providers are engaged.
• Management (Property Management) Comprehensive property management delivered through proprietary management companies, providing all real estate services from a single source — including tight facility and property management as well as customer-oriented center management to optimally utilize the potential of existing properties.
• Volme Galerie Hagen Inner-city shopping center in Hagen with 26,000 m² of retail space and 864 parking spaces. Major tenants include Sinn, H&M, L'Osteria, Bar Celona, and Netto. Originally built in 2003 with renovations completed in 2019.
• Stadtfenster Hagen Inner-city office and commercial building in Hagen, managed as an existing property with current tenants including AOK and New Yorker. Originally built in 2002 with redesign completed in 2019.
• Stadtgalerie Witten Revitalized shopping center in Witten with 18,000 m² of retail space and 450 parking spaces. Major tenants include Saturn, H&M, TK Maxx, and Intersport.
• Forum Bemowo Inner-city shopping center in Warsaw, Poland with 21,800 m² of retail space on a 10,240 m² plot with 496 parking spaces. Developed through demolition and new construction completed in 2019.
• Rathaus-Center Monheim Shopping center with office use in Monheim am Rhein, featuring 16,000 m² of retail space and 360 parking spaces. Completed through value-add repositioning between 2013-2017. Major tenants include Aldi, DHL, and Rossmann.
• Königshof-Galerie Mettmann Shopping center in Mettmann with 15,000 m² of retail space and 526 parking spaces. Developed through expansion and new construction of a former Karstadt department store in 2012. Major tenants include REWE, C&A, H&M, dm, Apollo Optik, and Depot.
• Forum Wesseling Inner-city shopping arcade in Wesseling with 6,000 m² of retail space and 200 parking spaces. Revitalization project of a former Karstadt department store completed in 2012-2013. Major tenants include Sparkasse, Lidl, Action, Apollo Optik, and Woolworth.
• Hertener Höfe Mixed-use center in Herten featuring demolition and new construction of an office, service, and retail center with 20,000 m² of rental space and 400 parking spaces. Features include a sky bar for shoppers. Tenant Jobcenter Herten is located on site.
• Alte Baumwolle Flöha Shopping center in Flöha with 10,000 m² of retail space and 230 parking spaces, developed through project development.

Quantifiable outcome

• Successfully completed 9 reference projects across Germany and Poland

Named customers16 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Value One Holding AG: Austrian real estate developer focused on retail, residential, and mixed-use projects in Central Europe. Comparable development-and-hold model targeting mid-sized cities, though primarily active in Austria rather than Germany/Poland.

Direct peers

• ECE Projekt GmbH & Co. KG (ECE Marketplaces): Germany's largest specialist shopping center developer, manager, and investor. Directly comparable to Phoenix Development as both develop and operate retail real estate; ECE operates at much larger scale across more cities, but competes for similar retail anchor tenants and repositioning opportunities in mid-sized German markets.
• Redos Real Estate GmbH: German retail real estate asset manager and developer, originally spun out of mfi. Comparable through its specialization in German shopping centers and inner-city retail properties, including repositioning and long-term management.
• Deutsche EuroShop AG: Germany's only public company that invests exclusively in shopping centers. Directly comparable business model of acquiring, developing, and holding shopping centers for long-term rental income, though at much larger scale and primarily in larger centers.
• Hahn Gruppe (Hahn Asset Management GmbH): German retail and mixed-use real estate developer/investor with a focus on neighborhood and inner-city retail centers. Comparable to Phoenix Development through its retail asset focus, value-add repositioning activity, and long-term hold/management approach in German mid-sized cities.
• GPEP GmbH: German retail property investor and asset manager focused on inner-city retail centers in mid-sized cities. Highly comparable to Phoenix Development in target market, asset class (shopping centers), and value-add investment thesis.

Others

• CBRE Group, Inc. Global commercial real estate services firm providing investment sales, leasing, property management, and capital markets advisory across all asset classes including retail. Comparable through its German retail leasing and property/center management service lines, though operating as an external service provider rather than principal developer.

Broad incumbents

• Eurocommercial Properties N.V. Dutch-listed retail property investor with significant German assets. Comparable business model of owning and managing shopping centers for long-term rental income, though it operates at much larger scale and focuses on prime larger centers across multiple European countries.
• Klépierre SA: Major European retail REIT owning and operating shopping centers across continental Europe. Comparable business model of long-term ownership and operation of shopping centers, but at vastly larger scale and primarily in larger metropolitan areas.
• Union Investment Real Estate GmbH: One of Germany's largest real estate investors with significant retail and mixed-use exposure. Comparable through retail asset ownership and active asset management in Germany, though its portfolio is much broader (office, residential, hotel) and at institutional scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/phoenix-development-gmbh

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 Phoenix Development GmbH