Erste Group Immorent
Erste Group Immorent GmbH is a Vienna-based, Erste Group-owned real estate services firm providing asset management, technical advisory, and legacy leasing services for Erste Group entities and third-party property owners across Austria and Central, Eastern and Southeastern Europe.
- Company typePrivate
- Founded1970
- HeadquartersVienna, Austria
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Erste Group Immorent does
Erste Group Immorent GmbH is a Vienna-headquartered, privately-held real estate services company and wholly-owned subsidiary of Erste Group, one of the largest banking groups in Central and Eastern Europe. Founded in 1970, the company originally pioneered property leasing in Austria and expanded internationally into the CEE region from 1996 onwards, but since 2016 has wound down new leasing origination and now operates three service lines: Asset Management (active portfolio planning, management, implementation and control of measures influencing property value, delivered for Erste Group entities and third-party owners across Austria and CEE); Technical Advisory (expert consultancy supporting property financing decisions — including technical due diligence, project monitoring, lender's supervision, location rating and ÖNORM B 1300/B 1301 building safety checks — for clients of Erste Bank und Sparkassen in Austria and Erste Group in CEE); and Real Estate Leasing (a legacy run-off book servicing existing clients only).
The company employs between 501 and 1,000 people and runs its asset management operations on a market-leading ICRS software platform with direct interfaces to internal accounting and property management suites. Service delivery is direct, supplemented outside Austria by local service providers working on the company's account, with property-level management delegated to an external property management company for day-to-day operations and statutory/ÖNORM compliance.
Erste Group Immorent makes money primarily through professional services fees on Asset Management mandates and Technical Advisory engagements, plus residual income from the legacy leasing book. Pricing is not publicly disclosed. Its go-to-market is anchored in captive demand from Erste Group banking entities, complemented by direct outreach to third-party property owners and investors in Austria and CEE; there is no separate marketing channel infrastructure and no independent product brand outside the Erste Group umbrella.
Erste Group Immorent firmographics
Firmographics- Name
- Erste Group Immorent
- Legal name
- Erste Group Immorent GmbH
- Website
- https://erstegroupimmorent.com
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Erste Group Immorent GmbH is a Vienna-based, Erste Group-owned real estate services firm providing asset management, technical advisory, and legacy leasing services for Erste Group entities and third-party property owners across Austria and Central, Eastern and Southeastern Europe.
- Ownership category
- akta.pro rank
Erste Group Immorent industry classification
Industry- Product category
- Real Estate Financing
- NAICS
- Real Estate Property Managers (53131)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Property Management Advisory & Leasing Administration (FSAEAJAN)
Keywords
Where Erste Group Immorent is headquartered
LocationHeadquarters
- HQ city
- Vienna
- HQ country
- Austria
- HQ region
- Europe
Offices1 record
Markets served
Erste Group Immorent business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Others
Revenue model
- Real Estate Asset Management: Active planning, management, implementation and control of measures influencing the value of property portfolios at individual property level during the management phase. Services provided for Erste Group Immorent, Erste Group, and third parties.
- Technical Advisory Services: Expert technical consultancy services including project management, controlling for development projects, technical surveys of premises, and building safety checks consultancy. Services provided to clients of Erste Bank und Sparkassen in Austria and Erste Group in CEE.
- Real Estate Leasing: Property leasing services (legacy product - no new contracts since 2016). Existing clients continue receiving service, with support for small extension or refurbishment projects for existing assets. Activities being phased out in Austria.
Go-to-market motion1 record
Distribution channels1 record
Erste Group Immorent product offering
Product offeringCore offering
Erste Group Immorent is a specialist real estate financing company operating in Austria and Central, Eastern and Southeastern Europe since 1970. It actively plans, manages and controls property portfolios for Erste Group, Erste Group Immorent's own account, and third-party owners, while providing technical consultancy, due diligence, and project monitoring in support of property financing decisions across the Erste Group banking network. Its legacy real estate leasing portfolio continues to be serviced, though no new contracts have been written since 2016.
Product overview
Erste Group Immorent is a specialist real estate financing company operating in Central, Eastern and Southeastern Europe with over 50 years of experience. The company offers three interconnected service lines: Asset Management (active portfolio management for own account and third parties), Technical Advisory (expert consultancy for property financing and construction projects), and Real Estate Leasing (legacy service being phased out since 2016). The Asset Management service uses ICRS software with interfaces to accounting and property management systems. Technical Advisory supports development projects with services ranging from due diligence to project monitoring. The company manages commercial real estate including office and commercial properties, business and logistics parks, commercial housing construction, municipal projects, and infrastructure projects in Austria and Erste Group core markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Asset Management Active planning, management, implementation, and control of measures that influence property value at the individual property level during the management phase, delivered for Erste Group Immorent, Erste Group, and third-party owners. Services include portfolio analysis, alignment with investment aims, market monitoring, transparent utilization strategies, contract formation, and yield and risk optimization across the economic life cycle of finished assets. Operations are supported by the ICRS software and local service providers outside Austria.
- Technical Advisory Expert technical consultancy for property financing, provided to clients of Erste Bank und Sparkassen in Austria and clients of Erste Group in the CEE region. Services include technical object rating, zero report and project monitoring (lender's supervision), technical due diligence, expert opinions, plausibility checks of third-party reports, location rating, project management, monitoring of complex building projects, and customized construction-related services such as consultancy on ÖNORM B 1301 building safety checks.
- Real Estate Leasing Property leasing services for commercial real estate in Austrian and CEE markets. No new contracts have been concluded since 2016; existing property leasing clients continue to receive high-quality service, and small extension or refurbishment projects for existing leased assets continue to be supported as the activity is phased out.
Companies that use Erste Group Immorent
Customer profileSegments3 records
Ideal customer profiles3 records
Erste Group Immorent technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Erste Group Immorent partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Erste Bank und SparkassencoreErste Group Immorent Technical Advisory provides expertise to clients of Erste Bank und Sparkassen in Austria as part of the Erste Group network. Services include technical due diligence and expert opinions for property financing assessment.
Scale indicators2 records
Recent moves5 records
Expansion highlights5 records
Erste Group Immorent competitors and assessment
Company assessmentRegional players
- EHL Immobilien: Leading Austrian real estate services firm offering brokerage, property management, and advisory — a direct domestic competitor focused primarily on the Austrian market where Erste Group Immorent is headquartered.
- Raiffeisen Immobilien: Austrian banking-group-affiliated real estate services platform offering brokerage, valuation, and asset management — comparable as a bank-affiliated real estate services peer operating in Austria.
Emerging players
- Drees & Sommer: European real estate consulting and project management firm with strong technical/due diligence capability for construction and financing projects — overlaps specifically with Erste Group Immorent's Technical Advisory pillar.
Direct peers
- Savills: Global real estate services firm offering advisory, asset management, and technical consultancy; has presence in CEE and competes for the same institutional third-party mandates.
- CBRE Group: Global real estate services firm offering asset management, property management, valuation, and advisory services across Europe including Austria and CEE — directly comparable in service mix and target institutional property owners.
- Knight Frank: International real estate consultancy active in CEE commercial real estate; offers property management, asset management, and valuation services to institutional owners similar to Erste Group Immorent's third-party mandate book.
- JLL (Jones Lang LaSalle): Global real estate services and investment management firm with strong CEE presence; competes head-to-head in asset management, technical/due diligence advisory, and leasing administration for institutional clients.
- Colliers International: Global real estate advisory and asset management firm with established operations in Austria and CEE, providing property management, valuation, and capital markets advisory to institutional owners.
- Cushman & Wakefield: Global commercial real estate services firm active across Austria and CEE, providing asset management, valuation, and project advisory — overlapping with Erste Group Immorent's core service pillars.
Broad incumbents
- BNP Paribas Real Estate: Real estate arm of a major European banking group, offering advisory, property management, and technical services across Europe — directly analogous to Erste Group Immorent's bank-affiliated operating model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Erste Group Immorent social profiles
Digital presenceErste Group Immorent financial estimates
Financial estimateRevenue estimate
Valuation estimate
Erste Group Immorent leadership team
Management profileNumber of profiles
Erste Group Immorent funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Erste Group Immorent 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 Erste Group Immorent
What does Erste Group Immorent do?
Erste Group Immorent is a specialist real estate financing company operating in Austria and Central, Eastern and Southeastern Europe since 1970. It actively plans, manages and controls property portfolios for Erste Group, Erste Group Immorent's own account, and third-party owners, while providing technical consultancy, due diligence, and project monitoring in support of property financing decisions across the Erste Group banking network. Its legacy real estate leasing portfolio continues to be serviced, though no new contracts have been written since 2016.
Is Erste Group Immorent a public or private company?
Erste Group Immorent is a private company. It is classified as corporate owned and is currently operating.
When was Erste Group Immorent founded?
Erste Group Immorent was founded in 1970. It employs 501 to 1,000 people.
Where is Erste Group Immorent based?
Erste Group Immorent is headquartered in Vienna, Austria, in the Europe region.
How does Erste Group Immorent make money?
Three revenue lines are on record. Real Estate Asset Management is the primary driver. The others are technical Advisory Services and real Estate Leasing.
Who are Erste Group Immorent's main competitors?
Regional players on record are EHL Immobilien and Raiffeisen Immobilien. Drees & Sommer is listed as an emerging player. Direct peers are Savills, CBRE Group, Knight Frank, JLL (Jones Lang LaSalle), Colliers International and Cushman & Wakefield. BNP Paribas Real Estate is listed as a broad incumbent.
Does Erste Group Immorent have an API?
No public API is recorded for Erste Group Immorent.
What industry is Erste Group Immorent in?
Erste Group Immorent's product category is Real Estate Financing. Its primary akta.pro industry code is FSAEAJAN, Property Management Advisory & Leasing Administration. Its NAICS code is 53131 and its SIC code is 6531.