What Norkon Gmbh does

NORKON GmbH is a privately held German commercial real estate investment and asset manager founded in 2017 and headquartered in Leipzig, with a secondary office in Berlin. The company acquires commercial properties across Germany—primarily office and logistics real estate—across core+, value add, and opportunity risk profiles, and currently holds approximately €140 million in assets under management. Its core service offering spans the full investment lifecycle, including property identification, due diligence, transaction management, debt financing modeling, broker and lender coordination, SPV and tax structure optimization, and exit strategy implementation. Acquisitions are primarily funded by equity, and deal sourcing is driven by a direct channel (a dedicated acquisitions email and outreach to property owners across Germany).

Through an affiliated company, ARKOS Property Management, NORKON extends its offering into property- and portfolio-level accounting and commercial property management, positioning the group as a vertically integrated German CRE platform. Revenue is generated through two streams: ongoing asset management fees on the managed portfolio and transaction/acquisition fees on individual deals. The firm is management-owned, led by Managing Director Ronald Schubert and CIO/Partner Konrad Mech, and operates exclusively within Germany. No technology, AI/ML, or software platform components are disclosed; the offering is built on traditional real estate underwriting, transaction execution, and affiliated property management capabilities.

Name

Norkon Gmbh

Legal name

NORKON GmbH

Website

https://norkon.de

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

NORKON GmbH is a Leipzig-based, privately held German commercial real estate investment and asset manager (founded 2017) that acquires office and logistics properties across Germany, holding approximately €140 million in AUM and offering full-lifecycle acquisition, transaction, and asset management services.

Ownership category

akta.pro rank

Headquarters

HQ city

Leipzig

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Asset Management Fees: Revenue generated from managing commercial real estate assets under management. Norkon currently holds assets of 140 million Euro under management.
2. Transaction/Acquisition Fees: Fees earned from acquisition and transaction management of commercial properties in Germany. The company provides full transaction management services including due diligence, purchase coordination, and exit strategy implementation.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Norkon GmbH is a German investment and asset manager that acquires and manages commercial real estate across Germany, primarily office, retail, and logistics properties. The firm provides full-service investment lifecycle support including property identification, due diligence, transaction management, debt financing modeling, broker and lender coordination, SPV/tax structure optimization, and exit strategy implementation. It currently holds approximately 140 million Euro in assets under management and operates through its own team plus an affiliated property management company (ARKOS Property Management).

Product overview

Norkon Gmbh is a commercial real estate investment and asset manager based in Germany. The company operates as a single unified service offering focused on acquiring commercial properties across Germany, primarily office and logistics real estate. Services include property due diligence and acquisition, transaction management, debt financing modeling, and exit strategy development. Through its affiliated company ARKOS Property Management, it also offers accounting and commercial property management services. The company currently holds assets of 140 million Euro under management, investing in properties with core+, value add, and opportunity risk levels.

Differentiator

Problem solved

Functional benefit

Segments2 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• ARKOS Property ManagementcoreStrategic or Co-development PartnerAffiliated company that provides expanded services including accounting on property and portfolio level and commercial property management. This partnership enables NORKON to offer comprehensive property management services alongside their investment and acquisition capabilities.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Real I.S. AG: German CRE investment manager (part of BayernLB group) managing institutional real estate mandates with focus on office, retail, and logistics in Germany and Europe. Comparable to Norkon in its office/logistics focus and CRE asset management services, though operating from an institutional platform.
• BEOS GmbH: Berlin-based German commercial real estate investment and development manager specializing in corporate real estate and mixed-use assets in Germany. Comparable to Norkon as a Germany-focused CRE manager with combined investment and asset management capabilities.
• WealthCap: Munich-based CRE investment manager (subsidiary of UniCredit) focused on German commercial real estate across core and value-add strategies. Comparable to Norkon in German CRE investment management focus and end-to-end transaction capabilities.
• Hamburg Trust: Boutique German real estate investment and asset manager with a focus on commercial properties in German metropolitan regions. Comparable to Norkon in its specialized, regionally rooted investment management approach to German CRE.
• GLL Real Estate Partners: Munich-headquartered real estate investment manager managing German and European CRE mandates for institutional investors. Comparable to Norkon in providing CRE investment management services in German-speaking markets.
• DIC Asset AG: Frankfurt-listed German commercial real estate investment manager focused on office, logistics, and retail assets across Germany. Closely comparable to Norkon in geographic and asset-class focus, with a similar integrated investment and asset management model, though at significantly larger scale.
• Corpus Sireo Real Estate: German CRE investment, asset, and property manager now operating under Swiss Life Asset Managers. Comparable to Norkon as a German CRE manager offering investment, asset management, and property management services under one roof.
• Catella AB: Swedish-listed European real estate investment manager with significant German CRE investment activity through its asset management and investment divisions. Comparable to Norkon in its CRE investment management focus on the German market.

Broad incumbents

• Union Investment Real Estate: Hamburg-based CRE investment manager (part of DZ Bank group) and one of the largest German CRE investors with a broad open and special fund platform. Comparable to Norkon in its German office/logistics CRE focus, but operates at vastly larger institutional scale.
• Deka Immobilien: Frankfurt-headquartered CRE investment manager (subsidiary of DekaBank) with one of the largest German and European CRE portfolios. Overlaps with Norkon in German office and logistics investment focus, but as a dominant incumbent with global mandates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/norkon-gmbh

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Norkon Gmbh