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Aroundtown SA

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Luxembourg-based real estate company
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Aroundtown SA
Company typeSociété Anonyme
FWBAT1
MDAX component
ISINLU1673108939
IndustryReal Estate
Founded2004; 21 years ago (2004)
Headquarters,
Luxembourg
Area served
Germany, Netherlands, London
Key people
ProductsOffice, hotel, residential
Total assets€32 billion (September 2012)
Number of employees
~500[1] (2020)
Websitewww.aroundtown.de

Aroundtown SA (former Aroundtown Property Holdings Plc) is apublicly listedreal estate company, registered inLuxembourg. It invests in commercial and residential properties in central locations in European cities primarily in Germany and the Netherlands.[2]

History

[edit]

Aroundtown was founded in 2004 by Israeli-born businessmanYakir Gabay.[3] The first acquisitions started in the center of Berlin, in neighbourhoods such asMitte andCharlottenburg.

The company went public on theEuronext Stock Exchange in mid 2015.[4] By 2019, it was the largest publicly traded real estate company in Germany.[5]

Overview

[edit]

Aroundtown invests in commercial and residential real estate.[2]

The majority of the portfolio is located in the cities ofBerlin (25%),Frankfurt,Munich,Cologne,Hamburg,Amsterdam,London and other majorEuropean metropolitans.[1] Approximately half of the portfolio is offices, the remaining is primarily hotels and residential.[1]

References

[edit]
  1. ^abc"Aroundtown SA Company Presentation"(PDF).www.aroundtown.de.
  2. ^ab"Aroundtown SA – Largest German Listed Commercial Real Estate Company".www.aroundtown.de.
  3. ^Karaiskou, Maria (29 May 2023)."Yakir Gabay: The Israeli Cypriot businessman investing billions on the island". Cyprus Business News. Retrieved7 March 2025.
  4. ^"Aroundtown Property Holdings Plc. : ANNOUNCES STRONG Q1 2015 FIGURES, LISTING ON EURONEXT PARIS SE AND INTENTION TO RAISE EQUITY AND/OR BONDS".www.dgap.de.
  5. ^Khalaf, Roula (2 September 2019)."TLG/German property: hello to Berlin". Financial Times. Retrieved7 March 2025.
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