Aroundtown SA

Last updated
Aroundtown SA
Company type Société Anonyme
FWB:  AT1
MDAX component
ISIN LU1673108939
IndustryReal Estate
Founded2004;21 years ago (2004)
Headquarters
Luxembourg
,
Luxembourg
Area served
Germany, Netherlands, London
Key people
ProductsOffice, hotel, residential
Total assets €32 billion (September 2012)
Number of employees
~500 [1]  (2020)
Website www.aroundtown.de

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

Contents

History

Aroundtown was founded in 2004 by Israeli-born businessman Yakir Gabay. [3] The first acquisitions started in the center of Berlin, in neighbourhoods such as Mitte and Charlottenburg.

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

Overview

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

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

References

  1. 1 2 3 "Aroundtown SA Company Presentation" (PDF). www.aroundtown.de.
  2. 1 2 "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. Retrieved 7 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. Retrieved 7 March 2025.
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