Aroundtown SA
Luxembourg-based real estate company
From Wikipedia, the free encyclopedia
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]
 | |
| Company type | Société Anonyme |
|---|---|
| FWB: AT1 MDAX component | |
| ISIN | LU1673108939 |
| Industry | Real Estate |
| Founded | 2004 |
| Headquarters | , Luxembourg |
Area served | Germany, Netherlands, London |
Key people |
|
| Products | Office, hotel, residential |
| Total assets | €32 billion (September 2012) |
Number of employees | ~500[1] (2020) |
| Website | www |
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]