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Aroundtown SA
Luxembourg-based real estate company From Wikipedia, the free encyclopedia
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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]
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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
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