Investor & Lessor
About the developer
S+B Gruppe AG, a privately-owned property developer with offices in Vienna, Prague, Bucharest and Warsaw, has been executing complex projects for over 35 years, acting as both investor and general contractor.
The team around Reinhard Schertler and Alfred Michael Beck specializes in planning, construction management, commercial control and marketing of high-quality construction projects. At the present time, numerous major projects are under construction in Central and Eastern Europe. The basis for success is the combination of local employees on site and international experience. With an investment volume of more than 4 billion euros, real estate with 1,000,000 m² usable floor space has already been realized.
The company is always looking to expand its development operations in Austria and abroad, and several projects in Prague, Vienna, Warsaw and Bucharest are already in pipeline or progress. Meanwhile a number of groundbreaking residential and office buildings are taking shape in Czech, Polish and Austrian capitals. As a result, the S+B Group is now an established player on the Central and Eastern European real estate market.
About the Investor and lessor
Commerz Real is a subsidiary of Commerzbank AG with more than 49 years of market experience and approximately 34 billion euros in assets under management. The company combines comprehensive know-how in asset management and a broad-based structuring expertise to deliver its signature range of services of fund products focused on tangibles and bespoke financing solutions.
The fund spectrum includes the open-ended real estate fund hausInvest, institutional investment products as well as entrepreneurial participations in real estate, aircraft, regenerative energy and ships. In its role as leasing company of Commerzbank Group, Commerz Real offers tailored equipment leasing concepts along with bespoke financing arrangements for assets such as real estate, big-ticket equipment and infrastructure projects.