The Company

PREIG AG develops forward-looking real estate projects throughout Germany for its own portfolio.

Too complex, costly or labor-intensive? That’s precisely what we’re after! We purchase property and commercial real estate with development potential – including with vacancies.

Vision

PREIG AG develops forward-looking commercial real estate projects throughout Germany with a preference for outer metropolitan areas and high-growth cities and regions. Its New Work approach creates innovative and modern work environments tailored to employees’ individual needs.

Mission

PREIG AG is a dynamic and growing company on the German real estate market. Our mindset is what makes us unique: with creative solutions, unconventional approaches and an unswervingly future-oriented outlook we safeguard and sustain solid investments. Our New Work concept brings offices of the future into the present, giving every employer the ability to adapt work environments to individual employee needs. Our flexible and modern office spaces foster inspiration, communication and productivity – especially with respect to ever more popular models of hybrid work and satellite offices.

Values

A proactive approach means thinking ahead and delivering results. Offices remain the places where we spend the second-largest amount of time. We seek to design them for the best possible balance between work and leisure. Offices should integrate productivity with well-being. Our New Work outlook also substantially shortens daily commutes. The time thereby gained not only enhances our quality of life but also benefits our environment.

PREIG AG (Plutos Real Estate Investment Group AG) arose from the merger of the Plutos Group with its CREO Group subsidiary. We have thereby consolidated more than a decade of development and asset management expertise from our member companies and holdings into a single enterprise. Our experts command extensive experience in developing and managing real estate for different types of use.

PREIG AG stands above all for forward-looking office and other commercial real estate projects throughout Germany. We also focus on investments outside major metropolises. Our new construction and modernization projects create affordable yet highly modern work environments in Germany’s high-growth and regional centers. We firmly believe the mega-trend of New Work will have a profound effect not only on major cities.

Our specialists also apply their comprehensive expertise to complex real estate projects including maintenance backlogs, challenging data issues, and legal and/or tax concerns. Our approach repositions these objects within value-add strategies and maintains them in long-term holdings.

€ 1.3 billion +

transaction volume

€ 215 million +

assets under management

110+

projects completed

440,000 m² +

GFA projects completed

97,000 m² +

GFA assets under management

Cumulative group figures including (former) subsidiaries

2011

Plutos Group founded

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First real estate projects completed in joint ventures with various partners

2013

FORTIS Wohnwert GmbH founded as Plutos Group subsidiary

2017

FORTIS Group founded as Plutos Group subsidiary

CREO Group founded as Plutos Group subsidiary

2019

FORTIS Group becomes FORTIS Aktiengesellschaft

LenzWerk Development GmbH founded as Plutos Group subsidiary

2021

Sale of the shareholdings in FORTIS AG and the LenzWerk Development Group in order to realign within the Group in the future and to focus on PREIG AG

PREIG Aktiengesellschaft founded and Plutos und CREO Groups merged to focus more strongly on developing and maintaining commercial real estate

  • Assessment of real estate and location potential

    Whether in metropolitan regions or selected growth cities, we identify commercial real estate with underutilized strengths and/or partial vacancies. Too risky for classical investor profiles, these objects are potentially suited to institutional real estate markets. The same applies to undeveloped properties with potential.

  • Comprehensive due diligence

    With expertise from a transaction volume of around 1.15 billion euros we have developed a due diligence process that makes each project’s risks, weaknesses, opportunities and strengths transparent from start to finish. In-house specialists conduct most of the process, while our network of external consultants handles more complex matters (e.g. special tax questions, complex share-deal structures, building structural assessments). Digitalization plays an important role here. Especially for older buildings, key acquisition documents are often only provided in physical form. Our first step is to digitalize them and create a space for data to be used throughout the project. Digitalization has its limits, however, which means intensive on-site evaluations and regular in-person meetings are crucial for the digital age too.

  • Repositioning – Developing new use concepts and acquiring planning permits

    We apply the knowledge gained to develop individual usage and lease renewal concepts for each property, with special attention to modern spaces that meet all New Work requirements. We also use comprehensive marketing strategies to reposition objects and thereby lay the groundwork for added value.

  • Asset management – Raising real estate value and revenue

    We take targeted steps to raise the value of all the floor areas we manage, achieving a continuous increase in value and greater quality of use for our tenants. We thereby create attractive and high-performance investment products for long-term portfolios.

Natalie Kurda, Peyvand Jafari, Andreas Goldau

Natalie Kurda directs the company’s operations and has been part of PREIG AG’s management team from the start. After studying real estate management at Berlin’s University of Applied Sciences (HTW) she gained extensive leadership experience in the sector. Most recently, Ms. Kurda spent several years as Head of Product Development at FORTIS Real Estate Investment AG, where she was responsible for project development, asset and rental management, among other things, and was a member of the management board of the CREO Group before being appointed to the Management Board of PREIG AG.

As founder and CEO of PREIG AG, Peyvand Jafari sets the corporate group’s strategic course. With his Plutos Group he previously founded e.g. FORTIS AG and the CREO Group and guided many of their residential and commercial development projects. As a “business angel” he has supported multiple successful start-ups. He applies this concentrated expertise to the implementation of visionary business models, thereby actively helping to shape the future of the real estate sector.

As CFO Andreas Goldau is responsible for finances, accounting, controlling and risk management. He has spent over 25 years successfully promoting companies in the environment and real estate sectors, with accomplishments including co-guiding a real estate company onto the stock market as well as developing and implementing financing strategies. He holds a degree in business administration and has completed numerous additional programs, e.g. at the Frankfurt School of Finance & Management. Most recently, he was a member of the management board of POLIS Immobilien AG.

Holger Grintz

Holger Grintz has been Head of Controlling & Accounting since May 2021.

Grintz looks back on many years of experience in controlling and various management positions at listed real estate companies, project developers and a well-known German family office. Before joining PREIG AG, he was responsible for IFRS reporting for the European business as Regional Controller and Head of Group Accounting at a REIT listed in Canada, a global leader in healthcare real estate with more than 5.5 billion assets under management.

Frauke Gerwatowski

Frauke Gerwatowski has been Head of Transaction since August 2021 and is responsible for the purchase and sale of our real estate and land.

Gerwatowski has already worked for several well-known asset and investment management companies, such as Union Investment Real Estate GmbH and HIH Invest Real Estate GmbH, and has a comprehensive track record in the purchase and sale of small to large-volume commercial properties. She looks back on more than 15 successful years of experience in the real estate industry, has studied business administration and is also a certified real estate specialist (IHK) as well as a certified real estate economist (DIA).

Dr. Jobst-Friedrich von Unger

Advisory Board Chairman

Lawyer/Legal Advisor
Röchling SE & Co. KG

Bastian Geistler

 

Advisory Board Deputy Chairman

Industrial Engineer (Dipl-Ing)
Second-generation family office with real estate focus

Matthias Lautenschläger

 

Advisory Board Member

Business Economist (Dipl-Betr-Wirt)
Managing Partner, LEC Capital GmbH
Advisory Board Member, wob AG
Advisory Board Member, MLP Finanzierungsberatung SE