Gothaer HQ
Location:Meerbusch-Büderich
Space 26.000 m²
Units: 36
AREAL'S CORE
Built for People
AREAL integrates design, efficiency, and livability into three core housing typologies: serviced, residential, and modular.
Why Germany?
Europe’s Most Undersupplied, Most Stable Housing Market
Germany faces a housing shortage of more than 700,000 units. Urban vacancy rates are below 1%, while demand continues to rise due to immigration, labor shortages, and a strong economy. Despite global volatility, rents and prices in major cities like Berlin, Munich, and Düsseldorf have remained stable.
This combination of high demand, low supply, and demographic resilience makes German residential real estate one of the most compelling asset classes in Europe.
700,000+
Unit Gap
A massive housing shortfall ensures sustained demand for new developments.
< 1% Vacancy
in A-Cities
Vacancy below 1% signals strong demand and minimal risk of rental losses.
Rising Average Rents
Consistently rising rents offer solid yield potential and inflation protection.
Population Growth via Migration
Ongoing migration drives urban growth and long-term housing demand.
Why AREAL ?
45 Years. Zero Losses. One Strategy: Value with Discipline.
Founded in 1979, AREAL is an owner-managed real estate development firm headquartered in Cologne. With a portfolio exceeding €1 billion, AREAL specializes in high-quality residential and mixed-use developments across Western Germany.
Our in-house team of architects, engineers, planners, and economists ensures efficient execution, while strong bank relationships enable 85% loan-to-cost financing—a rarity in today’s market.
since
1979
Owner-managed real estate company, based in Cologne and active since 1979
Prime
Locations
Specializing in high-quality residential and commercial developments in Cologne, Düsseldorf, Bonn, and Aachen
Diverse
Asset Mix
Portfolio includes multi-family housing, townhouses, and office-to-residential conversions
Proven Track Record
Over €1B in project volume with zero capital losses – backed by conservative structuring and long-term expertise
Expert
In-House Team
In-house interdisciplinary team of architects, planners, engineers, and commercial specialists
Robust
Financing Power
Strong bank relationships enable up to 85% loan-to-cost financing, minimizing equity needs
Exclusive Land Access
Proven access to off-market land opportunities through regional sourcing network
Trusted Investor Relations
Long-standing partnerships with institutional and private investors – built on transparency, performance, and aligned interests
Our Investment Strategy
High Yield. Managed Risk.
Transparent Terms.
AREAL’s equity-light model combines up to 85% bank financing with premium sourcing and conservative structuring. Investors benefit from cash-flow distributions during the construction phase, strong IRR potential, and full transparency throughout the lifecycle of each project.
From acquisition to sale
– a fully integrated process turning potential into performance.
Our integrated process covers every phase of real estate value creation – from careful evaluation to successful sale.
Each property is strategically optimized, architecturally
enhanced, and positioned for the market.
This ensures lasting value and maximized return
potential for investors and partners.
1
First step
Offer Review
Comprehensive due diligence of the property offer, including location analysis, legal review, technical condition, market potential, and alignment with investment strategy.
2
second phase
Property Acquisition
Negotiation and execution of the purchase agreement, securing financing, and completing all legal and administrative requirements to take ownership of the property.
3
Third stage
Project Development
Strategic planning phase involving architectural design, permitting, financial modeling, and concept development tailored to the asset's potential and market demand.
4
fourth stage
Renovation / New Construction / Revitalization
Implementation of construction measures, whether it's structural refurbishment, complete redevelopment, or revitalization, all managed for quality, timeline, and cost efficiency.
5
fourth stage
Sale
Professional marketing and sales process aimed at investors or end users, leveraging market timing, targeted positioning, and sales channels to maximize returns.
Project Portfolio
Projects That Perform.
Locations That Matter.
Weka Karree
Location:Gelsenkirchen
Space 10.000 m²
Units: 36
Kortum Karree
Location:Bochum
Space 20.000 m²
Units:
Am Eisenbrand
Location:Düsseldorf Meerbusch
Space 3.325 m²
Units: 36
Hermesgasse
Location: Köln Niehl
Space 3.036 m²
Units: 36
Südstadt Eck
Location: Köln Marienburg
Space 3.036 m²
Units: 36
FROM EXPERTISE TO EXECUTION
A DEDICATED TEAM DRIVING VALUE THROUGH EVERY STEP.
Our team brings together expertise in architecture, development, and investment to deliver outstanding real estate solutions.
From initial analysis to final sale, we work seamlessly across disciplines to unlock potential and create long-term value.
With passion, precision, and vision, we turn opportunities into lasting results – for our clients, investors, and partners.
Chief Executive Officer
Managing Partner //
Chief Executive Officer
Chief Executive Officer
Dirk SCHUBERT
Director of Finance & Controlling
Director of Finance & Controlling
Frank Faulhaber
Director of Technical Operations & Construction
Director of Technical Operations & Construction
Ralf Nickel
Investor Relations &
Strategic Growth
Strategic Growth
Investor Relations &
Strategic Growth
Strategic Growth
AlINA TOLOCHKO
Cost Control and Financial Monitoring
Cost Control and Financial Monitoring
Dirk Schäfer
Head of Construction
Head of
Construction
Alex Funke
Senior Strategic Advisor
Managing Partner //
Senior Strategic Advisor
Senior Strategic Advisor
ANTON KONKOW
Deals & Strategie
Chief Mood Manager (and unofficial alarm system)
Baileys
1
First step
Sign up for a consultation
First of all, we will make an appointment with our specialist to discuss all the details of the order and find out your basic wishes
2
second phase
Meeting with designers
We consider your wishes in more depth and at this stage you will receive an express design project
3
Third stage
Order confirmation and payment
After approval of the design project you like, you make payment in any way convenient for you
4
fourth stage
Design work
Our specialists, under the guidance of designers, will complete all the design work for the design of your home in a short time