Aroundtown SA (former Aroundtown Property Holdings Plc) is a

publicly listed A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (li ...

real estate company, registered in

Luxembourg Luxembourg, officially the Grand Duchy of Luxembourg, is a landlocked country in Western Europe. It is bordered by Belgium to the west and north, Germany to the east, and France on the south. Its capital and most populous city, Luxembour ...

. It invests in commercial and residential properties in central locations in European cities primarily in Germany and the Netherlands.

History

Aroundtown was founded in 2004 by Israeli-born businessman Yakir Gabay. The first acquisitions started in the center of Berlin, in neighbourhoods such as

Mitte Mitte () is the first and most central borough of Berlin. The borough consists of six sub-entities: Mitte proper, Gesundbrunnen, Hansaviertel, Moabit, Tiergarten and Wedding. It is one of the two boroughs (the other being Friedrichshain-Kreuz ...

and

Charlottenburg Charlottenburg () is a Boroughs and localities of Berlin, locality of Berlin within the borough of Charlottenburg-Wilmersdorf. Established as a German town law, town in 1705 and named after Sophia Charlotte of Hanover, Queen consort of Kingdom ...

. The company went public on the

Euronext Euronext N.V. (short for European New Exchange Technology) is a European bourse that provides trading and post-trade services for a range of financial instruments. Traded assets include regulated equities, exchange-traded funds (ETF), warrant ...

Stock Exchange in mid 2015. By 2019, it was the largest publicly traded real estate company in Germany.

Overview

Aroundtown invests in commercial and residential real estate. The majority of the portfolio is located in the cities of

Berlin Berlin ( ; ) is the Capital of Germany, capital and largest city of Germany, by both area and List of cities in Germany by population, population. With 3.7 million inhabitants, it has the List of cities in the European Union by population withi ...

(25%),

Frankfurt Frankfurt am Main () is the most populous city in the States of Germany, German state of Hesse. Its 773,068 inhabitants as of 2022 make it the List of cities in Germany by population, fifth-most populous city in Germany. Located in the forela ...

Munich Munich is the capital and most populous city of Bavaria, Germany. As of 30 November 2024, its population was 1,604,384, making it the third-largest city in Germany after Berlin and Hamburg. Munich is the largest city in Germany that is no ...

Cologne Cologne ( ; ; ) is the largest city of the States of Germany, German state of North Rhine-Westphalia and the List of cities in Germany by population, fourth-most populous city of Germany with nearly 1.1 million inhabitants in the city pr ...

Hamburg Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-lar ...

Amsterdam Amsterdam ( , ; ; ) is the capital of the Netherlands, capital and Municipalities of the Netherlands, largest city of the Kingdom of the Netherlands. It has a population of 933,680 in June 2024 within the city proper, 1,457,018 in the City Re ...

London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...

and other major European metropolitans. Approximately half of the portfolio is offices, the remaining is primarily hotels and residential.

References

{{Reflist Real estate companies of Luxembourg Real estate companies established in 2004 Financial services companies established in 2004 Luxembourgian companies established in 2004 Companies listed on the Frankfurt Stock Exchange Companies formerly in the MDAX