Bergfürst

[2] In 2019, Commerz Real AG acquired a 24.9 % stake in Bergfürst and became the second-largest shareholder.

[4][5] Since May 2019, Bergfürst has been partnering with Dortmund-based software developer Adesso SE [de].

[2] In his extensive 2021 how-to guide, Tobias Gillen explains that investors can make investments ranging from EUR 10 to 25,000 on Bergfürst.

The real estate companies usually use the investors' money as mezzanine capital to obtain favourable loans from other financial service providers to realise their projects.

[2] In May 2019, the "Z19 Stadthaus Plus" project in Bernburg that was financed by Bergfürst had to file for insolvency and went into administration.

[14] According to a 2021 in-depth Handelsblatt article written by Lars-Marten Nagel and Michael Verfürden, 500 small-scale investors lost EUR 440,000.

[13] Nagel and Verfürden also point out that Bergfürst "deludes" its investors into assuming a non-existent safety.

[4] Two additional major shareholders are Axel Springer SE, and Berliner Volksbank.