Patrizia SE

Based in Augsburg, Germany, the company is listed on the Frankfurt stock exchange and, among others, is a member of the SDAX and MSCI World Small Cap Index.

As a company with operations around the world, PATRIZIA offers investment opportunities in real estate and infrastructure assets for institutional, semi-professional and private investors.

"[5] Following the company's IPO in 2006, Patrizia acquired residential real estate in major German cities and conurbations, expanding its portfolio to include around 13,000 apartments.

A co-investment with a consortium of pension and insurance funds enabled Patrizia to acquire LBBW Immobilien GmbH (later: SÜDEWO), owner of around 21,500 apartments, for €1.435 billion in February 2012.

[7] Led by Patrizia, a co-investment consortium of pension funds, insurance companies and savings banks acquired 92% of the shares in GBW AG (later: Dawonia)in April 2013.

Kenzo is an established local platform serving European clients interested in investing in Japanese residential real estate through a dedicated fund that was launched in 2017 in cooperation with Patrizia.

“The new name of the company and the renouncement of the German addendum Immobilien takes into account our stronger international orientation we have focused on for some time now,” commented Wolfgang Egger, CEO of PATRIZIA.

Soon after Patrizia created a strategic partnership with WiredScore, a global rating scheme for digital connectivity across commercial and residential real estate.

[17] In November 2020, Patrizia expanded its global innovation ecosystem and scouting approach with an investment in the Camber Creek PropTech Venture Capital Fund.

During the same year Patrizia was in the firing line in Hamburg as it developed a Mövenpick Hotel in the former water tower in Sternschanzenpark despite questions surrounding the legitimacy of the project's building permits.

The award recognises industry leaders in Europe who have made significant contributions to urban development and real estate, along with civic and social endeavours.

In addition, a new Executive Committee has been established to manage the company's growing product portfolio, larger business scope and increasing international reach and to support PATRIZIA's mid-term growth ambitions.