CV Real Estate, a partner for real-estate project developments and investments, is gearing up for further growth. The company led by its founder and CEO Christian Vogrincic has expanded its range of services to include asset management, structuring, and financing and is now doing business with a new structure. In future, the activities previously combined under CV Projektentwicklung GmbH will be structured into three divisions under the CV Real Estate AG umbrella: CV Development, CV Asset Management, and CV Capital. The non-listed stock company is managed by Christian Vogrincic as sole owner and CEO, and Anatol Obolensky as another board member.
“Since CV Projektentwicklung was founded in 2011, we have established ourselves as one of the leading project developers in southern Germany, and increased our development volume to around 300 million euros by the end of 2018,” says Christian Vogrincic. “By founding CV Real Estate AG, we are taking an important strategic step, and covering the entire value chain in the real estate development and investment sector with our two new divisions CV Asset Management and CV Capital.” Besides project development, CV Real Estate AG will from now on also offer comprehensive services related to the structuring and financing of projects. The focus is on commercial real estate projects in the residential, office, retail, hotel, and logistics sectors.
STRONGER FOCUS ON INSTITUTIONAL CLIENTS
National and international institutional investors who want to invest in high-yield, stable-value real estate projects, as well as real estate owners and other developers who want to fully exploit the potential of their real estate, will find CV Real Estate to be a top-performing partner. “We combine process excellence, comprehensive expertise, and passion to guide the most demanding projects to success – from planning and development to the rapid professional implementation of real-estate projects,” says Vogrincic.
Within the coming years, CV Real Estate intends to become one of the top five project developers in Germany. Over the next two years, the realised project volume is expected to triple to around EUR 1 billion, and the company aims to achieve a volume of EUR 1.5 billion in assets under management.
To accommodate this growth, CV Real Estate is expanding its capacity and strengthening its management team. Since the end of 2018, the experienced planner and developer Sebastian Koch has been on board as Head of CV Development. The architect and real-estate economist brings 20 years of experience in the real-estate business gained in his work for renowned national and international architects and developers. CV will also fill the management positions for Asset Management and Capital with experienced experts. In all, the team is expected to grow from 12 people at present to more than 20 by the end of the year.