- CEO
- Barak Bar-Hen
- Full Time Employees
- 1,621
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- 37, Boulevard Joseph II Luxembourg LU Luxembourg 1840
- IPO Date
- Oct 25, 2019
- Business
- Aroundtown S.A. is a Luxembourg-based real estate company specializing in income-generating quality properties with value-add potential primarily in central locations within top-tier European cities, notably Germany, the Netherlands, and London. The company operates through two main segments: the Commercial Portfolio, which includes office, hotel, retail, logistics, and other commercial properties, and the GCP Portfolio, managed through its subsidiary Grand City Properties S.A., focusing on residential real estate investment in densely populated areas, predominantly in Germany. Founded in 2004 and headquartered in Luxembourg City, Aroundtown maintains a fully integrated real estate value chain emphasizing property repositioning and intensive management to enhance rent, occupancy, and overall value.
The company’s product offerings encompass commercial real estate assets such as office spaces, hotels, retail outlets, logistics hubs, and residential properties via GCP, targeting value creation through asset management and operational improvements. Aroundtown focuses on generating stable, cash-flow-producing income streams supported by strong market fundamentals and growth prospects. It engages in financing activities tied to its real estate operations across Germany, the Netherlands, the United Kingdom, Belgium, and other international locations.
Recent major changes include the launch of ATechX, a PropTech accelerator in collaboration with FifthWall, noa, and Round Hill Capital aimed at fostering technological innovation in areas like CO2 reduction, building digitization, ESG optimization, ancillary revenue generation, and cost efficiency. Additionally, Aroundtown introduced ATworld, a digital user experience platform to enhance tenant engagement across its office and hotel properties by creating a connected network of spaces and services. The company reported continued operational growth in 2024 with solid like-for-like rental increases and successful disposals amounting to approximately €1.7 billion to reduce leverage, achieving a loan-to-value ratio of 42%. Their ESG initiatives advanced with green certifications covering 65% of the office portfolio and 30% of the hotel portfolio. Throughout 2024, Aroundtown also focused on social responsibility programs and maintained high tenant satisfaction reflected by recertification of service centers for commercial and residential segments.
In summary, Aroundtown S.A. is a leading European real estate firm managing a diversified portfolio of commercial and residential assets with strategic initiatives in PropTech and tenant experience technologies, strong operational performance, disciplined financial management, and a proactive ESG agenda to sustain growth and value creation.