The Westground Group – obliged to Appreciation in value
The Westgrund group, of which WESTGRUND AG is the holding company and operative headquarter, focuses on the acquisition, management and development of residential properties. It operates exclusively in Germany, with a focus on Northern and Eastern Germany. With the exception of Berlin, investments are made in residential portfolios in medium-sized and smaller towns that exhibit a stable socio-economic environment. In these locations, the Westgrund group offers its target group – tenants on medium to low incomes – affordable living space of standard market quality. At the same time, Westgrund maintains a low-level business risk by acquiring only portfolios that also generate a positive cash flow immediately after acquisition as all decisions taken by WESTGRUND AG are intended to increase the company’s value over the long term.
In June 2015, ADLER Real Estate AG has taken over nearly 95 percent of the share capital of Westgrund AG and is thus in the position to execute a dominant influence on the management of the company.