Moreover, Westgrund AG maintains a lean organisation and focusses on central functions aa well as asset management, i.e. the business development of the existing portfolio of residential properties. The operating business however – including the administration of the residential units, property management and daily contact with tenants – is largely run by external partners that perform these tasks on behalf of Westgrund AG.
Westgrund AG operates exclusively in Germany, with a focus on residential space with medium to low rents – which is the segment for which Westgrund AG has the best expertise for sustainable success.