We are a leading portfolio developer of residential properties in Germany. We identify and realize potentials for tenants, owner-occupiers & investors, thereby creating and preserving attractive and at the same time affordable living space throughout Germany.
We specialize in upgrading ageing residential portfolios, mostly company-owned apartments, residential areas or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations. We tap both technical and commercial development potentials through extensive and proactive asset management.
After a successful development, the properties remain in our portfolio or are sold in the medium term to investors and/or individually to existing tenants, capital investors and owner-occupiers.
In this way, we create a noticeable and sustainable added value for all stakeholders: from investors, employees and financing partners to current and future tenants. Noratis AG is listed on the Frankfurt Stock Exchange.
Noratis – Developing Residential Real Estate
FOCUSED BUSINESS MODEL WITH AN ATTRACTIVE RISK-RETURN PROFILE
Our business model combines the high supply of residential real estate in need of attention with the ever-rising demand for both, attractive and affordable living space.
Generally, we acquire real estate that, already from the beginning, generate rental surplus. The business model thus combines the advantages of a real estate developer with those of an asset manager. Recurring rental income secure an ongoing cash-flow whereas significant profits are being realized when selling the upgraded properties.
All core tasks along the value chain, from acquisition, development and asset management to sales, are carried out by around 50 Noratis-employees. Property Management is assumed by external service providers. Development measures are carried out mostly by service partners.
IGOR CHRISTIAN BUGARSKI
CEO | Civil Engineer
Major shareholder of Noratis since 2011, responsible for acquisition, development, sales, legal and HR
Extensive work experience in the area of real estate / corporate development
(e.g. CBRE and DeTeImmobilien)
»We create and preserve attractive and affordable living space«
Igor Christian Bugarski, CEO of Noratis AG
CFO | Master in Business Administration
Part of Noratis since 2015, responsible for finance, controlling, investor relations and IT
Extensive work experience in the area
of real estate investment banking (e.g. Morgan Stanley and Deutsche Bank)
DR FLORIAN STETTER
Chairman of Supervisory Board
Founder and CEO of RockHedge AG (since 2011)
Former managing director and CFO of DeTeImmobilien and Strabag PFS as well as
formerly active in various positions of top management consultancies (e.g. McKinsey and OC&C)
HENDRIK VON PAEPCKE
Vice Chairman of Supervisory Board
Managing director and co-founder of APOprojekt GmbH, responsible for finance, marketing and sales
Foundation of APOprojekt in 2007, development of the company into a leading service provider for commercial tenant fit-out
Member of Supervisory Board
Partner at NAI apollo advising (inter-)national investors (since 2007)
Former Head of Research & Consulting as well as of International Business at Dr Lübke GmbH
We look forward to your suggestions, questions and criticism. Please use our contact form.
T +49 (0)69 170 77 68 20
F +49 (0)69 170 77 68 24