Noratis – Investing in Homes
We are one of Germany’s leading portfolio developers of residential real estate. Our core strength lies in identifying and unlocking potential – for tenants, owner-occupiers, and investors alike. Through strategic revitalization and targeted management, we create and preserve affordable, high-quality living spaces across the country.
Our claim “Investing in Homes” is both a positioning and a promise: We focus on upgrading aging housing stock – including former company apartments, residential quarters, and estates – in mid-sized to major cities and suburban areas of metropolitan regions. Our approach combines technical and commercial enhancements through active, hands-on asset management, aimed at improving both property value and the long-term living experience.
With a strong in-house team of around 50 specialists, Noratis covers the entire value chain – from acquisitions and technical due diligence to asset development and sales. Property management is executed in close cooperation with experienced regional partners.
Our commitment to ESG and Brown-to-Green transformation drives our ambition to enhance not just buildings, but also urban environments and community life. The result: stable rental income, value appreciation, and a measurable impact for all stakeholders – from shareholders and financing partners to residents and local communities.
Noratis – Investing in Homes. Creating Value with Purpose.
Focused Business Model with an Attractive Risk-Return Profile
Noratis AG follows a proven and resilient business model, leveraging the steady supply of older residential properties with modernization potential and the growing demand for affordable, quality living space.
We typically acquire income-generating assets from day one, ensuring immediate positive cash flow. By combining the strengths of a long-term holder with the agility of a developer, our model enables us to unlock additional value through targeted enhancements and strategic disposals – including privatization opportunities where appropriate.
Our value creation process is deeply integrated: A dedicated team of around 40 professionals handles all key functions in-house – from acquisitions and technical development to asset management and sales. Property management is executed by trusted local service providers, while refurbishment and modernization measures are typically implemented by regional construction partners.
As part of our ESG strategy, we pursue a pragmatic brown-to-green transformation approach, aiming to improve energy efficiency, tenant quality of life, and long-term asset sustainability.
This integrated platform allows us to act quickly, manage risk effectively, and deliver stable income with upside potential – making Noratis a compelling investment in Germany’s dynamic residential market.
Noratis – At a Glance
Management Board
Kim Niklas Andersson (Chief Executive Officer (CEO))
Kim Niklas Andersson joined Noratis AG in April 2025 and brings with him over two decades of experience in real estate investment and management. Before joining Noratis, he served for many years as Managing Director of IMMOWERK and held senior positions at international investment firms such as Dream Global REIT, SEB Investment, and Sal. Oppenheim.
He holds a degree in Economics from Lund University in Sweden and is a certified Real Estate Economist (EBS) from the European Business School in Oestrich-Winkel, Germany.
With his deep industry expertise and strategic mindset, Kim Niklas Andersson stands for entrepreneurial thinking, operational excellence, and long-term value creation in the residential real estate market.
Non-Executive Senior Management
Investment and Asset Management Expertise
Nils Hübener (Non-Executive Chief Investment Officer (CIO))
Nils Hübener is serving as Non-Executive Chief Investment Officer (CIO), contributing his extensive investment expertise to the company’s strategic development.
He brings over 25 years of international experience in real estate investment. Before joining Noratis, he held senior leadership positions including Global CIO at BNP Paribas REIM and CEO of the Dr. Peters Group.
Over the course of his career, he has overseen transactions totaling around €30 billion and managed major German and international real estate portfolios.
He holds a degree in Urban and Regional Planning from the Technical University of Berlin and a Master of Science in European Property Development and Planning from University College London.
With his deep industry expertise and international background, he plays an integral role in advancing the company’s transformation strategy.
supervisory board
Ullrich Sierau (Chairman of the Supervisory Board)
Former Lord Mayor of the City of Dortmund, as councillor for planning and building and deputy mayor with deep expertise in municipal leadership and urban development.
Member of several supervisory boards, oftenly the chairman.
Managing Director of the start up Ambiscara Inspiration Transformationskontor, focusing on strategic transformation consultancy and urban innovation.
Daniel Mair (Member of the Supervisory Board)
Managing Director at Accuracy GmbH with over 30 years of experience in transaction and restructuring advisory, particularly in the real estate sector.
Previous positions include Partner at EY and independent auditor based in Frankfurt am Main.
Ullrich Sierau (Member of the Supervisory Board)
Managing Partner of OIC Hub GmbH and Member of the Supervisory Boards of Branicks Group AG and VIB Vermögen AG.
He has more than 35 years of experience in the real estate industry and brings extensive expertise as an entrepreneur, managing director, executive board member, and supervisory board member.
Previous positions include serving on the Executive Boards of TLG Immobilien and DO Deutsche Office, as COO of DIC Asset, and as Managing Director of Corpus Sireo.
