Aroundtown
Aroundtown is a Luxembourg-registered European real estate company focused on commercial and residential property in major metropolitan markets.
Last updated August 31, 2026
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Overview
Aroundtown SA, formerly known as Aroundtown Property Holdings Plc, is a publicly listed real estate company registered in Luxembourg. Its business is centered on acquiring, holding, managing, and developing commercial and residential properties in central urban locations across Europe, with Germany and the Netherlands forming the core of its investment geography. The company’s portfolio is concentrated in major metropolitan areas rather than dispersed across smaller markets, reflecting a strategy built around population density, employment centers, transport links, and sustained demand for centrally located property. The company was founded in 2004 by Israeli-born businessman Yakir Gabay. Its early acquisitions began in central Berlin, including districts such as Mitte and Charlottenburg. Berlin provided a significant initial platform for the company’s expansion and established the urban, location-focused approach that has remained associated with the business. From this base, Aroundtown broadened its activity into additional German cities and other large European urban markets. Aroundtown became publicly traded on the Euronext Stock Exchange in mid-2015. The listing marked an important transition from an acquisition-led private real estate enterprise to a larger public property company with access to listed-market capital and visibility among institutional investors. By 2019, it was described as the largest publicly traded real estate company in Germany, reflecting the scale it had reached within the German listed property sector. The company invests in both commercial and residential real estate. Offices account for approximately half of the portfolio, while hotels and residential properties make up much of the remainder. This mix gives Aroundtown exposure to several forms of urban real estate demand, although the commercial component means that office-market conditions are particularly relevant to its portfolio. Its stated geographic concentration includes Berlin, Frankfurt, Munich, Cologne, Hamburg, Amsterdam, London, and other major European metropolitan areas. Berlin represents approximately 25% of the portfolio according to the referenced overview. Aroundtown’s brand is therefore best understood as an institutional property investment and operating platform rather than a consumer-facing real estate label. Its activities are associated with large-scale urban assets, portfolio management, and a geographically concentrated approach to European commercial and residential property. Public information supplied for this entry does not establish a current website, ticker, named executive roster beyond the founder, detailed property-level product names, or specific recent campaigns and controversies. Those fields remain limited where the available reference material does not support additional claims.
History
Aroundtown was established in 2004 by Yakir Gabay, an Israeli-born businessman who created the company as a real estate investment enterprise focused on major European urban markets. The first acquisitions took place in central Berlin, including the districts of Mitte and Charlottenburg. These early purchases established two defining characteristics of the business: an emphasis on major metropolitan locations and a preference for centrally situated properties with access to established commercial and residential demand. Following its initial Berlin activity, Aroundtown expanded its investment footprint beyond the capital. The company developed a portfolio covering both commercial and residential real estate, with offices, hotels, and residential properties forming the principal asset categories described in the available reference material. Germany remained the most important market, while the company also built exposure to the Netherlands and other major European cities. The portfolio’s geographic profile includes Berlin, Frankfurt, Munich, Cologne, Hamburg, Amsterdam, London, and additional metropolitan areas. Berlin is identified as accounting for approximately 25% of the portfolio, while the overall portfolio is described as being primarily concentrated in Germany and the Netherlands. A major corporate milestone occurred in mid-2015, when the company went public on the Euronext Stock Exchange. The listing gave Aroundtown the status of a publicly traded real estate company and provided a market-based framework for its continuing growth. The business was formerly known as Aroundtown Property Holdings Plc and is now referred to as Aroundtown SA. Its registration in Luxembourg reflects the company’s corporate domicile, while its principal property exposure is located in other European countries. By 2019, Aroundtown had become the largest publicly traded real estate company in Germany according to the referenced account. This description indicates the scale achieved by the company within the German listed property market by that point. Its portfolio remained diversified across offices, hotels, and residential assets, though offices represented approximately half of the holdings. The balance was primarily made up of hotels and residential properties. The available material does not provide a detailed account of subsequent acquisitions, disposals, management changes, financial performance, or current operating initiatives. It also does not identify a current chief executive, a stock ticker, a corporate website, named consumer campaigns, or specific legal and regulatory controversies. Accordingly, the documented history is strongest for the company’s founding, early Berlin acquisitions, 2015 public listing, geographic expansion across major European metropolitan areas, and its stated 2019 position in the German listed real estate sector.
- 2019
Largest publicly traded German real estate company
[1]Aroundtown was described as the largest publicly traded real estate company in Germany.
- 2015
Euronext listing
[1]Aroundtown became publicly traded on the Euronext Stock Exchange in mid-2015.
- 2004
Company founded
[1]Yakir Gabay founded Aroundtown as a real estate investment company focused on major European urban markets.
- 2004
Initial Berlin acquisitions
[1]The company began acquiring properties in central Berlin, including assets in Mitte and Charlottenburg.
Products and positioning
A publicly listed, metropolitan-focused European real estate investment and operating company with a portfolio spanning offices, hotels, residential assets, and other commercial properties.
Commercial real estate
Office properties
Office buildings form approximately half of Aroundtown’s portfolio. The company focuses on commercial properties in major European metropolitan areas, where central locations serve established employment, business, and transport networks. The available material does not identify individual office developments or brands.
Hospitality real estate
Hotel properties
Hotels constitute one of the principal non-office components of Aroundtown’s real estate portfolio. These assets are held as part of a broader metropolitan property strategy rather than presented as a consumer hotel brand in the available sources. Specific hotel names, operating partners, and property counts are not established here.
Residential real estate
Residential properties
Aroundtown invests in residential real estate in major European urban markets. Residential holdings complement its office and hotel exposure and contribute to a mixed property portfolio concentrated in central or strategically important metropolitan locations. The supplied reference does not provide a list of residential developments or branded residential offerings.
Recent events
Aroundtown finalizes management body composition following TLG merger[2]
Reported:
Aroundtown finalized the planned composition of its five-member Management Body following completion of its merger with TLG. The changes, due to take effect in the second half of 2020, include Shmuel Mayo as CEO, Eyal Ben-David as CFO, Barak Bar-Hen as COO and Co-CEO, Oschrie Massatschi as CCMO, and Klaus Krägel as CDO. Andrew Wallis resigned as Deputy CEO.
Sources2 sources
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