Commerz Real

Commerz Real is a German asset manager focused on investments in tangible assets, including real estate, renewable energy and infrastructure. Based in Wiesbaden, it is part of the Commerzbank Group. The company describes its role as bringing together capital from private and institutional investors and investing it in assets such as buildings, wind and solar projects, and infrastructure. Its stated approach connects investment returns with the practical use of those assets in cities, energy supply and public infrastructure. The company traces its investment activity in real estate to 1972, when the open-ended property fund hausInvest was established. The current Commerz Real AG was formed in 2007 through the combination of Commerzbank subsidiaries Commerz Grundbesitz Gruppe and CommerzLeasing und Immobilien AG. Its business includes public investment funds, specialist products for professional investors, and leasing and financing solutions for tangible assets. The company also reports that it has operated in renewable energy for more than 20 years and, according to its 2026 homepage, began investing in European infrastructure modernization in 2026. Its best-known offering is hausInvest, an open-ended real-estate fund for private investors. Other named offerings include klimaVest, which gives private investors access to investments in renewable energy and related infrastructure, and infraVest, focused on infrastructure assets. For professional and semi-professional investors, Commerz Real Institutional develops and manages investment products, including specialist property funds. The wider product range has included closed-end funds and leasing arrangements, including financing structures for property, large-scale assets and infrastructure projects. The company’s footprint is international. Its profile page describes more than €55 billion in assets under management across 19 countries on four continents; its homepage also reports €55 billion. The German Wikipedia article describes approximately 1,000 employees and identifies Wiesbaden and Düsseldorf as main German locations, with additional offices in several countries. Commerz Real presents itself as an experienced German asset manager combining the resources and stability of a large banking group with the specialization of a dedicated real-asset investment firm. Its current public-facing focus includes property, renewable energy and infrastructure investments for private and institutional clients.

Commerz Real’s history combines the longer record of its investment activities with the formation of the present company. Its real-estate investment activity dates to 1972, when the hausInvest open-ended property fund was established. hausInvest became the company’s best-known offering for private investors and remains a central part of its product range. The fund invests in buildings across property types such as offices, hotels, retail and residential real estate. The present Commerz Real AG was created in 2007 by bringing together two Commerzbank subsidiaries: Commerz Grundbesitz Gruppe (CGG) and CommerzLeasing und Immobilien AG (CLI). This consolidation brought property investment and leasing-related capabilities under one company. Commerz Real’s work subsequently encompassed investment products as well as financing and leasing solutions for tangible assets, including real estate, large-scale assets and infrastructure projects. The company expanded its investment activities beyond real estate. Its current corporate profile describes more than 20 years of work in renewable energy. In November 2020, according to the German Wikipedia article, Commerz Real launched klimaVest, described there as its first green real-asset fund for private investors. The product was presented as investing in renewable-energy facilities and potentially in infrastructure, mobility and forestry projects. The same article notes that consumer-testing organization Stiftung Warentest drew attention to the fund’s high initial charge and ongoing costs. Commerz Real has also operated products for professional and semi-professional investors. Under the Commerz Real Institutional brand, it develops and manages investment products, including specialist real-estate funds under German and Luxembourg law. Its broader historical activities include closed-end funds; the Wikipedia entry reports 185 completed funds and more than €14 billion in investment volume, and says that product design, distribution and administration for these products were handled through Commerz Real Fonds Beteiligungsgesellschaft until 2013. The company’s property business has included high-profile acquisitions and assets. In 2019, Commerz Real acquired the entire real-estate portfolio of Generali Lebensversicherung, comprising 49 office, residential and retail properties in premium locations in German cities. The transaction was described in the supplied German Wikipedia entry as the largest bundled real-estate purchase in German history. The entry also lists properties held in hausInvest’s portfolio, including One Forty West, Omniturm, Neue Direktion Köln, Widok Towers and Westfield London. More recently, the company’s public presentation has emphasized a broader real-asset mandate spanning property, renewables and infrastructure. Its official profile describes more than €55 billion in assets under management across 19 countries on four continents, and identifies Wiesbaden as its headquarters. The 2026 homepage says the group has invested in property for more than 54 years, in renewable energy for more than 20 years, and in European infrastructure modernization since 2026. Commerz Real remains a Commerzbank subsidiary and presents its combination of banking-group backing and specialist asset-management capabilities as a defining feature.

• 2026

  Infrastructure modernization added to stated investment focus

• 2020

  klimaVest launches

• 2019

  Generali real-estate portfolio acquisition

• 2013

  Closed-end fund activities transition

• 2007

  Commerz Real AG is formed

• 1972

  hausInvest real-estate investment activity begins

A Commerzbank Group asset manager specializing in tangible-asset investments, combining property, renewable energy and infrastructure strategies for private and institutional investors.

• hausInvest

  An open-ended real-estate fund for private investors, investing in property types including offices, hotels, retail and housing.

• klimaVest

  A real-asset investment product for private investors focused on renewable energy and related infrastructure.

• infraVest

  A private-investor offering focused on infrastructure assets, including telecommunications, energy and social infrastructure as described on the official homepage.

• Commerz Real Institutional

  A brand under which the company develops and manages investment products for professional and semi-professional investors, including specialist real-estate funds.

• Expansion into green real-asset investments for private investorsOther

• Broader focus on infrastructureOther

1. 1Commerz Real: Asset Manager für Sachwert-Investmentscommerzreal.com
2. 2Über uns | Commerz Real im Profil: Geschichte & Stärkecommerzreal.com
3. 3Commerz Realde.wikipedia.org
4. 4Commerz Realwikidata.org