Tuesday, 3 March 2026
ZEITGEIST Asset Management has completed a change in its shareholder structure following the exit of the family office of co-founder Sebastian Junghänel.
Under the transaction, Sebastian Junghänel’s family office sold its stake to Family Office Noack. As a result, Family Office Noack now holds 85 percent of the company, while the remaining 15 percent is owned by RAV SICAF. The transaction concludes the previous partnership between the shareholders.
ZEITGEIST provides development and asset management services to private and institutional investors. Since 2014, the company has managed 67 projects across five countries, covering a total area of approximately 340,000 sqm and representing around €1.2 billion in assets under management. Its activities are focused on residential, office and urban regeneration projects.
Sebastian Junghänel stated that the transaction creates a clearer long-term ownership structure for the company and expressed confidence in its future direction.
Peter Noack, Founding Partner and CEO of ZEITGEIST Asset Management, said the revised shareholder base is intended to support the company’s development strategy and future investment activity.
Photo: Peter Noack, Founding Partner i CEO ZEITGEIST Asset Management, Zdena Noack, CEO ZEITRAUM
