Tuesday, 23 June 2026
Thomas Bergander and Sven-Christian Frank have launched Aequitas Real Estate GmbH, a Munich-based real estate investment manager focused on value-add assets and restructuring situations in Germany.
The new company will target residential and office properties, with a particular focus on complex transactions, including portfolio acquisitions, development site investments, corporate takeovers and restructuring-related opportunities. The founders aim to build an investment portfolio with a volume of approximately €1 billion over the next three to five years.
Aequitas Real Estate will be led by Bergander and Frank as managing partners. Bergander is the owner and managing director of Berlin-based developer Taurecon GmbH, while Frank is a lawyer and former member of the management board of Adler Group.
The company plans to work with external strategic partners on a project-by-project basis. According to Aequitas, these collaborations will provide access to transaction opportunities, financing expertise and legal structuring support without involving equity participation or board appointments.
Among the strategic partners supporting the platform are Michael Zahn, who will assist with deal sourcing and investor relations; Francesco Fedele, CEO of BF.direkt AG, who will advise on financing and debt structuring; and Dr. Kristian J. Heiser, partner at Raschke von Knobelsdorff Heiser, who will support transaction structuring.
Frank said the company aims to combine transaction sourcing, capital access and execution capabilities within a single platform focused on institutional investment opportunities in the German-speaking region.
Bergander noted that the current market environment is creating opportunities in value-add and restructuring situations as property owners continue to face refinancing challenges and investors adopt a more selective approach to acquisitions.
Aequitas Real Estate will focus primarily on opportunities in Germany, while targeting cross-border investors seeking exposure to more complex real estate transactions.
