PRIMUS with a new shareholder structure and clear goals for 2024
As part of a management buy-out, Sebastian Fischer (CEO & shareholder) and David Neuhoff (CFO & shareholder) are taking over PRIMUS Immobilien AG together with Christopher Muhr, who already holds shares via his family office and is a member of the Supervisory Board.
In addition to the takeover of a 20-strong team, the management buy-out also includes a development portfolio in prominent inner-city locations with a total development volume of over EUR 415 million.
Our goal is clear: to consistently focus on projects of institutional quality and scale in the residential and commercial sectors, particularly in the central locations of Germany’s major cities. Thanks to the expanded involvement of the family office, we are in an excellent position to take advantage of the opportunities presented by the challenging market environment. We plan to invest a total of at least EUR 100 million of equity in new acquisitions over the course of the year.
Information on PRIMUS Immobilien AG with new shareholder structure