INDUSTRIA expands assets under management to €5.6 Billion in 2024
INDUSTRIA has significantly expanded its assets under management (AuM), achieving a 15% increase in 2024 despite a challenging market environment. The Frankfurt-based asset and property manager saw its AuM rise from €4.9 billion at the end of 2023 to €5.6 billion by the close of 2024. The number of residential and commercial units under management also grew from 19,400 to 21,800.
The expansion is largely attributed to the acquisition of two major asset management mandates in the summer of 2024, adding €350 million in assets and approximately 2,200 residential units to INDUSTRIA’s portfolio. The company also secured two additional large-scale property management contracts and completed several development projects purchased in prior years. Looking ahead, INDUSTRIA plans to integrate around 900 newly built apartments into its investment funds in the coming months.
Alongside its acquisitions, INDUSTRIA was also active in property sales. The company sold four assets from the portfolio of its FOKUS WOHNEN DEUTSCHLAND open-ended public property fund for a total of approximately €103 million.
Strategic Growth and Market Adaptation
Reflecting on the year, Thomas Wirtz FRICS, Managing Director of INDUSTRIA, highlighted the firm’s adaptability in a market characterized by low transaction volumes. He noted that acquiring the management mandates of two investment funds, including assets from the insolvent d.i.i. Group, fueled exceptional growth. Looking forward, INDUSTRIA aims to expand third-party mandates and introduce new fund products in 2025.
Managing Director Arnaud Ahlborn emphasized the company’s success in selling properties despite the challenging market. He stated that demand remains strong for energy-efficient assets, which INDUSTRIA has strategically acquired for its funds. He also noted that the company is preparing further sales as part of its broader investment strategy.
Strengthening Property Management Capabilities
Jürgen Hau, Managing Director responsible for property management, detailed INDUSTRIA’s plans for 2025. He underscored the company’s ambition to strengthen its position as a leading residential property manager in Germany while expanding into commercial real estate. In 2024, INDUSTRIA upgraded its technical infrastructure, enhanced client management, and broadened its service mandates, including taking on the management of large-scale commercial properties in partnership with Becken Group.
Currently, INDUSTRIA manages ten institutional property funds in addition to the FOKUS WOHNEN DEUTSCHLAND open-ended public property fund. In its institutional division, the firm oversees accounts for approximately 80 investors, including superannuation schemes, pension funds, municipal and clergy pension schemes, insurance companies, and banking institutions. With continued investment in technology and strategic acquisitions, INDUSTRIA is poised for further growth in 2025.
