Real estate industry
P&P Group: Strong annual result in 2022 in the mid double-digit million range

Fürth, 1. June 2023 - The Group invests in real estate (Germany and Great Britain) through P&P and in both private equity and venture capital through Rivus Capital. The focus is on social added value.

In the Real Estate Germany segment, the P&P Group was able to continue the success of previous years in 2022 and generate a strong annual result in the mid double-digit million range. Due to the significantly more difficult general conditions, strategic packages of measures were successfully implemented.

Management is countering the current challenging situation in Europe, the economy and the real estate market with a solid financial position. In 2022, the Group reports an equity ratio of 45 to 50%. Total assets amount to approximately EUR 600 million.

P&P, with founder Michael Peter, is looking positively to the future as "opportunities of the century" can be seized in these times and strong companies are moving into the next phase of growth.

By establishing the sales platform and the active property development business, it was possible to establish further business models in addition to institutional sales. Positive effects of these steps can already be recorded today. The three core business areas in Real Estate Germany comprise:

  • Transactions (individual properties and portfolios)
  • Asset- und Property Management
  • Development & Refurbishment (incl. ESG Upcycling)

P&P sees itself as socially obligated to promote possible innovations and to invest in them in an entrepreneurial way. The company raises potentials and strives for sustainable future-oriented real estate concepts through planning as well as constructional innovations. The financial situation is also assumed to be extremely stable in the future with positive future prospects. The aim is for the Group to continue to develop its strong equity ratio in 2023. Investments are continuously made with courage and determination.

Media contact

P&P Group
Babette Wagner
Isaak-Loewi-Straße 11
90763 Fürth
0911 766061-47
wagner@pp-group.com

Jaroslaw Plewinski
PB3C GmbH
Tauentzienstraße 16
10789 Berlin
Tel.: 030 726276 152
plewinski@pb3c.com