THE P&P GROUP
Real Estate Investment Platform
P&P Group specialises in developing real estate projects that meet the highest standards of sustainability and social responsibility. With almost 30 years of entrepreneurial industry experience, we know how important it is to invest in projects where we can deliver real added value through our expertise.
We develop innovative real estate projects & revitalise existing properties that not only meet the needs of our clients, but also take ecological and social aspects into account.
We are building a cross-generational business group that thrives & sustains on its own, independent of economic volatility.
Michael Peter, Founder
REAL ESTATE INVEST
We identify the potential of urban living spaces and create sustainable added value for our society
As an established investor, we recognise opportunities and are courageous in pursuing and implementing visions. Flexibility, focus and decision-making power are essential components of our success.
We benefit from our wide-ranging expertise in engineering, portfolio structuring, building rights creation, asset & property management.
LOCAL MARKET ACCESS
With the P&P Foundation VITA, we want to stand up for people who need special protection, who are on the fringes of society, for example. Improving the living conditions for future generations through our support is a mission that is close to our hearts and enjoys the highest priority. The Foundation supports above all disadvantaged children and young people for the chance of a life worth living.
The foundation, which was established in 2011, exclusively pursues charitable and benevolent purposes. However, the foundation also aims to initiate and develop its own projects and thereby become active at the grassroots level.
1995 - 2001
Michael Peter establishes the company "Peter und Partner e.K." in Burgfarrnbach near Fürth, laying the foundation for today's P&P Group. First projects include the refurbishment of residential buildings. Revitalisation of about 200 properties in the new federal states, especially in Zwickau (Saxony). In addition, redevelopment, subdivision and sales also took place in Munich, Berlin and Würzburg.
2002 - 2007
Return to the Nuremberg metropolitan region and relocation of the company headquarters to Fürth. Projects included the redevelopment of the former conversion areas in Südstadt as well as the Carrera building and the former building authority. Furthermore, approx. 600 flats were redeveloped in Fürth's Südstadt as well as a former riding stable in Burgfarnbach and post office lofts in Nuremberg.
2008 - 2013
Expansion of the business segment to include new construction and asset & property. Construction of fully furnished single-room flats with kitchenette or 'micro-apartments'. Rise to one of the leading property developers in the region. Projects included, for example, the Quelle portfolio, the Heumann site, the hospital in Forchheim or terraced housing estates in Erlangen / Schwabach and Forchheim.
2014 - 2017
Sale of parts of the property development business to BPD and development into an investment developer. Expansion of the field of activity to include serviced flats and hotels. Projects included office developments in Munich, the Puma site in Herzogenaurach, the barracks in Schweinfurt and various acquisitions and sales in Germany.
Acquisition of the Southwind portfolio of 22 properties with over 100,000m² of lettable space (mostly used by Deutsche Telekom) and acquisition of the Hornschuch Campus with 37,000m², a former railway site in Fürth.
Completion of the strategic restructuring through the sale of the capital investor property development business "P&P Wohnbau" and 15 property management companies.
Strengthening of the "Residential" segment with the purchase of over 1,000 residential units. The group additionally starts joint ventures in Berlin and Leipzig to expand the scope and makes joint purchases in these regions.
The P&P Group opens the Urban City Center FLAIR in Fürth, a modern shopping centre including the event and experience location Hologate World. The group acquires the Metz-Areal in Nuremberg with 84,000 m² of land. In total, the group employs more than 100 people.
P&P is setting the course for future growth and diversifying, among other things through a new location in London. The new construction business is expanded and the sales platform is established. P&P completes more than 200 residential units units and starts the construction of construction of 120 new residential units.
P&P continues to expand the further. Development of >500 sustainable new apartments (KfW 40 EE). With the project "Sunshine Lofts" project in Bamberg revitalised flats are sold individually to new sold to new owners. Eva-Maria Zurek becomes the new CEO and takes over from Founder Michael Peter.