The Frankfurt-based transaction advisor Access Real Estate has recorded a completed transaction volume of 45 million euros for 2025. In total, the off-market specialist accompanied the transaction of more than 750 residential units last year. Since its founding in mid-2023, the transaction volume has totalled around 117 million euros, making 2025 one of the company’s strongest sales years to date.
Access was founded on the conviction that real estate transactions in a changed market environment are decided by reliable analysis, clean and individual structuring and trust in implementation. The founders Lionel Reichert and Steven Nollau bring together complementary perspectives from transaction advice and an investor network.
Access relies on clearly defined processes, short decision-making processes and individual and personal client support – especially where standard solutions are no longer viable.
In Access Real Estate’s day-to-day business, complex transactions continue to gain in importance – for example, in portfolio adjustments, new financing structures or special property situations. Off-market processes remain central when sellers are sensitive to the visibility of their properties. The consulting firm uses classic bidding processes where it makes sense to address investors on a broad scale. “Many mandates today can no longer be solved with standard processes,” says Managing Partner Lionel Reichert. Regulation, financing structures, different owner interests and user requirements would have to be brought together in one transaction. “Our goal is to develop the right exit strategy and deal structure for each property.”
Managing Partner Steven Nollau adds: For investors, it is less about a lack of opportunities than about the question of how a property can be sensibly developed or sold under current conditions. “We therefore work out an individual structure for each asset – from the exit strategy to the buyer group to the appropriate process.”
Management team is growing – focus on additionally broadened investor access
In 2025, Access Real Estate expanded its management level. Leopold Stolberg, another experienced investment manager, has joined as a partner. He was most recently Head of Investment at Noratis AG and brings around ten years of experience from management positions at Conren Land AG and Hudson Advisors. At Access Real Estate, he is responsible for the expansion of the international investment and transaction business. Stolberg thus complements Managing Partners Steven Nollau and Lionel H. Reichert, who together have many years of experience in acquisition, portfolio development and transaction structuring – especially in complex situations. “Especially in demanding transactions, investors need a partner who understands the specifics of an asset and develops a resilient structure from them,” says Stolberg.
Outlook for 2026: Demand for structured solutions continues
For 2026, Access Real Estate expects demand for structured solutions in the small and mid-cap segment to remain high. The company sees opportunities above all in complex portfolio adjustments, selected privatizations and the increasing interest of international investors. Instead of large individual deals, numerous medium-sized, well-prepared transactions are likely to shape market activity.
