Company continues growth strategy
S&P Grund Invest, a subsidiary of the Sontowski & Partner Group from Erlangen specialising in residential investment and asset management, is consistently continuing its growth course in the area of existing properties.
In recent months, the company has acquired five centrally located apartment buildings with a total living space of around 4,100 m² in Nuremberg. The properties comprise a total of 54 residential units.
Three of the five buildings are located in a prime location within Nuremberg’s old town and have a total of 35 residential units.
Two other properties are located in the St. Johannis district and comprise 19 apartments.
These buildings date from the Wilhelminian period and, like all purchased properties, are in renovated, very good structural condition.
St. Johannis is one of Nuremberg’s most sought-after residential areas due to its location close to the city centre, very good transport connections and proximity to the green and recreational areas along the Pegnitz.
The acquisitions are part of S&P Grund Invest’s long-term portfolio and privatisation strategy.
The aim is to sustainably develop the properties through needs-based, value-preserving measures and at the same time to ensure responsible and stable management.
In 2026, the company plans to purchase further properties worth around 40 million euros.
“With the latest acquisitions, we have specifically expanded our portfolio in the economically strong Nuremberg metropolitan region,” says Manuel Sontowski, Managing Partner of S&P Grund Invest. “The transactions show that even in the current market environment, high-quality properties are available that fit our long-term investment strategy.”
Since its founding in 2021, S&P Grund Invest has been investing nationwide in apartment buildings, larger residential complexes and selected commercial properties with development potential.
After acquisition, the properties are either integrated into the company’s own self-managed portfolio or structured as part of a residential privatisation and then sold individually.