Real Estate: The End of Secrecy: The Family Office behind Paulaner Opens Up to Outsiders
"Not really professional" - this is how Bayerische Hausbau CEO Wnendt describes the way some family offices handle their real estate portfolios. The company is now offering its services to them.
The Bayerische Hausbau Real Estate (BHRE), a family office of the Schörghuber Group, has started managing properties for external clients, with over €4 billion in assets under management. The company, which was founded in 1954, has traditionally been discreet about its wealth management activities, but has now begun to offer its services to other family offices.
BHRE's CEO, Marcel Wnendt, aims to grow the business and has outlined a new strategy to increase revenue from its properties, including offering flexible office spaces and services such as administration and IT support. The company has also made a recent acquisition in London, purchasing a prime office building in the Westminster district.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
