Company Overview

Business Description

Sector
Real Estate
Industry
Real Estate
Headquarters
Germany DE
Employees
24
IPO date
Nov 22, 2000

Deutsche Grundstuecksauktionen vormals Berliner Grundstuecksauktionen AG is a German real estate auction company. It organizes public auctions for properties such as apartment buildings, houses, land, and commercial sites, helping owners sell real estate through a formal bidding process. Its customers are mainly property owners, banks, public institutions, and other sellers that want a quick, transparent sale method, along with buyers looking for property opportunities at auction.

The company makes money by charging fees and commissions tied to the auction process and the successful sale of properties. It does not build or manage the properties itself; instead, it acts as a broker and sales organizer between sellers and buyers. That makes its role different from a normal real estate agent because the auction format sets a fixed sales date and creates a public, competitive bidding process.

For beginners, the key idea is that this is a specialized intermediary in the property market. Its business depends on matching sellers who want an orderly sale with buyers who are willing to bid in a structured auction. Because it focuses on auction sales rather than long marketing campaigns, its place in the industry is more about transaction execution than owning real estate or developing it.

Deutsche Grundstuecksauktionen vormals Berliner Grundstuecksauktionen AG Investor Relations

Address
Kurfuerstendamm 65
Berlin
Germany

Business Segments

Property auctions

The company arranges and runs auctions for land, houses, apartments, and commercial real estate. It prepares the properties, markets them, and handles the sale process through its auction platform and regional auction of...

Customers and revenue model

Management