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About the company
The Grounds Real Estate Development AG, formerly Netwatch AG, is a Germany-based company active in the real estate sector. The Company is operating into three business segments: Portfolio Management Business, which establishing its own property portfolio to be held for the long term for the purpose of generating rental income; Privatization Business, which develops existing properties with the aim of selling them as a part ownership; Project Development, which develops and constructs new housing with the aim of selling to institutional investors, capital investors and ownership occupiers. It is also operating as a management holding company with central areas, including legal, accounting, taxes, controlling, staff, sales, financing, risk management and commercial and technical asset management.
- Revenue in EUR (TTM)7.11m
- Net income in EUR-8.61m
- Incorporated2017
- Employees17.00
- LocationGrounds Real Estate Development AGCharlottenstrasse 79-80BERLIN 10117GermanyDEU
- Phone+49 3 020216866
- Fax+49 3 020216849
- Websitehttps://www.thegroundsag.com/
