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Readcrest Capital and KFK Holding Form German Real Estate Joint Venture
On September 1, 2025, Readcrest Capital AG and KFK Holding announced the launch of a joint venture to capitalize on opportunities in the German real estate sector. With equal shares in the venture, the companies aim to acquire and revitalize distressed project development firms, addressing Germany's critical housing shortage.
The partnership plans a project development volume of approximately €300 million over the next year. Rolf Elgeti, CEO of Readcrest, highlighted the challenges in the market, including liquidity shortages and increased regulatory pressure, which create opportunities for strategic investors. Nikan Karimian-Pour of KFK emphasized their goal to transform unfinished projects into viable housing solutions, emphasizing a pragmatic approach: recapitalize, simplify, complete.
R. H.
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