HOREF Grundstuecks GmbH, based in Berlin, is reported as a small corporation under § 267 (1) HGB. The company's object is the acquisition of real estate in its own name and on its own account and the management thereof. For the reporting period (1 to 31 December 2024) the company recorded revenue of EUR 8,259,324.30, which includes extraordinary proceeds from apartment sales amounting to TEUR 5,570. In fiscal year 2024 there were no employees of the company, and it is included in the consolidated financial statements of ADLER Group S.A., Luxembourg.
Erwerb von Grundstücken im eigenen Namen und auf eigene Rechnung sowie deren Verwaltung
Converted using the official Destatis and Eurostat correspondence tables; ISIC Rev. 4 is the United Nations' international industry classification.
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Source: German Commercial Register (Handelsregister) Berlin (Charlottenburg) Local Court, HRB 88239 (as of 29 October 2026)
| Name | Type | City |
|---|---|---|
| Thorsten Arsan | Geschäftsführer(in) | Bad Homburg v. d. Höhe |
| Jannik Heß | Geschäftsführer(in) | Berlin |
Source: German Commercial Register (Handelsregister) Berlin (Charlottenburg) Local Court, HRB 88239 (as of 29 October 2026)
| Date | Event Type | Event |
|---|---|---|
| 18.09.2025 | Business Address Change | Charlottenstraße 4, 10969 Berlin |
| 10.07.2025 | Business Address Change | Charlottenstraße 4 (Rocket Tower), 10969 Berlin |
| 12.09.2023 | Business Address Change | George-Stephenson-Straße 17, 10557 Berlin |
| Date | Type | Change | Total Capital |
|---|---|---|---|
| 20.08.2014 | Share Capital Set | — | 26.334 € |
Source: German Commercial Register (Handelsregister) Berlin (Charlottenburg) Local Court, HRB 88239 (as of 29 October 2026)
| Year | Revenue | Profit | Balance | Employees |
|---|---|---|---|---|
| 2024 | €8,259,324 | €133,701 | €46,608,517 | — |
| 2023 | €4,884,276 | €2,016,884 | €47,378,043 | — |
| 2022 | €17,677,363 | €10,361,901 | €45,909,287 | 0 |
| 2021 | €7,958,215 | €4,091,164 | €42,197,845 | — |
| 2020 | — | €383,869 | €23,891,651 | — |
| 2019 | — | €0 | €19,481,114 | — |
| 2018 | — | €438,111 | €19,396,972 | — |
| 2017 | — | €0 | €19,604,663 | — |
| 2016 | — | €197,198 | €19,274,119 | — |
| 2015 | — | €2,263,906 | €22,601,408 | 0 |
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Source: German Commercial Register (Handelsregister) Berlin (Charlottenburg) Local Court, HRB 88239 (as of 29 October 2026)
Gemeinnützige Wohnungsbaugesellschaft mbH Grimmen
Grimmen · Kauf und Verkauf von eigenen Wohngrundstücken, Wohngebäuden und Wohnungen
CentralTower Berlin GmbH
Berlin · Kauf und Verkauf von eigenen Gewerbegrundstücken und Nichtwohngebäuden
Porst Verwaltungs GmbH
Jahnatal · Kauf und Verkauf von eigenen Gewerbegrundstücken und Nichtwohngebäuden
| Cost type | Amount | Share |
|---|---|---|
| Material Costs | €2,351,168 | 31.4% |
| Depreciation | €4,542,616 | 60.6% |
| Interest & Similar | €597,508 | 8.0% |
