- EUR 5 million investment in “PT 1 Early-Stage Fund II” of Proptech 1
- Diversification and pan-European access to technology companies
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Featured Benefits
Commerz Real invested five million euros in the “PT 1 Early-Stage Fund II” venture capital fund of the Proptech 1 Ventures platform. Other investors in the current financing round include US-based Proptech investor JLL Spark Global Ventures, project developer Evoreal, construction company Otto Wulff and the Scout-24 Group. The fund aims to reach a volume of around 100 million euros and invest primarily in technology start-ups in the real estate sector, so-called proptechs, across Europe. The focus is on major market trends such as the sustainable transformation of the real estate industry and its interaction with energy and infrastructure issues as well as the topic of climate resilience. Proptech 1 Ventures is an independent European venture capital fund initiator founded in 2018 and headquartered in Berlin. The first Proptech 1 venture capital fund was closed at the end of 2021 with a volume of EUR 50 million.
On the one hand, we were impressed by the diversified access to innovative technologies in the real estate sector and, on the other hand, by the focus on sustainability. Both are important pillars in our corporate strategy.
Henning Koch
CEO of Commerz Real AG
In addition, the investment enables a possible later direct entry into the portfolio with Proptechs. Steffen Wagner, Head of Business Model Innovation: "This is a win-win situation: Start-ups and funds get a strategic partner and a potential exit route, and we as Commerz Real can take a closer look at the companies through the longer cooperation and then make the right strategic decisions much better. Participation in “PT 1 Early-Stage Fund II” takes place as part of a new investment strategy for Commerz Real’s digital business models. Since 2019, investments in start-ups have mainly been made directly in very early phases. In future, such early-phase exposures will be made via specialised funds and thus indirectly. The target companies of the “PT 1 Early-Stage Fund II” should be in the so-called seed phase or in the series A phase. In the first, there is a founding team and usually a first product. In the Series A phase, a product already works on the market and the financing flows into the further growth of the business model. In the future, Commerz Real would like to make its own direct investments in mature and established companies.
About Commerz Real
Commerz Real AG is the asset manager of the Commerzbank Group and has 50 years of international market experience. The company combines extensive know-how in asset management with broad structuring expertise and uses this expertise to develop tangible asset-oriented fund products and individual investment solutions in the real estate and infrastructure sectors. As a leasing service provider of Commerzbank, Commerz Real Mobilienleasing also offers needs-based leasing concepts.
Since 2025, the Commerzbank Group’s asset management holdings have been bundled with Commerz Real AG. In addition to Commerz Real’s brands and products, these include the Aquila Capital investment company with a focus on sustainable tangible asset investments in the area of energy infrastructure and Yellowfin as a boutique for liquid investment strategies. Under the umbrella of Commerz Real AG, a total of around 1,000 employees manage assets of around EUR 55 billion at around 20 locations.
