Hamburg, 15 July 2025 – Centralis, a real estate development platform which specializes in modern hospitality real estate, has gained ActivumSG, a leading European real estate investment manager, as a strategic shareholder. It is planned to jointly develop Centralis into a leading investment and development platform in the field of modern hospitality real estate, with a medium-term portfolio target of at least EUR 500 million GDV.
As part of the transaction, ActivumSG is acquiring a stake in the entire Centralis Group, including the operating business and an existing portfolio of 550 units covering around 23,000 square meters in prime urban locations in German A and B cities.
Strategic focus and expansion plan
ActivumSG’s investment will enable Centralis to accelerate its growth strategy: building a diversified portfolio of modern, technology-supported hospitality properties. Acquisitions of existing properties – including stranded assets and revitalizations – as well as sustainable new-build developments for long-term letting to professional operators are planned.
“With ActivumSG, we can scale Centralis faster and expand our position as a leading investor and developer in the increasingly institutionalized asset class of modern hospitality / serviced apartments,” says Dr. Fabian Vieregge, CEO and co-founder of Centralis. “Our many years of experience as an operator, our close cooperation with leading European operators and the experience and comps from our own portfolio enable us to select properties in a targeted manner and develop them efficiently with the right sense of strategy. This combination makes us the ideal partner for operators who focus on quality and long-term cooperation.”
Market environment and demand trends
The serviced apartment asset class is growing and is increasingly in the focus of institutional investors, because of rising demand for flexible forms of living, increasing urbanization and housing shortages in many German cities. In addition, serviced apartments are regarded as a regulatory-safe alternative to residential short-term rentals due to their operating structure. Investors appreciate the attractive risk/return profile, the stable cash flow and the segment’s resilience to economic fluctuations.
“Our vision as a platform is to drive digital change in the hospitality market and the institutionalization of the serviced apartment asset class,” explains Lukas von Lüdinghausen, Co-CEO and co-founder of Centralis. “Through a combination of technological innovation and a clear focus on automation and digital processes, we want to establish ourselves as a leading provider in the field of modern hospitality real estate.”
The expansion strategy also specifically includes special situations such as distressed sales, capex-intensive portfolios and the acquisition of owner/operator platforms. The focus is primarily on German A and selected B cities, while pan-European expansion is also already being planned.
Financial strength and market positioning
The partnership with ActivumSG strengthens Centralis’ position as a leading investor and developer in the growing serviced apartment market segment. Johannes Vielberth of ActivumSG says: “With Centralis, we gain a platform with a strong and experienced team, a proven track record, a high-quality initial portfolio and an exclusive pipeline. The clear, future-oriented strategy and long-term vision make Centralis an ideal partner for us. Together with Fabian, Lukas and their team, we will use the head start that Centralis has gained as a pioneer to build a leading platform across Germany. We also want to expand our geographical focus in the future.
Press contact:
Carsten Lootze
PB3C GmbH
T: +49 151 14 34 64 44
E: lootze@pb3c.com
About Centralis
Centralis is an owner-managed investment and development company based in Germany, specialising in modern hospitality properties in prime urban locations. The company focuses on the acquisition, development and repositioning of sustainable serviced apartment concepts for professional operators and is building a diversified, technology-enabled portfolio in German A and B cities.
About ActivumSG
ActivumSG is one of Europe’s largest independent real estate investment managers, with a proven track record of value-add and opportunistic strategies.
With professionals in Germany, Spain, Denmark, the Netherlands and the United Kingdom, ActivumSG executes a multi-sector specialist investment strategy with a significant focus on the accommodations and hospitality sectors, and investing via direct real estate, corporate platforms and special situations.
Founded by ex-Cerberus private equity real estate veteran Saul Goldstein, ActivumSG has raised close to €3 billion in discretionary capital. Including affiliated entities and its advised funds’ portfolio companies, the ActivumSG ecosystem directly and indirectly advises on over €10bn in real estate and real estate-related investments. www.activumsg.com
For media inquiries, please email: activumsg@montfort.london