Investment expertise. Market access. Implementation strength.
Investment expertise.
Market access. Implementation strength.
Aequitas is a real estate investment boutique that brings together leading expertise in real estate, financing, and capital markets through an integrated real estate investment platform.
Investment expertise. Market access. Implementation strength.
Investment expertise.
Market access. Implementation strength.
- Interview
Strategy
Aequitas Real Estate positions itself as an independent investment boutique at the intersection of institutional investors, the capital markets, and operational real estate development. We identify and structure real estate investments and develop real estate assets throughout the entire investment cycle.
Aequitas combines strategic investment expertise with hands-on operational experience in asset management, restructuring, and project development.
Through its access to investors and financing partners, the company can efficiently organize capital structures and execute real estate investments in collaboration with investors.
Investment-Management
We structure and support property investments throughout their entire lifecycle.
- Identification and structuring of investment opportunities
- Design of joint ventures and club deals
- Structuring of equity and debt capital
- Access to institutional investors, family offices and financing partners
- Management of investments through to exit preparation
Our approach combines structured investment decisions with operational management expertise.
Asset- and Portfoliomanagemen
We develop value-driven strategies for individual assets and property portfolios.
- Strategic portfolio orientation (Core / Core+ / Value Add)
- Performance and risk analyses
- Cash flow optimisation and letting management
- ESG-integrated value enhancement strategies
- Repositioning of existing properties
The aim is to create sustainable value whilst managing risk.
Restructuring and Special Situations
We support complex transformation and restructuring processes.
- Turnaround and repositioning strategies
- Stabilisation of distressed properties
- Structured succession and exit solutions
- Interim and executive roles
Project development and ESG
We initiate and manage development and regeneration projects with a clear investment focus.
- Conception and implementation of development projects
- Urban planning & securing building permits
- Integration of sustainable construction and operational concepts
- ESG-oriented investment and property strategies
Services
Aequitas supports institutional investors, family offices, and entrepreneurial capital partners in developing investment strategies and managing assets, for both opportunistic and value-added investments.
Aequitas focuses on residential, office, and logistics properties in Germany and aims for an investment volume of approximately one billion euros with an investment horizon of three to five years. The emphasis is on value-add and restructuring projects with operational value-enhancement potential. We develop attractive investment products and subsequently secure the appropriate investors for them. We prefer to structure these transactions as co-investments.
Investment-Management
Asset- and Portfoliomanagement
Restructuring and Special Situations
Project development and ESG
Services
Aequitas supports institutional investors, family offices and entrepreneurial capital partners in developing investment strategies and managing assets, for both opportunistic and value-added investments.
Aequitas focuses on residential, office and logistics real estate in Germany and aims for an investment volume of approximately €1 billion with an investment horizon of three to five years. The emphasis is on value-add and restructuring projects with operational value-enhancement potential. The primary focus is on developing attractive investment products for which suitable investors are subsequently secured. Transactions are preferably structured as co-investments.
Investment-Management
We structure and support property investments throughout their entire lifecycle.
- Identification and structuring of investment opportunities
- Design of joint ventures and club deals
- Structuring of equity and debt capital
- Access to institutional investors, family offices and financing partners
- Management of investments through to exit preparation
Our approach combines structured investment decisions with operational management expertise.
Asset- and Portfoliomanagement
We develop value-driven strategies for individual assets and property portfolios.
- Strategic portfolio orientation (Core / Core+ / Value Add)
- Performance and risk analyses
- Cash flow optimisation and letting management
- ESG-integrated value enhancement strategies
- Repositioning of existing properties
The aim is to create sustainable value whilst managing risk.
Restructuring and Special Situations
We support complex transformation and restructuring processes.
- Turnaround and repositioning strategies
- Stabilisation of distressed properties
- Structured succession and exit solutions
- Interim and executive roles
Project development and ESG
We initiate and manage development and regeneration projects with a clear investment focus.
- Conception and implementation of development projects
- Urban planning & securing building permits
- Integration of sustainable construction and operational concepts
- ESG-oriented investment and property strategies
About us
Aequitas Real Estate GmbH was founded in 2026 by Thomas Bergander and Sven-Christian Frank as an entrepreneurial real estate investment boutique.
The founders offer strategic investment expertise, structured access to capital markets, and operational implementation expertise to holistically structure and develop real estate investments. Strategic partners support the company’s development and contribute their outstanding experience in the real estate and financial sectors.
Sven-Christian Frank
Managing Partner
Sven-Christian Frank, Ass.iur., Mediator (DAA), and Real Estate Asset Manager (IREBS), has more than 30 years of experience in the real estate industry, including more than 20 years in leadership roles and, most recently, 11 years as a member of the executive board of various publicly traded real estate companies.
This includes extensive management experience in complex corporate structures, including serving as COO during the establishment of an integrated real estate group with its own subsidiaries in the areas of real estate, facility, and energy management, as well as its development into one of Germany’s largest publicly traded residential real estate companies.
Thomas Bergander
Managing Partner
Thomas Bergander, a financial economist and business administrator, possesses extensive and exceptional market knowledge as a consultant to real estate companies and as a project developer.
He has managed project development and due diligence for both private and institutional clients. This includes coordinating the entire project development process for a large inner-city neighborhood. In addition, he has guided publicly traded companies through the real estate acquisition process with his in-depth analyses and supported them in various transactions.
The strategic partners support the company and contribute their many years of experience in the real estate and finance sectors.
In addition to providing strategic guidance on corporate development, they give Aequitas access to investors, financing partners, and relevant market players. Furthermore, the cooperation partners assist Aequitas in evaluating and structuring selected investment opportunities.
They are contractually bound to Aequitas but hold no equity interest in the company nor do they hold any executive positions within it.
Michael Zahn
Deal-Sourcing & Investor Network
Michael Zahn is one of the most prominent leaders in the German real estate industry. He served as Chief Executive Officer (CEO) of Deutsche Wohnen SE from 2008 to 2021 and played a key role in shaping the company’s strategic development during that time. Under his leadership, Deutsche Wohnen grew into one of Europe’s leading residential real estate groups, with a portfolio of approximately 160,000 units.
Since stepping down from the Executive Board, Michael Zahn has remained active in the real estate and investment industry.
Francesco Fedele
Debt-Structuring & Capital Markets
As the founder and CEO of BF.direkt AG, Francesco Fedele brings over 25 years of experience in commercial real estate financing and capital management.
His focus is on structuring debt financing and managing debt investments to enable sustainable and effective financial solutions for clients. With a strong commitment to strategic leadership, he leads a team that pursues innovative approaches to financing.
In addition to his role at BF.direkt AG, he serves as Chairman of the Supervisory Board at BF.capital GmbH and CoRE Solutions GmbH. In these roles, he supports the strategic development and expansion of the subsidiaries to offer tailored solutions to the partners and investors of the BF Group.
His goal is to create sustainable value through in-depth expertise and collaborative partnerships.
Dr. Kristian J. Heiser
Legal Structuring & Compliance
Dr. Kristian J. Heiser is an attorney and partner at the Hamburg-based commercial law firm Raschke von Knobelsdorff Heiser, a boutique firm specializing in corporate, transaction, capital markets, and real estate law. He advises national and international companies, investors, and financial service providers, particularly on M&A transactions, financing, and complex corporate and real estate law matters.
He studied law and business administration in Hamburg and earned his doctorate in corporate and capital markets law. He obtained his LL.M. from the renowned King’s College London.
For the year 2025, he received the “Lawyer of the Year in Capital Markets Law for Germany” award from the Handelsblatt.