
Real estate in our own portfolio
We think big.
JUSTIMMO develops, builds, finances and holds real estate — in Germany and Bulgaria.
Company
You build differently when you plan to hold.

JUSTIMMO is an owner-managed family holding company based in Cologne, founder-built and still founder-led. We develop, build, finance and hold real estate for our own account.
That changes how we plan and build. When you run a building yourself for decades, you decide differently: you build to last, you take more care over the details, and you stay dependable to the people who live and work there.
More about the companyPrinciples
Our own portfolio
We build for our own balance sheet — not for short holding periods.
A long horizon
We think about investment decisions in decades, not quarters.
Substance over speed
We plan maintenance ahead instead of catching up on it later.
Short decision paths
Owner-managed: responsibility sits in one place, and decisions do not wait for a committee.
What we do
Four disciplines, one balance sheet.
Development, construction, management and financing all feed into each other here — because the same building ends up on our own balance sheet.

- 01
Project development
From buying the site through design and planning consent to a plot that is ready to build on. We develop buildings and districts that will still work in thirty years.
- 02
Construction and modernisation
New builds, conversions and energy-efficiency upgrades — with resource-efficient construction and measurable CO₂ savings wherever that makes sense.
- 03
Portfolio and management
We look after our own buildings ourselves, commercially and technically: renting them out, keeping them in repair and running them day to day.
- 04
Financing and capital structure
A building we hold for decades needs financing that lasts just as long. We structure equity and debt for our own portfolio and our joint ventures in-house: bank financing, lending value and valuation, liquidity planning across the full life cycle, and cross-border holding structures between Germany and Bulgaria.
The same four disciplines, with a partner.
Joint ventures
Joint project companies with partners who think long term. We bring equity, financing and development expertise, and hands-on experience from running our own buildings.
Portfolio
Properties and projects.
A selection from our own holdings and from current developments in Germany and Bulgaria.
Germany
07
Visualisation
EngelsQuartier
In developmentEngelskirchen-Loope · Residential development
6 existing + 5 new · approx. 3,600 m² living space · 2 underground car parks
Six existing buildings modernised and extended, plus five new apartment buildings. Around 1,800 m² in the existing stock and a further 1,800 m² in the new build, along with underground car parks and basement levels.

ZÜL6
OwnedCologne · Neustadt-Süd
1,233 m² residential and commercial floor area
Modernised, extended with additional storeys and a new build in the courtyard. Today 29 apartments, a two-storey penthouse and three commercial units.

AVT17
OwnedCologne · Zollstock
857 m² residential and commercial floor area
Modernised, with an additional storey on top. Today 15 apartments above two commercial units.

HBS10
OwnedCologne · Zollstock
673 m² residential and commercial floor area · 1 underground car park
A new building on top of an old transformer station. Today 14 apartments above one commercial unit.

BHF70
OwnedBad Honnef · Town centre
666 m² residential and commercial floor area
Built in 1897 and modernised without losing its historic fabric. home2share runs the entire residential part as an aparthotel; a yoga studio is on the ground floor.
home2share.de — External website, opens in a new tab
More units
AVT15 · HBS8
OwnedCologne · Zollstock
Modernised · 960 m² residential and commercial floor area · shared underground car park
OwnedJST12
OwnedCologne · Lindenthal
100 m² · one apartment
Owned
Bulgaria
03
Amaya Penthouse
OwnedSofia · Apartment
358 m² total area
Acquired as a shell and fully fitted out. One apartment in the Amaya complex on two levels: three bedrooms, a mezzanine, a terrace and a roof garden, looking across Sofia to the Vitosha mountains.

Visualisation
Newland District
Joint ventureLozen, Sofia · Master-planned community
200 ha site · approx. 90,000 m² residential and commercial floor area
Master-planned residential district at the foot of the Lozen mountains, about 15 minutes from central Sofia.
newlanddistrict.com — External website, opens in a new tab
Visualisation
Kaprion
In developmentVarna · Residential project
Construction start 2027
Villas on the Black Sea coast near Varna, each with a garden, a pool and a view of the sea.
More properties on request.
At a glance
- Projects completed
- 21
- Years in construction
- 14
- Residential and commercial space we own
- 11,000 m²
- Countries
- 2
- Cities
- 6
Contact
Get in touch.
For enquiries about properties, joint ventures, or as a capital or financing partner, contact us directly.
info@justimmo.eu- Registered office
- JUSTIMMO GmbH & Co. KG
Am Vorgebirgstor 11
50969 Köln - Telephone
- +49 221 46780376
Fax +49 221 46780378 - info@justimmo.eu
- Commercial register
- Amtsgericht Köln
HRA 30091