Networked Knowledge

The knowledge in our heads is our most important asset. But that knowledge doesn't stay locked away in our heads: thanks to our large, long-standing network we are able to solve cross-thematic issues, coordinate projects and integrate further expertise.


bulwiengesa appraisal GmbH

specialises in fair market value reports and mortgage appraisal reports that follow either the depreciated replacement cost and income capitalisation methods under German law or take Red Book-compliant and earnings-based approaches (DCF analyses). Data mining for the reports relies exclusively on bulwiengesa's proprietary RIWIS database. Add-on premium features include analytic services integrated into the appraisals as required.

Founded in September 2014, bulwiengesa appraisal GmbH is a fully-owned subsidiary of bulwiengesa AG.

Capright, Chicago

Capright provides real estate valuations and independent consulting services that are tailored to the needs of institutional investors active in the commercial real estate market. The company's valuations are used for a variety of purposes including financial reporting, asset management, club deal financing, strategic planning, estate planning, property tax appeals, expertises, and purchase price allocation. Capright is based in the United States and Brazil.

Creditreform AG, Neuss

Creditreform maintains the world's largest database on German companies, and counts among the leading international providers of business information and debt collection services.

Istanbul Real Estate Valuation & Consulting Inc. (İGD – Istanbul Gayrimenkul Değerleme ve Danışmanlık A.Ş), Istanbul

IGD was founded in 2005 to provide real estate appraisal, real estate market analysis and real estate consultancy services for the segments office, retail, hospitality and logistics. The company's founders effectively drew on experiences previously gathered in the banking and real estate sectors to set up the company and its activities.

Licensed by the supervisory authorities of Turkey, IGD is a registered provider of appraisal reports and banking services to the Turkish Capital Markets Board (SPK) and the Turkish Banking Regulation and Supervisory Board (BDDK).

microm Micromarketing-Systeme und Consult GmbH, Neuss

Microm is one of the major providers in the areas of micromarketing and geomarketing. The company's business activities focus on structural analyses of clients and markets as well as on the optimisation of measures for innovative target group marketing, from new client business all the way to client reactivation. Microm is a fully owned subsidiary of Creditreform AG.

Property Market Analysis LLP, London, München

Established in 1982, PMA has become one of the largest truly independent market research companies for commercial property markets.

PMA regularly provides property market performance forecasts for the key office, retail and logistics markets in Europe, the United States, Asia and Australia. PMA also supplies national projections for the major global residential property markets. The forecasts are supported by comprehensive data provision, reporting, presentations and regular briefings. The company is wholly owned by its partners.

RCA Real Capital Analytics Inc., New York, London

RCA started systematically tracking commercial property transactions in the United States in the year 2000. In 2007, the company expanded its coverage to include all markets globally. It has since then recorded a total of over $10 trillion in commercial real estate deals throughout 146 countries. RCA focuses on the main property types of office, industrial, retail, apartment, hotel, development sites, as well as senior housing and care. The RCA team is dedicated to a multidisciplinary approach in its market research, data analysis and data processing. RCA is a private company held primarily by its employees.

S+M Standort+Markt Beratungsgesellschaft m.b.H., Baden, Vienna

For more than 40 years, STANDORT + MARKT (S+M) has assisted businesses in their search for the optimal location. S+M is active throughout Central and Eastern Europe (CEE), using its long-term experience to deliver competent and independent analyses, market data surveys and expert opinions, both for project and site valuations. The company is wholly owned by its partners.

BFW German Association for Independent Real Estate and Housing Companies

The BFW Federal Association of Independent Real Estate and Housing Companies represents the interest of its constituency – mainly mid-market companies – on the state, national and European level. Its mission is to champion and endorse sound, reliable investment conditions for the residential and commercial real estate industry.

EMM e.V. – The Association Munich Metropolitan Region

This non-profit organisation hosts an open and interdisciplinary platform for dialogue and collaboration. Under its aegis, players from the worlds of business, science, politics and society convene to engage in a voluntary but committed dialogue on the best ways to boost the development of the Munich metro-region.

German Council of Shopping Centres

The GCSC serves as active platform for stakeholders with a shared interest in the German retail industry, including the areas development and analysis, financing, centre management, architecture, retail properties, retailing and marketing. Adding up to roughly one million employees and directly affiliated service providers, the GCSC member companies represent an economic sector of national significance.

gif – Associate Member of the Society of Property Researchers, Germany

The mission of this non-profit organisation is to bring the theoretical underpinning of the real estate industry face to face with its best practice. Since 1993, it has served as a forum for exchanging information and discussing any issue of common interest, has promoted real estate-related research, and has consistently expanded its network of peers inside and outside Germany.

Hamburg Chamber of Architects Ralf-Peter Koschny, Dipl. Eng., Urban Planner

The architects registration boards of Germany represent all architects of any academic discipline as well as town planners. They address any political, social and cultural issue relating to architectural practice. By organising continuing education and information programs, the boards are committed to keeping the professional qualifications of their members up to date.

IFHP International Federation for Housing and Planning

The IFHP Federation is a worldwide network of professionals involved in the broad spectrum of housing and planning. It organises a range of activities across the globe, creating cross-border opportunities for comparing notes and sharing experience in this field

ifo Institute – Leibnitz Institute for Economic Research

The ifo Institute is a European think tank committed to bridging the gap between academic research and political practice. It focuses on applied, policy-orientated economic research in order to enhance the stability, prosperity and social cohesion in Europe and around the world.

INREV – Investors of Non-listed Real Estate Vehicles

This industry association represents the interests of non-listed European property companies. It seeks to enhance transparency and structures in order to make this type of investment more accessible and more attractive.

RICS – The Royal Institution of Chartered Surveyors

With more than 1,200 accredited members, RICS Germany is the largest national chapter in Continental Europe. It establishes and promotes specialist qualifications and standards for property development and management.

The Counselors of Real Estate

The Counselors of Real Estate is an organisation of around 1,100 selected real estate professionals providing trustworthy advice or guidance to clients or employers without personal bias or conflict of interest. The purpose of the organisation is to provide opportunities for its highly qualified members to share knowledge, while also serving as a source of information.

Membership in the organisation is subject to invitation only, merited by extraordinary professional achievements, and awarded by peer, employer and client review. Ralf-Peter Koschny, Member of the Management Board of bulwiengesa, has been a member of the European Chapter of CRE since 2013 in recognition of his outstanding retail expertise.

Urban Land Institute

The Urban Land Institute is a multidisciplinary global forum for the real estate industry: Working as a non-profit organisation, it gathers experts and decision makers into a unique network for the purpose of jointly pursuing forward-looking design and responsible use of urban space.

ZIA German Property Federation

The ZIA German Property Federation counts among the leading associations of the German real estate industry. It sees itself as the mouthpiece of 37,000 businesses in the industry, representing not just its member companies but 22 industry associations as well. Once a year, it publishes the Spring Real Estate Industry Report, with bulwiengesa always contributing one member to the panel of real estate experts.