DB Real Estate

Strategy

Commercial & Residential

Income-producing assets in resilient urban markets.

We source, structure, and manage commercial and residential property across Cyprus, Greece, and Southern Europe. Our focus is stabilised yield, selective value-add, and multi-decade holding periods that compound quietly.

What we do inside this strategy

  • Grade-A offices with blue-chip tenants
  • Urban multi-family in growth corridors
  • Retail with redevelopment optionality
  • Mixed-use regeneration partnerships

What returns to expect

Commercial and residential investments deliver contracted rental income with inflation-linked uplifts. Typical hold periods run seven to fifteen years, targeting 8–12% IRR net of fees.

Representative deals

Commercial & Residential transactions

A sample of deals executed within this strategy.

Modern residential façade in Tel Aviv at dusk
Live

Commercial & Residential

15 Bublik Street

Tel Aviv, Israel

TAMA-38 redevelopment of a Bauhaus-era block into 24 premium residences with ground-floor retail and underground parking.

Units
24
GFA
3,200 m²
Target IRR
19%
Historic Porto streetscape with colourful tiled buildings
Live

Commercial & Residential

Porto Urban Renewal

Porto, Portugal

Adaptive reuse of a 19th-century granite building into 18 short-stay apartments plus a ground-floor café and wine bar.

Units
18
GFA
2,400 m²
Target IRR
17%
Minimalist Grade-A office interior with glass partitions
Closed

Commercial & Residential

Larnaca Marina Offices

Larnaca, Cyprus

Ground-up development of an 11,500 m² Grade-A office building pre-let to a pan-European fintech anchor tenant.

GFA
11,500 m²
Anchor tenant
14-yr lease
Realised IRR
14.2%
European high street with retail storefronts
Closed

Commercial & Residential

Nicosia Retail Core

Nicosia, Cyprus

Prime high-street retail on Ledra Street, re-tenanted with flagship F&B and sold to a regional REIT.

WAULT
9.4 yrs
NOI growth
+41%
Realised IRR
16.5%
Refurbished Athens apartment interior with neoclassical details
Closed

Commercial & Residential

Athens Residential Block

Athens, Greece

Acquisition and full refurbishment of a 22-unit residential block in Athens's Kolonaki district, sold to a local institutional buyer.

Units
22
Hold
28 months
Realised IRR
19.8%
Urban residential tower
Closed

Commercial & Residential

Nicosia Riverside

Nicosia, Cyprus

Ground-up development of a 8-unit residential block in Nicosia, with ground-floor retail and secure parking.

Units
8
GFA
2,400 m²
Realised IRR
13.2%

Let's talk

A quiet conversation about where capital can work harder.

Tell us a little about yourself and what you are exploring. We reply within one business day. No boilerplate, no pressure.

Office
Griva Digeni 3, Patsalos House, 5th floor, office 501
6030 Larnaca, Cyprus

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