Arrow Global acquires German developer Interboden

The acquisition of Interboden supports Arrow Global’s expansion into Germany as it grows its European operational portfolio.

Maxfrei, one of Interboden residential schemes | Arrow Global | BTR News
Maxfrei, one of Interboden residential schemes.

Subsidiary of Arrow Global Group Limited and vertically integrated alternative asset manager specialising in credit and real estate – Arrow Global Germany GmbH (Arrow Germany) – has announced the acquisition of the operating platform, assets and certain subsidiaries of Interboden GmbH & Co KG and real estate developer in Germany, Interboden.

The acquisition also includes all employees and related servicing contracts across offices in Dusseldorf, Berlin, and Leverkusen, allowing Arrow Germany to support servicing arrangements and evaluate near-term deployment opportunities across the country.

It also builds strongly on Arrow’s servicing footprint in Germany and provides the operational capabilities to expand real estate servicing and equity investment opportunities across the region.

Interboden’s residential projects include Build to Rent developments, and in many, they have a proportion of rental flats encompassing both privately funded housing and publicly subsidised residential units.

“Interboden’s capabilities provide Arrow with immediate scale and presence in one of Europe’s largest real estate markets. Our opportunistic real estate strategy focuses on acquiring assets with substantial value-add and repositioning potential. This acquisition, for a minimal outlay, is perfectly aligned with our objectives and leverages Interboden’s deep local expertise.”

Zach Lewy, Founder, CEO, and Chief Investment Officer, Arrow Global

Founded in 1950, Interboden has established a strong legacy over 70 years, specialising in residential development. The developer stands out for its expertise across the entire value chain.

Currently managing projects with a gross development value over €500m, the Interboden team has been at the forefront in developing innovative large-scale projects with strong Environmental, Social, and Governance (ESG) credentials.

“Joining Arrow’s network of local servicing platforms will enable our business to grow by combining our local knowledge and expertise with an institutional approach to investment during a time of stress in the German real estate market. We are excited about the opportunities this creates as we become an important part of Arrow’s real estate and credit investment proposition.”

Dr. René Maler, CFO, Interboden

Carrying over 35 years of domestic real estate development experience, Bernhard H. Hansen has been appointed as Interim CEO. His previous roles include CEO of Vivico RE, CEO of Deutsche Interhotel, and Head of Construction at the European Space Agency.

Bernhard will lead the company alongside the existing management team, ensuring continuity and focus on leveraging Interboden’s extensive knowledge and networks. The two previous shareholders, Dr. Thomas and Dr. Reiner Götzen, will depart to pursue new opportunities.