Direct Investment & Co-Investment

Portfolio development and strategic partnerships, nationwide.

We are an independent family office investing direct capital into residential properties between Bremen and Hamburg, and commercial assets across Germany. Acting as a principal investor or strategic co-investing partner, we provide transaction speed, financial reliability, and a clear entrepreneurial mindset.

What we do

Two approaches, one focus: preserve value and grow it sustainably.

UPEC operates as an equity investor and reliable operating partner for complex real estate transactions.

01

Portfolio Development & Value Creation

We continuously expand our residential portfolio across Northern Germany, targeting assets with clear value-add potential. Through targeted modernization, redensification, and active asset management, we create sustainable, long-term appreciation within our own capital. In parallel, we selectively acquire commercial properties with reposition potential nationwide.

Our investment approach →
02

Operating Partner & Co-Investments

UPEC acts as an operating partner and strategic co-investor in large-scale real estate projects. We originate exclusive off-market opportunities and drive complex institutional deals. Acting as an active co-investor, we structure flexible capital solutions—ranging from equity to hybrid debt—ensuring shared conviction and aligned interests from day one.

Our investment approach →
Investment profile for co-investments and participations
Asset class Region Risk Categories Volume
Residential, Commercial Nationwide · top 50 cities Core+ and Value-Add € 10 – 100M Core+ € 8 – 50M Value-Add

Within that · Northern Germany — Bremen to Hamburg

Investment profile for sole portfolio building
Asset class Region Risk Categories Volume
Residential Greater Bremen Hamburg region with focus on the cities Osterholz-Scharmbeck, Bremen, Oldenburg, Bremerhaven, Hamburg Core+ and Value-Add € 500,000 – 5M
Commercial Nationwide € 1.5 – 5M

Download the investment profile (PDF) →

Background

Financial substance, institutional execution.

Our equity base meets full-scope real estate expertise.

UPEC acts as the strategic investment arm, backed by the solid capital base of the family-run Miss Pepper Gruppe. This equity base lets us act as an independent investor, decide with agility free of rigid structures, and create long-term value.

Shaped by many years of experience in private equity as well as in full-scope transaction, investment and asset management, we bring deep operational know-how. We structure complex transactions to institutional standards and combine that professionalism with the flexibility and speed of a dynamic family office.

Recent Transactions

Selected Track Record: 2025 and 2026

Apartment building from the northern German residential portfolio

UPEC Direct Investment – Residential

Residential portfolio in northern Germany

4 Multi-Family Houses - 40 units since 2025

Building a regional residential portfolio with active optimisation and densification potential. Focus on sustainable value growth through in-house asset management.

Multi-family house in Düsseldorf

UPEC Direct Investment – Residential

Modernization & ESG Repositioning

Multi-Family Repositioning – Düsseldorf

Comprehensive revitalization of a vacant multi-family house: extensive energy-efficiency measures (ESG upgrade), resolution of deferred maintenance, and full re-letting.

New-build American diner in Düsseldorf

Miss Pepper Group – Commercial

Commercial Development Düsseldorf

Turnkey Development – Completion 2025

Development and execution of a flagship American diner concept integrated with modern EV/fuel station infrastructure, delivered as part of the nationwide expansion strategy.

Full track record →

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