The Noratis AG is a leading real estate company based in Eschborn, Germany. The company's business model includes trading, developing, and managing residential properties throughout Germany. Noratis focuses on acquiring existing properties in economically strong regions. The company renovates and modernizes the buildings to increase their value and then sells them to investors and end customers. Noratis offers a wide range of services for investors, owners, and tenants, including existing properties, new construction projects, condominiums, commercial properties, and protected historical properties. The trading of existing properties is Noratis' core business. The company acquires residential portfolios that are undervalued due to maintenance backlogs or neglect. Noratis modernizes and refurbishes the apartments to increase their attractiveness and profitability, and then sells them to private or institutional investors. The company also develops new construction projects in selected German cities, including Berlin, Frankfurt, and Leipzig. These projects often involve the creation of multi-family houses or condominiums. Another focus of Noratis is the management of residential properties. The company provides services such as rental, maintenance, accounting, and property management. Noratis places great importance on sustainability and energy efficiency. The company uses modern technologies and environmentally friendly materials when renovating and modernizing properties. This not only benefits the environment but also the tenants, as lower energy costs contribute to better marketability of the properties. Noratis AG employs a multi-asset strategy, which includes a wide diversification of the real estate portfolio. This allows for minimizing risk and achieving more stable returns. By combining existing and new construction properties, Noratis can access a wide range of opportunities and reduce risks. Another feature of Noratis' business model is its strong regional focus. The company concentrates on prospering regions in Germany to offer investors and end users first-class properties. Overall, Noratis' business model is focused on identifying market gaps, efficient resource utilization, and creating added value through the renovation and modernization of existing properties. The company relies on a carefully calibrated mix of trading, development, and management to achieve stable and sustainable returns.