The new enterprise founded by the PDI success team
After seven years of outstanding performance as joint managers of the PDI Group and one of the leading project development teams in Germany, Mathias Düsterdick and Christoph Hüttemann established the GERCH Development GmbH in November 2015 and the GERCHGROUP AG in May 2016.
Under the slogan “The excellence of property development investments“, GERCHGROUP develops construction and revitalisation projects with sustainable surplus value in the Top 7 German cities as well as in excellent downtown locations of B and C cities.
Due to its long-standing network of experts and tried and tested partnerships, GERCHGROUP has outstanding access to relevant projects. In its first fiscal year, the company reached a portfolio with a total project development volume of about € 2.3bn.
In April 2017 Gerch Development GmbH and SNN Group AG joint venture to develop their overall portfolio and the upcomming construction projects. With their subsidiaries in the fields project management, planning, construction management and building services engineering SNN has extensive know-how to realize complex project development.
The new joint venture operates under the name SG Development GmbH, formely GERCH Development GmbH.
To antagonise the absence of affordable living space, the management of GERCHGROUP founded 6M Wohnraum AG in autumn 2016. Target of the affiliated company: the rapid creation of convenient and good living space with affordable rents – in shortest construction times from 6 month. For further informations visit www.6m.ag