Strategy consultants for real estate investors in highly competitive markets.
it’s raining.
[Ayrton Senna]
Strategy consultants for real estate investors in highly competitive markets.
Facing new market challenges.
Real estate markets are in flux. Opportunities and risks must be managed with proactive precision.
Investment strategies must evolve, and value creation models require re-evaluation. Emerging asset classes are pushing out established ones. ESG concepts are waiting to be implemented. Portfolios need financial restructuring. Data and AI must be integrated thoughtfully. Project development and asset management strategies demand realignment.
Expertise in emerging fields and additional momentum are essential to safeguard returns during this period of transformation. Equally important is an objective and holistic approach that recognises the interconnections between investment market trends and business model developments.
We provide support for critical decisions and high-intensity projects.
Experts in transforming real estate investments.
Real Asset Return empowers entrepreneurial and institutional investors to tackle the challenges and seize the opportunities in both existing and emerging real estate investments with focus and clarity.
We position ourselves as advisors and operational partners for decision-makers in investment and portfolio management. Our work begins where existing value creation models, investment strategies, and current market conditions no longer align. We take a hands-on approach, supporting clients in concrete situations with proactive management of risks and opportunities, in close collaboration with their teams.
Equipped to tackle complex problems.
We create clarity and effectiveness through a systematic approach. This includes focused analysis from diverse perspectives, the development of action options, financial scenario evaluation, adjustment of investment strategies, and hands-on implementation.
Our range of services combines two perspectives.
01
Investment Assessment & Realignment
Assessment of existing investments and business plans for future viability, alongside the development and evaluation of alternative approaches. Deriving both strategic and operational implications, with cross-disciplinary project management to implement the necessary measures.
02
Recapitalisation / Refinancing
Determining capital requirements, preparing for market outreach, obtaining and evaluating offers, coordinating, negotiating, and finalising agreements.
03
Reallocation / Transaction
Refining capital allocation within investment strategies and asset classes. Value-maximising exit strategies for non-strategic assets. Identifying opportunities, conducting evaluations, performing due diligence, and supporting acquisitions. Structuring the execution of the business plan.
04
Management Assessment and Optimisation
Aligning the current value chain with the needs of the investment plan, identifying potential opportunities. Developing and agreeing on an action plan for optimisation.
05
Mergers & Acquisitions,
Joint Ventures
Support in the acquisition or divestiture of companies or business units within the real estate sector – from the acquisition/sales strategy and due diligence, to deal closing and the development of a roadmap for post-merger integration.
Our Commitment to Quality.
Independence
Privately owned, with no external stakeholders
Discretion
Absolute confidentiality from the very first contact
Focus
Dedicated timeframes and teams, ensuring no conflicts of interest
Efficiency
Clear objectives, results-driven, and continuous evaluation
Change of Perspective
Incorporating diverse viewpoints to ensure objectivity
Network
Strong, strategic collaboration with experienced partners
Integrität & Nachhaltigkeit
We aim to make a tangible contribution to the prosperity of future generations through our work.
We adhere to the “Code of Conduct” of the Royal Institution of Chartered Surveyors (RICS), www.rics.org, and the “Six Principles for Responsible Investment” of the PRI Association, www.unpri.org. Real Asset Return GmbH is also a member of the Forum for Sustainable Investments (FNG). Since 2001, the FNG (www.forum-ng.org)has been the professional association for sustainable investments in the German-speaking region (Germany, Austria, Switzerland) and a founding member of the European umbrella organisation Eurosif.
Roland Holschuh FRICS
Dipl. Ing. Architect (specialising in Urban Planning, RWTH Aachen), Master of Architecture (Pratt Institute, New York City, USA), Portfolio Manager (ebs), Certified Financial Investment Advisor according to §34f of the German Commercial Code (IHK Frankfurt).
Our Management

4 years
as partner and CEO of a specialised fund manager for commercial real estate in Germany – up to €1.6 billion in assets under management, with 20 employees across two locations
6 years
experience as managing director of a German regulated Alternative Investment Fund Manager and as a PLC board member, overseeing €13 billion in assets under management
3 years
as Global Head of Corporate Real Estate at a leading European bank
8 years
as Principal and Strategy Consultant of a leading global management consulting firm
Memberships
Facts & Figures
€ 4.5+ bn
cumulative transaction volume managed/overseen to date
approx. € 16 bn
cumulative assets under management overseen to date
€400+ mn
institutional equity mobilised for new investments from 2020 to 2023
200+
leadership experience in management roles across various organisations