OUR COMPANY GROUP Gröner Group GmbH | CG Elementum AG
After 25 successful years, we are now moving forward with the Gröner Group and its subsidiaries to implement Christoph Gröner’s vision of digital reorganisation of the construction and property industry, with a commitment to environmental and technological innovation. Our aim is to create sustainable, affordable and high-quality housing and living spaces.
In planning, developing and constructing residential and commercial properties, our company group follows the overriding principles of sustainability. CG Elementum acts as a service provider for the project developments of its sister companies: CG Property centres on residential district development projects. For new properties, we put an emphasis on digital planning and efficient building with the aid of prefabrication. CG Capital focuses on project developments in the revitalisation and conversion of structures of historical value.
Last updated: 30 March 2021 OVERVIEW – GRÖNER FAMILY COMPANIES
Our social commitment:
• Marienhof • Arieshof
Project companies
Project company 1
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Project company X Project companies
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Advisory board of Gröner Group GmbH since March 2021: Dr. Peter Haueisen (Chairman), Vera Gäde-Butzlaff, Prof. Dr. Rüdiger Grube, Dr. Ulrich Metz / Advisor: Günther Oettinger Supervisory board of CG Elementum AG since April 2021: Dr. Peter Haueisen, Vera Gäde-Butzlaff, Dr. Ulrich Metz
2 GRÖNER GROUP – STRUCTURE
Gröner Group GmbH
Executive Board: Christoph Gröner, Jens Rammenzweig, Frank Gröner
51% 100% 100%
CG Elementum AG CG Property GmbH CG Capital GmbH
Board of Directors: Executive Board: Christoph Gröner, Jens Rammenzweig Christoph Gröner, Jens Rammenzweig, Frank Preuss, Ulf Graichen Executive Board: Christoph Gröner, Jens Rammenzweig
100% 100% Kleine Eiswerder Strasse Berlin CG Industries CG Digital Systems GmbH CG Services GmbH CG Building GmbH CG Residential GmbH CG Commercial GmbH Nibelungenstrasse GmbH & Co. KG
Karlsfeld Executive Board: Christoph Gröner Executive Board: Christoph Gröner, Jens Rammenzweig Executive Board: Christoph Gröner Executive Board: Christoph Gröner, Frank Preuss Executive Board: Christoph Gröner Executive Board: Gröner Verwaltungs GmbH Freischützstrasse Gröner Hausverwaltung TREND Kerazzo Munich Juri-Gagarin-Ring Mockauer Strasse Am Guten Mann CG Digital Services GmbH GmbH Deutschland GmbH Erfurt Leipzig Mülheim-Kärlich Braugold Areal Erfurt Hofgarten Karree Pittlerstrasse Friesenheimer Strasse CG Immobilien GmbH CG Construction GmbH Karlsruhe Leipzig Mannheim Otto-Quartier Plagwitz Quarters Deutsche Ausbau Wendlingen Rommelstrasse Rosenowstrasse CG Plan GmbH Leipzig GmbH Stuttgart Leipzig Von-Sauer-Strasse Mariannen-Campus CG Projektmanagement Deutsche Rohbau Hamburg Leipzig GmbH GmbH Leipziger Strasse Am Guten Mann Deutsche Gebäudetechni k Dortmund CG Green Tec GmbH Mülheim-Kärlich GmbH Wachendorff Quarter Bergisch Gladbach Daimlerstrasse Berlin Areal C Karlsruhe Deutz-Mülheimer Strasse Köln Karlsruhe residential portfolio Fiduciastrasse Karlsruhe Johannesstrasse Koblenz Dudenstrasse Mannheim Maigesetzweg Koblenz Otto-Quartier Wendlingen Am Rheinquartier Lahnstein Karlsruhe commercial Löhnberger Mühle portfolio Lahnstein Wittenberger Strasse Wohnpark Diez Leipzig Limburg
Linzhausenstrasse Linz am Rhein
3 GRÖNER GROUP – LOCATIONS AND PRESENCE
CURRENT STATE OF THE SECTOR Hamburg Headquarters Proportion of completions p.a. Branch offices (2016–2018) to demand p.a.* Project locations Demand surplus Cologne 54% ✓ Berlin Karlsruhe 54% ✓
Stuttgart 44% ✓ Leipzig Cologne Munich 33% ✓ Erfurt Koblenz Berlin 27% Frankfurt/Main ✓ Frankfurt Mannheim 22%
Karlsruhe Dusseldorf 14%
Hamburg 14% Stuttgart Augsburg * Source: IW (German Economic Institute) Report 28/2019 Munich
4 GRÖNER GROUP – CG ELEMENTUM AS SERVICE PROVIDER
SERVICES • Project management • Sales • Property management • Planning (BIM) • Lettings • Construction
SUSTAINABLE SUSTAINABLE DIGITAL CREATIVE AFFORDABLE VALUE ADDING
DIGITALISATION PREFABRICATION NEW CONSTRUCTION RENOVATION CONVERSION REVITALISATION
5 CG ELEMENTUM AG
SERVICES COVERING ALL ASPECTS OF PROJECT DEVELOPMENT
CG Elementum AG positions itself as an experienced service provider for sustainable and digital construction. It offers the full range of services for new construction project development with a focus on BIM, and for all aspects of project development for the renovation of old and listed buildings as well as conversions. It carries out in-house developments while also acting on behalf of external third parties. MANAGEMENT TEAM
Christoph Gröner Jens Rammenzweig Frank Preuss Ulf Graichen CEO CFO / CIO CTO CDO
Strategy • Finance Prefabrication Planung Acquisition • IT Digitalisation Entwicklung Development • Operations Sustainability Bau
• Experienced CEO in the • Experienced CFO / CIO / CRO in • Co-founder of the proptech • Experienced executive in the property development sector the finance sector with a focus on start-up DIPLAN and co-founder property development industry • Broad expertise in acquisition, property financing of European Modular • Extensive expertise in the development, new construction, • Broad expertise in information Constructions GmbH (EMC) development and renovation modernisation of old buildings technology and the digitalisation of • Broad functional expertise in of old buildings, former factory and renovation of listed buildings processes mass customisation, digital and commercial areas as well as • 25+ years of management • 25+ years of experience in transformation and prefabrication the development of inner-city experience in property commercial property financing • 15+ years of management residential areas development and construction with a focus on structured finance expertise at board level, • 9+ years of management • Launched career with own products including turnaround competency experience in planning, company that prospered to • Comprehensive international as CFO of a publicly traded development and construction become a leading German experience in all significant core company project developer with in-house property markets (London, New construction expertise York, Tokyo)
7 GUIDING PRINCIPLE
In order to reach our goal of creating sustainable and affordable housing and living spaces, we are guided by the 30 % 20 % principle 30 – 20 – 0
➢ As part of our residential projects, we develop up to … publicly subsidised … rent-controlled 30% publicly subsidised and 20% rent-controlled housing housing Optimised housing depending on location. carbon footprint 0 % ➢ We use recycled demolition debris in our ongoing construction processes and implement environmentally friendly energy solutions. This results in an optimised 50 % carbon footprint and brings us closer to our medium- term goal of project developments that are entirely carbon neutral.
… privately funded housing
8 USE OF GREEN TECHNOLOGY
Carbon neutral heating systems • Geothermal energy / air source heat pumps Using eco-friendly construction and • Photovoltaics / solar thermal energy insulation materials • Hydropower Mobility concepts/ car sharing • District heating • CHP systems Reutilisingrecycled demolition debris in our ongoing construction processes • Wind power • H2-Ready (Hydrogen technology)
9 MAP OF COOPERATION “H2-READY” Framework conditions: • supply reliability • ensurance of GEG-conformity • • CO balance Basis of funding 2 regulatory framework, technical • energy simulation parameters, market prices • standards forenergy- efficient construction
Plasmolysis 1) technical data > plans, builds and operates SOCRATES energy systems
cubatures & simulation tool CHP 2) „ESG“-compliance URBAN DISTRICTS > provides storage technology for hydrogen Hy2Green > develops CO2-neutral neighborhoods storage technology for operating current
1) Plasmolysis as a suitableprocess, as this can beoperated with a broad energy mix (fossil fuels, grey, turquoise and green hydrogen etc.) compared to pyrolysis 2) Fuel cell as a technology of the future, as it requires high-purity hydrogen
10 FOCUS ON URBAN DEVELOPMENT – SPOTLIGHT ON THE PEOPLE
Our residential district development projects are designed around diverse mixed-use concepts and take into account the requirements of all parties involved:
Infrastructure Urban planning
Politics Environment
TYPES OF USE IN BROAD-SPECTRUM URBAN DEVELOPMENT • Residential • Short-term lets • Public facilities • Commercial • Schools • Shopping • Hotels • Nurseries • Parks Example: An der Strunde, Bergisch Gladbach
11 RANGE OF SERVICES FOR CG PROPERTY GMBH DEVELOPMENT OF A CENTRAL IT PLATFORM
Integrated, central IT platform for a data-driven end-to-end project development process
Flexible, scalable IT infrastructure for seamlessly executing all core processes and ensuring consistent interaction between all parties involved
Data-driven site selection Design-to-construction Transparent project Prefabrication in series Construction work Property management approach management (off-site) (On-site) beyond the construction process Existing project pipelines at Linking of AI-based design Management and Through cooperation with Installation of prefabricated prime locations with a high algorithms to BIM-based visualisation of the the EMC I prefabricated components delivered to Tailored service portfolio unmet demand for space design processes (4D/5D) entire planning concrete components the construction site for investors (lettings and digital component process for all internal factory: ordering prefabri- management, etc.) and Site selection based on Management of the catalogues and external project cated components, with residents (smart home, comprehensive analyses of construction process and partners the aim of continually energy supply, etc.) the demographics, economy, the subcontractors involved increasing the proportion infrastructure, etc. based on the project BIM of value that is added by model prefabrications
Project development as a one-stop shop with service-oriented range for (institutional) investors
12 RANGE OF SERVICES FOR CG PROPERTY GMBH FOCUS ON DIGITAL CONSTRUCTION: COOPERATION WITH EMC I
Prefabrication at EMC I
• The EMC I prefabricated concrete components factory near Erfurt will be up and running from March 2021. It delivers ready-to-install wall and ceiling units based on architectural planning created with the EMC construction system. Design and production processes dovetail seamlessly with one another to support this, and offer significant cost and time benefits as compared to conventional manufacturing processes • EMC I was sold on to a strategic investor who will reserve part of the production capacities for our own projects
13 RANGE OF SERVICES FOR CG PROPERTY GMBH FOCUS ON DIGITAL CONSTRUCTION: COOPERATION WITH EMC I
Off-site On-site
Parametric construc- Manufacture of pre- Full automatic Delivery of ready-to- tion system based on fabricated components storage system install walls and ceilings prefabricated in a highly automated to the construction site concrete components carousel system
CAD model to support architects and Integrated management planners; CAD data is transferred from the of production, storage design process to the production process and logistics
Production capacity in Erfurt of up to 4,000 (residential) units in a double-shift system Installation of prefab components on the construction site
14 RANGE OF SERVICES FOR CG PROPERTY GMBH FOCUS ON DIGITAL CONSTRUCTION: EMC 2.0 – FUTURE PROJECT
EMC 2.0
Hamburg Mülheim-Kärlich (Rhineland-Palatinate): site acquired, production start scheduled for Q3/2023 Berlin
Leipzig Dusseldorf The aim for EMC 2.0 is to create a highly flexible Dresden manufacturing platform for the sustainable Cologne Erfurt production of construction units, with a significant EMC 2.0 increase in vertical integration compared with Koblenz 250 km Frankfurt a. M. EMC I. It will significantly expand the product range, both in terms of the materials used and
350 km Karlsruhe functions served. Stuttgart Augsburg
Munich
15 RANGE OF SERVICES FOR CG PROPERTY GMBH – FOCUS ON DIGITAL CONSTRUCTION: THE BENEFITS OF PREFABRICATION
1 Reducing constructioncosts Prefabricating wall and ceiling units reduces shell construction costs by up to 20%. These savings are mainly driven by economies of scale in purchasing and a much smaller workforce.
2 Minimising constructiontimes Precision planning within the BIM process ensures the just-in-time delivery of units to construction sites. This reduces the shell construction time by up to 30%.
3 Improved space efficiency The use of prefabricated walls allows for much thinner materials than in conventional construction. As a result, space efficiency (GFA to NFA) goes up by 3% to 5%.
16 RANGE OF SERVICES FOR CG PROPERTY GMBH – FOCUS ON DIGITAL CONSTRUCTION: THE BENEFITS OF PREFABRICATION
4 Precision BIM is applied in order to establish an integrated and holistic process, from design and manufacture to assembly on the construction site. Custom-fit wall and ceiling units are manufactured on a highly automated carousel system to guarantee conformity between the design and finished building.
5 Offsetting the shortage of skilled workers As a response to demographicchange and the trend towardsa service-oriented society,automation and simplified assembly processes allowfor significantly reduced staff levels.
17 RANGE OF SERVICES FOR CG CAPITAL GMBH CORE COMPETENCY IN RENOVATION OF OLD/LISTED BUILDINGS
• 25 years’ experience in the comprehensive renovation of old and listed buildings of all kinds • Carried out by an in-house team of specialists with enormous technical and professional expertise • Historic structures are largely preserved and/or painstakingly reconstructed • Damaged features such as clinker brick facades, mouldings, columns and arches as well as door and window frames are restored to their original historic state with great attention to detail
18 RANGE OF SERVICES FOR CG CAPITAL GMBH REVITALISATION: DEVELOPMENT OF NEW TYPES OF USE
For 20 years now our large-scaleresidential district Example: Bleichert Werke – Gohliser Höfe development projectshave reshaped fallowindustrial sites and unused office buildings into modern spaces for livingand working.
19 RANGE OF SERVICES FOR CG CAPITAL GMBH FUSION OF OLD AND NEW: DEVELOPMENT OF NEW TYPES OF USE
We extend the building complexes we renovate with Examples: Feuerlandhöfe and Residenz am Postplatz modern new buildings. These dovetail with the existing structures to contribute even more towards full-scale revitalisation.
20 OUR PROJECT PORTFOLIO LOCATION: BERLIN
Project type residential development/development Exit strategy sale of condominiums or(forward) sale
Area/ residential 15,700 m² units parkingspaces 165
Completion by2023 Kleine Eiswerderstrasse 14, Berlin
Project type development Exit strategy investment commercial 16,000 m² Area/ (refurbishment) units commercial 11,000 m² (new construction) refurbishment by2023 Completion new construction by2027
Daimlerstrasse97‒111, Berlin
22 LOCATION: SAXONY
Project type development Exit strategy investment
Area/ commercial 51,863 m² units parkingspaces 150
Completion by2025 Pittlerstrasse 33, Leipzig
Project type development Project type development Exit strategy investment Exit strategy investment
Area/ commercial 19,194 m² Area/ commercial 8,314 m² units parkingspaces 133 units parkingspaces 86
Completion by2024 Completion by2024 Mariannen Campus South, Leipzig Mariannen Campus East, Leipzig
Project type completed investments Project type completed investments Exit strategy investment Exit strategy investment
Area/ commercial 12,638 m² Area/ commercial ca. 2,875 m² units parkingspaces 220 units parkingspaces 49
Completion finished Completion finished Mariannen Campus North, Leipzig Mariannen Campus West, Leipzig
23 LOCATION: SAXONY
Project type development Exit strategy (forward) sale commercial 23,032 m² Area/ residential 3,080 m² units parkingspaces 145 Completion by2025 Wittenbergerstrasse 8/10, Leipzig
Project type completed investments Project type development Exit strategy investment Exit strategy investment
Area/ commercial 95,000 m² Area/ commercial/industrial 73,000 m² units area under construction 15,000 m² units parkingspaces ca. 500
90% finished, Completion Completion by2024 10% under construction Plagwitzer Höfe, Leipzig Rosenowstrasse 22‒26/ Dortmunder Strasse 18, Leipzig
Project type development Project type development investment in commercial and residential Exit strategy Exit strategy properties, smaller developments in sale (forward) sale of condominiums residential 1,637 m² Area/ commercial 56,732 m² Area/ commercial 1,606 m² residential 34,405 m² units units parkingspaces 36 parkingspaces 1,342 Completion by2024 Completion by2025 Plagwitzer Höfe, Leipzig MockauerStrasse 7‒9, Leipzig
24 LOCATION: THURINGIA
Project type urban development Exit strategy (forward) sale/sale ofcondominiums
Area/ residential 18,539 m² units parkingspaces 274
Completion by2024 Braugold Areal, Erfurt
Project type residential development Exit strategy sale of condominiums residential 6,612 m² Area/ commercial 216 m² units undergroundparkingsp. 49 Completion by2023 Juri-Gagarin-Ring 113/117, Erfurt
25 LOCATION: BAVARIA
Project type development Exit strategy (forward) sale commercial 13,200 m² Area/ residential 4.000 m² units parkingspaces 359 Completion by2024 Nibelungenstrasse, Karlsfeld (Site 1)
Project type development Exit strategy (forward) sale residential (subsidised) 5,300 m² Area/ commercial 2,900 m² units parkingspaces 131 Completion by2024 Nibelungenstrasse, Karlsfeld (Site 2)
Project type residential development Project type development Exit strategy sale of condominiums Exit strategy (forward) sale/investment
Area/ residential 11,100 m² Area/ logistics 8,904 m² units parkingspaces 262 units parkingspaces 217
Completion by2023 Completion by2024 Nibelungenstrasse, Karlsfeld (Site 3) Nibelungenstrasse, Karlsfeld (Site 4)
26 LOCATION: BAVARIA
Project type development Exit strategy (forward) sale office space 1,536 m² Area/ gastronomy area 472 m² units parkingspaces 46 Completion by2023 Nibelungenstrasse, Karlsfeld (Site 5)
Project type residential development/development Exit strategy sale of condominiums or(forward) sale residential 6,790 m² Area/ residential (subsidised) 1,370 m² units commercial 2,400 m² underground parkingsp. 158 Completion by2023 Freischützstrasse 75‒81, Munich
27 LOCATION: BADEN-WUERTTEMBERG
Project type residential development Exit strategy sale of condominiums
Area/ residential 19,953 m² units parkingspaces 235
Completion by2022 Hofgarten Karree, Karlsruhe
Project type urban development Exit strategy (forward) sale residential 63,000 m² Area/ commercial 28,000 m² units parkingspaces 1,000 Completion by2027 Areal C, Karlsruhe
Project type development Project type development Exit strategy (forward) sale orinvestment Exit strategy (forward) sale
Area/ Area/ commercial 10,500 m² commercial 11,600 m² units units
Completion end of 2024 Completion end of 2024 Bannwaldallee 46, Karlsruhe Rheinstrasse 116, Karlsruhe
28 LOCATION: BADEN-WUERTTEMBERG
Project type development Exit strategy (forward) sale orinvestment
Area/ commercial 27,168 m² units parkingspaces 164
Completion by2027 GablonzerStrasse 2‒4, 11, 20, 22 Neureuter Strasse 23/23a, Karlsruhe
Project type development Exit strategy investment
Area/ commercial 64,000 m² units parkingspaces 350
Completion by2028 Fiduciastrasse2‒10, Karlsruhe
Project type development Project type development Exit strategy investment Exit strategy (forward) sale
Area/ commercial 19,751 m² Area/ commercial 11,150 m² units parkingspaces 550 units
Completion by2022 Completion by2024 Konradhaus, Mannheim FriesenheimerStrasse 2‒4, Mannheim
29 LOCATION: BADEN-WUERTTEMBERG
Project type residential development/development Exit strategy sale of condominiums or(forward) sale
Area/ residential 1,088 m² units parkingspaces 12
Completion by2023 Rommelstrasse4, Stuttgart
Project type urban development Exit strategy (forward) sale residential 21,600 m² Area/ commercial 14,600 m² units parkingspaces 265 Completion by2027 OTTO-Quartier* (Residential), * Project of the 2027 International Building Exhibition (IBA 2027) Wendlingen for the Stuttgart metropolitan region
Project type urban development Project type urban development Exit strategy (forward) sale/investment Exit strategy investment
Area/ commercial 34,200 m² Area/ commercial 13,395 m² units parkingspaces 275 units parkingspaces 100
Completion by2027 Completion by2027 OTTO-Quartier* (Commercial), Wendlingen OTTO-Quartier* (Investment), Wendlingen
30 LOCATION: NORTH RHINE-WESTPHALIA
Project type development Exit strategy investment
Area/ commercial 8,535 m² units
Completion by2021 Cologneo-Campus, Cologne GE 08, GE 09, GE 10-16-17 (Commercial quarters)
Project type development Exit strategy investment
Area/ commercial 3,000 m² units
Completion by2024 Cologneo-Campus, Cologne MI4 (Carriage halls )
Project type development Project type development Exit strategy (forward) sale Exit strategy (forward) sale
Area/ office space 15,068 m² Area/ commercial 11,444 m² units parkingspaces 390 units
Completion by2024 Completion by2023 Cologneo-Campus, Cologne Cologneo-Campus, Cologne MI4 (Multi-storey car park and offices ) MI5 (Office building)
31 LOCATION: NORTH RHINE-WESTPHALIA
Project type development Exit strategy investment
Area/ residential 4,400 m² units parkingspaces 47
Completion by2021 Südtribüne, Dortmund
Project type urban development Exit strategy (forward) sale residential 37,300 m² Area/ commercial 14,700 m² units parkingspaces 670 Completion end of 2025 An der Strunde, Bergisch Gladbach
32 LOCATION: HAMBURG
Project type development Exit strategy (forward) sale residential 16,579 m² Area/ commercial 2,690 m² units parkingspaces 177 Completion by2022 Bahrenfelder Carrée, Hamburg
33 LOCATION: RHINELAND-PALATINATE
Project type development Exit strategy investment
Area/ commercial 3,800 m² units parkingspaces 173
Completion by2024 „Am guten Mann“ (Office), Mülheim-Kärlich
Project type development Exit strategy investment (logistics/prefab) commercial 50,544 m² Area/ (logistics/prefab) units parkingspaces 50 Completion by2023 „Am guten Mann“ (Logistics), Mülheim-Kärlich
Project type residential development Project type residential development Exit strategy sale of condominiums Exit srategy sale of condominiums
Area/ residential 2,200 m² Area/ residential 6,600 m² units parkingspaces 28 units parkingspaces 102
Completion by2023 Completion by2023 Maigesetzweg 12, Koblenz Johannesstrasse, Koblenz
34 LOCATION: RHINELAND-PALATINATE
Project type residential development/development Exit strategy sale of condominiums/(forward) sale
Area/ residential 8,585 m² units parkingspaces 108
Completion by2022 Linzhausenstrasse 38, Linz am Rhein
Project type development/urban development Exit strategy sale of condominiums/(forward) sale residential 37,900 m² Area/ commercial 2,500 m² units parkingspaces 454
Completion by2025 LöhnbergerMühle, Lahnstein
Project type residential development/development Project type development Exit strategy sale of condominiums/(forward) sale Exit strategy (forward) sale
Area/ residential 13,400 m² Area/ residential 5,000 m² units parkingspaces 163 units parkingspaces 50
Completion by2022 Completion by2024 Am Rheinquartier, Lahnstein Wohnpark Diez, Limburg
35