- Expansion of development portfolio with an off-market project with a volume of more than 70 million euros in a sought-after micro-location in the high-growth premium segment
- Planned completion of all six luxury chalets in Reith bei Kitzbühel, Austria, by the end of 2023
- Markus Dickopf appointed to the management board of 777 Capital Advisors GmbH
Baar-Zug (Switzerland), 7. December, 2021. The real estate investment boutique 777 Capital Partners AG (777 Capital Partners) is now also investing in the Austrian real estate market and further expanding its project development portfolio. The company has successfully secured a project development in the premium residential real estate segment. The investment volume amounts to more than 70 million euros.
Six luxury chalets with a living area of over 6,000 square meters will be built on the site by the end of 2023. The construction project is being carried out jointly with MACH Architekten (MACH) from Kitzbühel. MACH has already successfully realized a large number of similar projects in the past.
“With this project, we are taking the opportunity to invest in one of the most sought-after locations in Austria. There is a very high demand for luxury projects in Kitzbühel and the surrounding area, but only a limited supply, as the market is still served in a highly fragmented manner,” says Ralph Winter, partner and co-founder of 777 Capital Partners AG.
As investment activities of the group are increasing, Markus Dickopf has been appointed as Managing Director of the Frankfurt-based subsidiary 777 Capital Advisors GmbH (777 Capital Advisors). He has been with 777 Capital Partners since inception of the group and, as Managing Director, will be responsible for the entire investment business, including asset management and equity raising, and will be in charge of managing 777 Capital Advisors GmbH.
About 777 Capital Partners AG
777 Capital Partners AG (777 Capital Partners) is a Baar-based investment manager and co-investor founded by Ralph Winter, Thomas Landschreiber and Micha Blattmann. As a specialized value-added investment boutique and co-investor for real estate in the DACH-region, 777 Capital Partners offers its investors solid expertise in investment and asset management services through a team of specialists with many years of experience. The company has additional offices in Frankfurt am Main and Zurich. 777 Capital Partners is registered in the commercial register of the canton of Zug.