We know the business. We understand real estate. And we speak the languages of all stakeholders.
Contact usThe built environment has been part of human life for centuries. We spend much of our lives in buildings and depend on them for the ground beneath our feet, the roof over our heads, and the walls around us. Whether public, semi-public, or private, buildings are spaces in which people live and work. Their scale, layout, structure, and atmosphere shape how we move through them and experience them.
This perspective informs our advisory work. Some of our Real Estate consultants are also experienced architects and property developers. Most of our legal and financial experts likewise have backgrounds in real estate. We see every property as an interplay of use, design, and financial viability. That is why we bring together expertise across disciplines, from planning and financing to marketing and sale.
After a prolonged period of growth, the sector faces significant pressure to adapt. Insolvency risks and the need for restructuring are rising as several developments converge:
Material shortages and supply constraints have disrupted construction projects since the pandemic.
E-commerce and changing ways of working are reshaping city centres and office markets.
Higher interest rates and construction costs make projects harder to finance and deliver.
Growing regulatory requirements add complexity to financing, taxonomy, planning, and construction.
ESG criteria and new technologies must be integrated into existing business models and processes.
Shortages of skilled workers and labour further complicate project planning and delivery.
We help you refine your strategic priorities, tap into growth potential, and boost profitability and operational performance. Together, we create a solid foundation for decision-making, translate it into clear actions, and consistently implement changes in your organization, processes, and management systems.
Real Estate
The construction sector has faced sustained pressure for years. Mid-sized companies are particularly exposed: their reliance on debt financing leaves them vulnerable when interest rates rise, potentially threatening their viability. Securing additional funding therefore requires a robust, credible plan. In this interview, real estate expert Jan-Eike Ratjen discusses how lenders assess project viability—and why an independent adviser can be critical at key decision points.
Following an unprecedented boom, the real estate industry is facing what is probably the biggest challenge in its history. Project developers in particular are being hit hard. News of ailing companies has dominated the headlines for months; several industry giants have already filed for insolvency. Rising construction costs, delivery bottlenecks and the sharp rise in interest rates before the previously historically low level have caused their calculations to collapse like a house of cards. enomyc author and distressed real estate expert Janina Elisa Buchholz explains how it came to this, what options for action now remain for the companies and for whom the crisis also offers opportunities.
Real Estate
The real estate sector is currently experiencing one of the most severe crises in its history. The number of building permits has dropped by a quarter, and transaction volumes have plummeted by more than 70 percent. Few expect a genuine recovery in the short term. What can companies do now to escape the downward spiral of the industry? Christian Kuhs, founder and Business Development at Nordantech, discussed this with enomyc founder and Managing Partner Uwe Köstens, and enomyc partner and real estate expert Matias Otto, in the #SHIFTHAPPENS Podcast by Nordantech. Here are some key excerpts from the conversation.
Impending double dip, pressing transformation, slowing banks: “Outdated financing concepts are of little help now,” says Ralf Ehret, partner and head of debt advisory at enomyc. They are often suboptimal, unstable, and not designed for the current risks or future needs of German SMEs. It is no surprise that alternative sources of financing are now booming. But what do companies need to anticipate now in order to act early, honestly, and smartly? A look at worst-case scenarios and dream scenarios from a debt advisor.
Strategy & Corporate Performance
Für die einen ist es ein überfälliger Schritt, um auch die Wirtschaft für die Folgen ihres Handelns in die Pflicht zu nehmen, für die anderen ein undurchsichtiges und vor allem teures Bürokratiemonster. Die Rede ist von nachhaltiger Unternehmensführung, bekannt unter dem Kürzel ESG. Tatsache ist: Auch der Mittelstand wird sich den wachsenden Anforderungen bald nicht mehr entziehen können. Alexandra Becker und Carla Dausend liefern einen Überblick, worauf sich Firmen einstellen müssen, welche Fehler sie vermeiden sollten und wie ESG den Unternehmenswert steigern kann.
Strategy & Corporate Performance
Es führt kein Weg daran vorbei: Die Wirtschaft muss nachhaltiger werden. Schluss mit Überproduktionen, Schluss mit kurzlebigen Produkten, Schluss mit Elektro- und anderem Schrott. Her mit Produkten, die recycelt und länger haltbar sind. Her mit dem “ Recht auf Reparatur ”, her mit der Kreislaufwirtschaft!
Strategy & Corporate Performance
Sustainable corporate governance, also known by the abbreviation ESG, at first seemed to be a topic that mainly concerned large corporations. However, it has been clear for some time that, beginning in 2025, many medium-sized companies will also have to report on sustainability in accordance with the requirements of the so-called Corporate Sustainability Reporting Directive, or CSRD for short. What exactly will be expected of companies then? Can sustainability be measured at all, and if so, in what form? The enomyc ESG experts Jennifer Höpfner and Carla Dausend answer the most important questions and show how a company‘s ESG conformity can be checked using an example from consulting practice.
