Instone Group secures €1.1b in project volume

German residential developer Instone Group has already secured land for projects with an expected sales volume exceeding €1.1 bn so far this year. 

Kruno Crepulja

To improve capital efficiency and spread risk, about half of these projects will be developed in partnership with strong financial partners.
The company is capitalizing on the current favourable conditions in the land acquisition market to secure projects with above-average returns, thanks to its strong financial position. These investments are spread across nine key German metropolitan areas. Instone Group has a substantial pipeline of potential acquisitions and is in advanced discussions for further land purchases, which are expected to be finalized in the coming months.
Looking ahead, Instone Group plans to acquire projects with a total expected sales volume of €2 bn for the financial years 2025 and 2026.
As the German residential property market recovers, particularly in major metropolitan areas, Instone Group believes it is the right time to invest in new projects and pursue growth from a position of strength.
In addition to the market recovery, purchasing conditions have improved significantly, with sellers adjusting their prices to reflect current market realities. Instone Group's strong capital base allows it to acquire attractive projects with above-average margins and returns in a less competitive environment. This includes projects with existing zoning rights, which can quickly contribute to profit generation. As of June 30, 2025, Instone Group had a low loan-to-cost ratio of 12% and available liquidity of around €270 mln, with additional credit lines providing further financial flexibility.
The acquired projects are expected to create over 2,100 new residential units, including approximately 800 affordable housing units to be developed with its subsidiary nyoo, using innovative planning and construction methods. This will help alleviate the housing shortage in Germany's metropolitan areas.
Kruno Crepulja, CEO of Instone Real Estate Group SE, commented: “The company has performed very well during the crisis, enabling us to switch into growth mode from a position of strength. We now see an ideal window of opportunity for land investments, thereby laying the foundations for accelerated earnings growth in the coming years.”