1998 | POLIS Grundbesitz und Beteiligungs AG is founded by Bankhaus Delbrück & Co, Privatbankiers |
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1998 | Dr. Alan Cadmus becomes a founding shareholder and founding member of the Board of Management |
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1999 - 2001 | Expansion of the portfolio and execution of several capital increases |
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2001 | Dr. Matthias von Bodecker is appointed as member of the Board of Management |
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2003 |
Bouwfonds Asset Management (at the time a subsidiary of ABN AMRO) takes over the share held by Delbrück & Co as well as the asset management responsibilities |
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2006 |
POLIS decides to pursue a growth strategy and carries out two capital increases
Expansion of the portfolio to 14 properties with a total market value of approximately EUR 120 million EUR |
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2007 |
Name changed to POLIS Immobilien AG
Initial Public Offering on 21 March
Establishment of in-house asset management
Increase of the portfolio to 31 properties with a total market value of approximately EUR 246 million |
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2008 |
POLIS realizes gains by selling Torstrasse 15 in Stuttgart and following refurbishment Steinstrasse 20 in Dusseldorf
Mann Immobilien-Verwaltung AG executes a mandatory takeover offer and increases its stake in POLIS to 53% of all outstanding shares |