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The Group's business activity was founded in 2004 by Yakir Gabay, who is 10% shareholder. The first acquisitions started in the center of Berlin, in neighbourhoods such as Mitte and Charlottenburg.
The company's stock was listed on the Euronext Stock Exchange in mid 2015 at a price per share of €3.2 and market cap of €1.5 billion. As of mid 2018, the company is listed on the Frankfurt Prime Standard and is included in the MDAX index. The company trades with at ticker "AT1" and has a full market cap of around €10 billion.