Readcrest Capital AG: management transactions · Germany · BaFin

About Readcrest Capital AG

Readcrest Capital AG is a German listed company that has been transformed from a legacy shell/liquidation story into a real-estate and special-situations investment platform. The company’s roots go back to Enerxy AG; the name change to Readcrest Capital AG was approved in 2017, marking the end of the prior liquidation phase and the start of a new corporate strategy. Readcrest is headquartered in Hamburg, at Schopenstehl 22, and is followed on the regulated market in Frankfurt, General Standard, with trading on Xetra/Frankfurt (DAX/MDAX/SDAX) in Germany. ([readcrest.com](https://www.readcrest.com/berichte/Readcrest-Capital-AG-Halbjahresbericht-2017.pdf?utm_source=openai)) Strategically, Readcrest positions itself as an investor and developer in living and care real estate across Europe. Its corporate messaging emphasizes a “twin model”: stable cash flows from system-critical healthcare assets in the UK, combined with higher-upside residential development projects in German growth regions. The company highlights countercyclical investment opportunities in cities and regions such as Halle, Dresden, Magdeburg, Schwerin, and the Berlin-Brandenburg area, where structural housing demand remains strong. This mix gives Readcrest a profile that is part income-oriented real estate investor, part opportunistic developer. ([readcrest.com](https://www.readcrest.com/en?utm_source=openai)) Its core business lines therefore include ownership/exposure to healthcare real estate in the United Kingdom and the development of residential projects in Germany. The group has been explicit about focusing on sustainable construction standards such as KfW 40+, KfW 40 QNG, and DGNB Gold certification, which underscores an effort to align product quality, energy efficiency, and financing credibility. From an investor perspective, this suggests a strategy aimed at combining defensive cash generation with project-driven upside. ([readcrest.com](https://www.readcrest.com/en?utm_source=openai)) Recent news indicates a highly active repositioning phase. In November 2025, Readcrest reported approximately EUR 7.4 million of gross proceeds from capital measures, including a capital increase and a convertible bond. In 2026, it announced the sale of its UK care home business for an initial GBP 44 million, while stating that the remaining UK platform would consist solely of Grosvenor Health & Social Care, described as the third-largest provider of home care in the UK. At the same time, Readcrest moved forward with new residential projects: 100 apartments in Schwerin, a 1,000-unit multigeneration neighborhood in Fürstenwalde near Berlin, and a revised sales strategy for the Halle project. Collectively, these developments show a company in transition, with a growing focus on German residential development and an evolving UK healthcare footprint. ([readcrest.com](https://www.readcrest.com/en/news/readcrest-capital-ag-proceeds-from-capital-measures-of-approximately-eur-7-4-mil-f4a736e6-e514-4893-a2d9-f99c30ce98bf-en))