SM Wirtschaftsberatungs Aktiengesellschaft: management transactions · Germany · BaFin

About SM Wirtschaftsberatungs Aktiengesellschaft

SM Wirtschaftsberatungs Aktiengesellschaft is a German niche listed company focused primarily on real estate and, to a lesser extent, on equity investments. The share is traded in Germany on Xetra/Frankfurt (DAX/MDAX/SDAX) and also in other segments of the German open market. The company is headquartered in Sindelfingen, Baden-Württemberg, and was founded in 1996. Its ownership structure is highly concentrated, with RCM Beteiligungs AG as the dominant shareholder. ([smw-ag.de](https://www.smw-ag.de/unternehmen/unternehmensportrait/)) SMW’s business model is built around three core areas: properties held on its own balance sheet, real-estate project development, and related services, together with a portfolio investment business. The company describes its operational focus as the management of real-estate portfolios and, more specifically, their enhancement and redevelopment. A notable part of this strategy is the conversion of former non-residential or no-longer-residential buildings into modern, attractive residential space. This gives the group a value-creation profile that combines asset management, development expertise, and recurring rental and service income. ([smw-ag.de](https://www.smw-ag.de/unternehmen/unternehmensportrait/)) From a competitive standpoint, SM Wirtschaftsberatungs AG operates more like an entrepreneurial small-cap real-estate specialist than a broad diversified property platform. Its edge lies in local market knowledge, a compact cost structure, and the ability to execute targeted redevelopment projects. Its geographic footprint is mainly Germany-based, with recent activity pointing especially to southern Germany. In 2025, the company disclosed a land purchase in Bietigheim-Bissingen in Baden-Württemberg, where a residential project is planned for sale, underscoring its emphasis on selective development opportunities rather than large-scale expansion. ([smw-ag.de](https://www.smw-ag.de/sm-wirtschaftsberatungs-ag-erwirbt-baugrundstueck-in-bietigheim-bissingen-wohnbauprojekt-vorgesehen/)) Recent corporate developments have been material. In July 2025, SMW announced that it had reached a settlement in a long-running court appraisal procedure relating to its subsidiary SM Capital AG, increasing both the cash compensation and the annual balancing payment, while also removing the burden and uncertainty of further litigation. The company also completed a share buyback process in spring 2025. Operating updates for the first half and first nine months of 2025 show a business that remains modest in scale, but supported by property investments and improved occupancy; the company reported a higher annualized rental base by the third quarter. Overall, the latest disclosures suggest a company that is still very much in value-recovery and asset-enhancement mode. ([smw-ag.de](https://www.smw-ag.de/investor-relations/ad-hoc-meldungen/))