LEG Immobilien becomes new partner of ATechX – innovation through cooperation

Startup accelerator ATechX, Aroundtown's innovation and venture platform, is expanding its network with LEG Immobilien as another strong partner. Other partners of ATechX include Vonovia, Round Hill Capital, Fifth Wall and noa. Together, the companies want to further advance the sustainable and digital transformation of the real estate industry – in a practical, scalable way and with measurable impact. By expanding its partner network, ATechX now offers startups the opportunity to test their solutions on a total portfolio size of around €130 billion.

Strong alliance for the future of the industry

ATechX supports young companies that are rethinking real estate and its development with technological, digital or sustainability-oriented solutions – from planning and financing to management and operation.

In addition to access to a strong network of leading industry companies, the four-month accelerator programme offers founders real-world testing environments within the European portfolio of Aroundtown and its partners. The third cohort, which has already started, benefits directly from the new partnership with LEG and can now test its solutions in the LEG portfolio for the first time.

LEG brings even more sustainability and innovative strength to the table

With around 172,000 rental apartments, LEG is one of Germany's leading listed housing companies. Its focus on affordable housing, emission efficiency and climate protection makes it an ideal partner for ATechX.

With its own innovation initiatives – including termios (intelligent heating control), dekarbo (use of highly efficient heat pumps) and RENOWATE (digital, serial complete renovation) – LEG demonstrates how sustainable and digital solutions can transform the housing industry.

“ATechX’s mission is to rethink the real estate industry by giving unique proptech ideas the opportunity to accelerate into market-ready solutions. With LEG, the accelerator is gaining a strong partner that will empower startups to transform the industry,” says Barak Bar-Hen, CEO of Aroundtown.

LEG also sees the potential in the cooperation:

“The collaboration between LEG and ATechX gives us early insights into innovative technologies and enables us to support startups in developing market-ready solutions for the housing industry. Together, we want to shape the living spaces of tomorrow,” explains Lars von Lackum, CEO of LEG Immobilien.

About ATechX

ATechX is a pioneering Proptech accelerator powered by Aroundtown, dedicated to supporting innovative founders. The program offers a focused, four-month journey, customized individually for each early-stage startup ready to scale disruptive solutions across the entire real estate lifecycle—from finance and design to leasing and operations—covering all asset classes including residential, commercial, and hospitality. Startups gain exclusive access to the extensive European portfolios of Aroundtown, Round Hill Capital, Vonovia and LEG Immobilien with a portfolio size of €130 billion. This provides a unique, real-world environment to validate and enhance their technologies. ATechX emphasizes execution, with a hands-on approach guided by seasoned real estate professionals from diverse disciplines. These experts help startups refine their market fit and sharpen their value proposition, ensuring practical, strategic growth.

The program is supported by leading industry players: Aroundtown, Fifth Wall, noa, Vonovia, LEG Immobilien and Round Hill Capital.

More info: www.atechx.de

About Aroundtown

Aroundtown is one of Europe's largest real estate companies, M-Dax listed and focused on income generating quality properties that have potential for value-add in central locations mainly in Germany and the Netherlands and London. The portfolio comprises mainly office, residential and hotel properties. Hundreds of experienced employees from all areas of the value chain ensure that Aroundtown effectively realizes long-term potential. Professional organization, flexibility, innovation and extensive tenant services make Aroundtown a reliable partner for growth and success. Aroundtown is a sustainability leader in the European market with strong visibility in ESG indices such as Dow Jones Sustainability Index, Bloomberg Gender Equality Index and more. Aroundtown is a member of the European Public Real Estate Association (EPRA), the German Property Federation (ZIA), the German Sustainable Building Council (DGNB), the UN Global Compact Network Germany, Supporting member of the Society of Property Research (gif) as well as a signatory of the Charter of Diversity. Aroundtown has received multiple EPRA BPR Gold Awards and EPRA sBPR Gold Awards for its transparent financial and sustainability reporting. Avisco (controlled by Yakir Gabay) holds 15% in Aroundtown (date: 29.07.2022) and Stumpf Capital GmbH 10% (date: 13.11.2023). Other shareholders include Blackrock, Norges, Vanguard, BNP Paribas, AXA, Alliance-Bernstein, APG, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, Nordea, Allianz, M&G, Pictet, Credit Agricole and many other major institutional investors. www.aroundtown.de

About LEG

With around 172,000 rental apartments and approximately 500,000 residents, LEG SE is a leading listed housing company in Germany. The company has eight branches and is also represented by personal contacts at selected locations. In the 2024 financial year, LEG SE generated revenues of €1.303 billion from its core business of renting and leasing, with an average rent of €6.80 (l-f-l) per square metre. With around one-fifth of its portfolio comprising social housing and its ongoing commitment to efficient climate protection in the housing industry, including the establishment of green, digital start-ups for the smart control of existing heating systems (termios), the installation and maintenance of highly efficient heat pumps (dekarbo), digital, serial complete renovation (RENOWATE) and the first virtual industry solution for transparent service management and Germany-wide contract awarding in the areas of green maintenance, cleaning and winter services (youtilly), LEG is underlining its digital and sustainable commitment in various areas.

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