Building digital bridges: Aroundtown Foundation supports Off Road Kids in the Sofahopper project

The Aroundtown Foundation is helping the Off Road Kids Foundation to meet the urgent need for digital counseling for young people who have run away from home or been displaced. The support goes towards digitizing the counselling service. In view of the sharp increase in inquiries since the coronavirus pandemic - the foundation receives more than 500 calls for help from young people every month - this support is crucial for the Off Road Kids Foundation, which is the only organization of its kind in Germany.

The Off Road Kids Foundation is dedicated to the prevention of youth homelessness in Germany. The organization offers important help before young people end up on the streets. Since the outbreak of the coronavirus pandemic, the situation of many families has worsened, leading to an increase in homelessness among young people. The foundation is working hard to provide these young people not only with accommodation and food, but also with professional advice and support to give them a better future.

By providing targeted support for children and youth projects, the Aroundtown Foundation strengthens social interaction and provides practical help where it is most urgently needed. The donation makes a significant contribution to enabling the digital transformation of the Off Road Kids Foundation's counseling services and thus giving many young people a new perspective.

About the Aroundtown Foundation

The Aroundtown Foundation was established in 2018. The foundation assumes social responsibility and provides targeted and pragmatic support for projects and institutions in the neighborhood surrounding the portfolio. The Aroundtown Foundation's support is targeted and strengthens local communities. The focus is particularly on projects for children and young people, art and culture, sports activities and charitable causes, as well as educational and elderly care institutions.

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. 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 as well as a signatory of the United Nations 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, Allianz, BNP Paribas, Japan’s Government investment fund, Alliance-Bernstein, Dekabank, State-Street, Bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union Investment, DB, UBS, CS, M&G, Pictet, Credit Agricole and many other major institutional investors.

www.aroundtown.de