x.DD platform solution as key driver for strong demand
x.project AG is growing at an increasing rate and was already able to significantly exceed the previous year’s result by September of this year.
In the current fiscal year, the real estate specialist for technical and digital services managed properties with a gross floor area of over 1,500,000 square meters for the first time. In the comparison year 2020, this area was around 800,000 square meters.
“The business volume of x.project AG is continuously increasing. Our professional and at the same time unbureaucratic way of reacting quickly is one of the reasons for the rapid and steady increase in orders. Our experience in real estate of different types of use, as well as local and country-specific expertise in many European countries, are particularly appreciated by our clients. In order to ensure this growth continues, we are intensively looking for new employees to support us in this challenge“, explains Holger Weber, CEO of x.project AG.
The 250 properties audited this year are located in Germany, Austria, Denmark, Finland and Spain. Looking at the various asset classes, residential properties account for the largest share with around 710,000m2. This was followed by retail properties with around 300,000m2 as well as office buildings with around 217,000m2 and logistics with 197,000m2. The remainder fell to mixed-use properties and nursing homes.
The services implemented for mainly institutional owners and investors include in particular technical due diligence (TDD) as well as monitoring and building quality control (BQÜ). Other important achievements were Technical
Asset Management (TAM), area certifications and other engineering services. For the first time, ESG analyses in connection with purchase audits were also new and in particularly high demand.
“Our start to the year has already been very positive and the order books are well filled. Our new interdisciplinary platform x.DD for all technical services related to real estate has provided a major boost. In the meantime, the majority of our customers are already using the x.DD platform and are very satisfied with the structure and clear presentation of the projects. Word gets around like this and we are constantly getting more requests for x.DD“, explains Jens Dehnbostel, CCO on the board of x.project AG.
The company has been on the market with its new interactive platform x.DD since December 2020. The online-based digital system combines, among other things, through intelligent and functional links, all technical aspects related to real estate management both in the portfolio, in the purchase and sale as well as in project development.
