Single Family Office

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Sassenscheidt

Sassenscheidt traces its founding to 1925 when the family operated a facade construction business in the Sauerland. Erik Sassenscheidt and Karl Sassenscheidt...

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Sassenscheidt

Sassenscheidt traces its founding to 1925 when the family operated a facade construction business in the Sauerland. Erik Sassenscheidt and Karl Sassenscheidt now serve as managing directors of the Düsseldorf-headquartered entity that evolved into a family-run real estate developer. The firm concentrates capital in direct co-investments and SPVs across real estate asset classes. Confirmed holdings include commercial properties BEUST in Essen, ONE17 in Düsseldorf, THE B and SCALE in Berlin, plus residential assets Lido in Leipzig and MIKA-Quartier in Dresden. Activity centers on project development in office, residential and mixed-use segments within Germany and limited extension into other European locations. Geographic reach stays inside Europe with primary execution in North Rhine-Westphalia. Team size and total deployment remain undisclosed. Erik Sassenscheidt maintains membership in the GRI Institute and the IHK Düsseldorf Real Estate Committee. Henrik Sassenscheidt operates Townscape as an adjacent vehicle while participating in venture investments. No dated operational events from the last 24 months appear in available records. The family maintains separation between operating real estate activities and philanthropic vehicles including Arche Wedding and Upendo Children's Village. Governance ties investment decisions to named family principals rather than external managers.

General information

Firm type

Single Family Office

Year founded

1925

AUM

Undisclosed

Location

Region

Europe

Country

Germany

City

Düsseldorf

Corporate office

Düsseldorf, Germany

Principals

Erik Sassenscheidt

Managing Director

Altss tracks 3 additional named team members for this firm — including direct investment leads, IR, and operating principals not listed on the public website.

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Sector focus

Real EstatePropTech

Frequently asked questions

Who runs investment decisions at Sassenscheidt?

Erik Sassenscheidt and Karl Sassenscheidt serve as managing directors. Peter Sassenscheidt founded the firm and remains listed in governance roles. Henrik Sassenscheidt contributes through Townscape and venture activities.

Does Sassenscheidt participate in fund commitments or only direct deals?

The firm executes through direct co-investments and SPVs. No external fund commitments are referenced in available records.

What investment stages does Sassenscheidt typically target?

Activity centers on project development and existing asset repositioning in commercial and residential real estate. Holdings span office, residential and mixed-use segments.

Where does the underlying wealth come from?

Wealth originated from a facade construction business established in the Sauerland region in 1925. The family later expanded into property development and asset ownership.

How is Sassenscheidt related to its philanthropic structures?

Philanthropic vehicles such as Arche Wedding and Upendo Children's Village operate separately from the real estate investment activities. Family members including Julian Sassenscheidt participate in these projects.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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