Tessner Gruppe

Tessner Gruppe

Tessner Gruppe operates as the family office and holding entity for Hans-Joachim Tessner and his daughters, Tessa Teßner and Anke Tessner-Schreyeck, from the historic town of Goslar, Germany. The Tessner family's wealth traces back to strategic partnerships in the discount furniture retail sector, most notably a longstanding joint venture with the Austrian retail giant XXXLutz, operating brands such as Roller, tejo, and Schulenburg across Germany. Investment activity spans two primary lanes: direct commercial real estate holdings and a portfolio of early-stage venture commitments. On the real estate side, the group controls a portfolio of retail-anchored commercial properties, including the Media-Markt portfolio across Goslar, Hildesheim, and Bremen, the AdlerPassage and KaiserPassage in downtown Goslar, and the Schulenburg Einrichtungs-Shopping-Center near Hamburg. A significant mixed-use development project, the Kaiserpfalzquartier in Goslar, remains an active undertaking. The venture capital arm, managed through Tessner Beteiligungs GmbH under Tessa Teßner, writes seed-stage checks across multiple sectors, reflecting a family office comfortable moving between hard assets and technology exposure. The firm's operational center sits in Goslar, where Hans-Joachim Tessner holds the distinction of Honorary Citizen, reflecting deep local embeddedness. While total assets under management remain undisclosed, the group's real estate portfolio demonstrates concentrated German regional exposure with a clear retail and mixed-use bias. The family maintains a separate philanthropic vehicle, the Hans-Joachim Tessner Stiftung, handling charitable activities distinct from the investment operations. Tessner Gruppe's architecture is notable for its seamless integration of retail operating history with a family office investment function — the XXXLutz joint venture income feeds the holding company, which in turn allocates into property and venture, creating a flywheel effect that few small-city German family offices replicate. The absence of external LP pressures defines a patient capital posture uncommon among institutionally benchmarked peers.