
- Situation
- Acquired at shell stage, with outstanding debt above the expected sale proceeds on completion.
- Solution
- Debt forgiveness agreed on acquisition; a general contractor has been selected to complete the building.
Completion in preparation
Alpha-B Holding AG · Frankfurt am Main · since 2009
Alpha-B Holding AG is a holding company based in Frankfurt am Main. Since 2009 we have invested in real estate and financial services, with a growing portfolio and a strategy geared towards growth across several countries.

A portfolio with stable income, and the acquisition of stalled developments that we restructure and complete.
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The group's second pillar, which we are currently expanding significantly through stakes and acquisitions across Europe's financial centres.
Explore →Real estate
We acquire stalled real estate developments, put their financing and planning on a new footing and bring them to completion. Alongside, we build a portfolio with stable income.
Property management for commercially let assets, focused on reliable tenants and predictable cash flows.
Property management for hotel and leisure assets, let or leased to experienced operators.
Our own developments and the redesign of existing plans, aligned with market prices and bankability.
Acquisition of failed or stalled projects, restructuring of their financing and completion with our own partners.
Approach
Every project starts from a different place. Our way through it follows the same order.
Construction status, plans, financing and legal position. We establish quickly whether, and on what terms, a project can work.
Negotiations with creditors and lenders until the liabilities match the realistic value of the project.
Where needed, we adapt use and floor plans to the market, on the same floor area and with new economics.
Delivery with selected general contractors, followed by a sale or a transfer into our own portfolio.
Track record
Three cases from our portfolio. Locations are given by region; details are available on request.

Completion in preparation

Redesign completed

In portfolio
Special situations
Beyond our regular pipeline, we review selected large-scale projects in distress. These engagements are project-based and include sourcing the equity and debt capital they require.

Financial services
Financial services form the group's second pillar. We are currently expanding this business significantly through stakes in existing institutions, acquisitions and their integration across Europe's financial centres, within the EU and EEA.
Deposit business and intermediation of overnight and term deposits and short-term securities with manageable risk.
Orderly acquisition of client books from institutions in financial difficulty.
A mid-sized asset management business for private and institutional clients.
International payment transactions and financing of cross-border trade.
Advisory on capital measures, extended to underwriting and pre-IPO financing.
Restructuring of the group's financing with the aim of establishing capital market readiness.
Activities requiring a licence are carried out exclusively once the relevant regulatory authorisations have been granted, and only by appropriately licensed entities.
Markets
Today our acquisitions focus on Germany and Austria. Further markets in Europe and North America are being opened step by step.
Active
Active
In preparation
In preparation
In preparation
In preparation
In preparation
In preparationRestructurings depend on trust. We keep names of counterparties, projects and partners confidential.
Alpha-B works with a lean core team in Frankfurt and a network of specialists in construction, law, financing and restructuring.
Project details and references are shared in a personal meeting or under a non-disclosure agreement.
Partners and investors
We work with every side of a transaction. These are the situations that most often lead to a first conversation.
A project loan is non-performing and you need a buyer who will see the project through.
An asset or project from insolvency proceedings needs a fast and reliable buyer.
Your project has stalled because financing, planning and prices no longer fit together.
You are interested in a stake in individual projects or in the group's growth.
You are considering the transfer of client portfolios or a corporate transaction.

Contact
Give us a brief outline of the situation. We respond within a few days and treat every enquiry in confidence.
Alpha-B Holding AG
Friedrich-Ebert-Anlage 35–37
60327 Frankfurt am Main, Germany