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GETEC and MVGM establish joint venture for sustainable energy solutions

9 months ago

Magdeburg, 17 February 2022. GETEC has established a joint venture with OptimusBuy GmbH, a 100% subsidiary of the leading property management company MVGM. In future, the company OptimusGreen GmbH will successively take over the operational management and commercial heat supply of a large proportion of the portfolio managed by MVGM. For the property owners, this will initiate the path to CO2-neutral real estate within the framework of a Green Strategy. The corresponding contracts have recently been signed.

MVGM is a fast-growing property manager of residential and commercial properties and is one of the top 5 property management providers in Europe with offices in 10 European countries. MVGM manages a portfolio of around 10 million m² in over 1,100 properties with approx. 400 employees at 15 locations throughout Germany.

OptimusGreen GmbH will in future design and implement ESG-compliant energy solutions for the existing properties managed by MVGM in the residential, office and commercial asset classes. The focus will be on sustainable and resource-saving supply solutions as well as a reduction of CO2 emissions in order to lower the carbon footprint of the portfolio.

Dirk Tönges, Managing Director of MVGM Germany, explains the strategic partnership with GETEC Group: “Our clients rely on our real estate expertise. The development and implementation of ESG strategies is already part of our standard services. Therefore, we founded OptimusGreen as a logical consequence of these requirements, because as property managers we have all the data on the condition of the technology. To optimise and operate this technology for the benefit of the owners, tenants and ultimately the general public is, in our understanding, something we can no longer imagine our market segment without.”

“By cooperating with such a renowned partner as MVGM, we are consistently continuing our strategic portfolio approach. By modernising the huge managed portfolio, the two partners succeed in achieving significant cost and CO2 reductions of orders of magnitude. In this way, we are jointly pursuing our ESG vision and making a difference for the generations that come after us,” explains Michael Lowak, CEO of GETEC Platform Germany.


Contact for the press
Chris Braun
Marketing Director & Press Officer
MVGM Germany
Bleichstr. 64-66
60313 Frankfurt