KGAL on growth course for 50 years
“We have constantly scrutinised, adapted and even reinvented ourselves”, explains Gert Waltenbauer, CEO of KGAL GmbH & Co. KG. He says this involves embracing the latest market challenges and future trends, and that KGAL has remained loyal to its focus on asset investments. The company kicked off its anniversary year with a record-breaking yield. In […]
“We have constantly scrutinised, adapted and even reinvented ourselves”, explains Gert Waltenbauer, CEO of KGAL GmbH & Co. KG. He says this involves embracing the latest market challenges and future trends, and that KGAL has remained loyal to its focus on asset investments. The company kicked off its anniversary year with a record-breaking yield. In 2017, it achieved around €2.8 billion in new business. This represents an increase of 47% on the previous year (2016: €1.9 billion). Gert Waltenbauer: “We are well prepared for the next fifty years and will continue developing.”
On course for growth – new markets and products
In its anniversary year, KGAL Group is launching a number of business initiatives. The subsidiary physible GmbH (https://www.physible.de/), for example, is starting an online platform for retail sales of investment products. KGAL New Frontiers GmbH & Co. KG is making investments in new regions, including investing in an Eastern European hydroelectric plant operator. And by the end of the year, KGAL expects to have started an open real estate fund for private investors. “Tangible assets are attractive for private clients but there are too few of them. We will fill these gaps”, says Gert Waltenbauer.
