Hardturm AG specialises in property, and specifically in the maintenance of a portfolio of high-quality residential and commercial buildings and the development of new sites. The risk profile is reduced by offsetting the financial risk inherent in development projects against the secure stream of rental income from buildings in the existing portfolio. Since 1988 Hardturm AG, which belongs to the Albers Group, only works in localities of which it has an intimate knowledge.
The Albers Group has been family-owned for the past 150 years, over which time it has grown from a worsted-spinning mill to an international group of companies specialising in both textiles and property. The growth of the property side of the business started when the company decided to develop banks of land occupied by abandoned factories and premises formerly used for the sale of hand-knitting yarn.
With its team of specialists Hardturm AG actively manages its portfolio, acquires and sells properties, and develops and builds both residential and non-residential buildings.