Capital Bay GmbH, founded in 2016 by George Salden, is a Berlin-based real estate company with a headquarters in Luxembourg. The organisation operates from Sachsendamm 4-5 in Berlin and maintains regional offices throughout Germany, including Leipzig, Dresden, Potsdam, Frankfurt, Ludwigsburg, Heilbronn, Grünwald, and Oberasbach, as well as international branches in Switzerland and Hong Kong.
Capital Bay focuses on the entire real estate lifecycle, overseeing the investment, development, management, construction, rental, and operation of its properties through an integrated platform. Since inception, Salden has completed real estate transactions totaling over eight billion euros. One of Capital Bay’s defining innovations is the development of UVALUATE, a property valuation and transaction software, which evolved into 21st Real Estate and was ultimately acquired by the Scout24 Group, highlighting the company’s commitment to leveraging technology within the sector.
Current activities centre on producing high-quality housing and operating developments that prioritise resident needs and foster community. The organisation is involved in the transformation of buildings into living environments that actively support well-being through adaptable design and advanced technology. Their strategic approach incorporates interdisciplinary collaboration to address market demand and sustainable building practices.
Rolf Engel, Executive Chairman of Capital Bay Fund Management, oversees regulated business activity in Luxembourg and brings broad experience in international capital markets. Both leaders have a track record of significant transaction volume and technical innovation, positioning Capital Bay as an influential platform in Germany’s real estate sector.
