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Sascha Wilhelm increases his stake in x+bricks Group

Frankfurt, March 14, 2022 – The x+bricks Group (“x+bricks”) announces that Sascha Wilhelm, CEO of x+bricks Group, has significantly increased his stake in the company.

“I am excited that as CEO and substantial shareholder I am able to shape the company that I co-founded and built together with a fantastic team even more strongly,” says Sascha Wilhelm, CEO of x+bricks Group. “More than ever, I will stand for the success of this company, the quality of our portfolio and the values that have been the foundation for our success.”

Together with the investor, Custodia Trust Beteiligungs GmbH, owned by Berlin entrepreneur and investor Harald Christ, Sascha Wilhelm acquired 100% of the shares previously held by the SCP Group as well as SCP Group affiliated companies, whereby SCP Group fully exited its investment in x+bricks.

“Building a market-leading platform from inception and working with the x+bricks team in doing so has been a real pleasure,” says Marjorie Brabet-Friel, CEO of SCP Group. “x+bricks is a leader, not only in grocery-anchored real estate, but for its wider achievements in renewable energy and community outreach. While we have successfully exited, we will watch with a great sense of pride as Sascha Wilhelm continues to take x+bricks from strength to strength.”

As a consequence of the exit of SCP Group and affiliated companies, all positions on the Boards of x+bricks Group will be newly filled.

The private wealth investors from Western Europe who were already invested in x+bricks continue to hold their investment.

About x+bricks

x+bricks is a leading and one of the fastest growing platforms for grocery-anchored real estate in Germany. x+bricks’ current portfolio is valued at around EUR 1.3 billion (Gross Asset Value). The company, which has developed the software solution PATA for real estate analyses, focuses on an attractive real estate market that combines long-term contracts with a strong credit tenant base as well as high demand for space with low vacancy rates, thus ensuring sustainable rental income largely independent of economic cycles. x+bricks was founded in 2018 and today comprises more than 200 properties throughout Germany. Further information can be found at: https://andbricks.com.

Press contact

Christian Falkowski

Phone:   +49 69 92187464

Mobile:   +49 171 8679950

E-mail:   christian.falkowski@fgh.com

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