Strategic consulting.

Relevant data.

Reliable valuations.

bulwiengesa is one of the largest independent consulting and analysis companies for the real estate industry in Germany. Project developers, builders, institutional investors, banks, municipalities and property owners have trusted us since 1983.


Development Monitor and Developer Profiles - join now

Comprehensive project development platform goes online

Initiatives, projects, studies



Chart of the Month - August: Trending towards the suburbs

It has become crowded in the metropolises, building land is scarce and expensive. No wonder that construction activities have increasingly shifted to the surrounding areas. In Frankfurt, almost every second square metre is built outside of the centre; at the same time, plans for flats have declined by 26 % since 2021. This is shown by the current assessment of the Development Monitor

What is the value of the Kita?

The valuers at our subsidiary bulwiengesa appraisal are increasingly being asked to carry out valuations of day-care centres for children. To the public, this sounds like an unusual investment. But real estate is secretly maturing into a new asset class

Chart of the Month July: Ruhr Area bucks the trend

Across Germany, the market for project developments is under scrutiny. Nevertheless, the project development volume in the Ruhr region will increase by around 7 % between 2020 and 2022 - and the pipelines are still full.

The smaller, the more lucrative

For the new report of the Micro-Housing Initiative, we interviewed the operators: for example, about the increased energy costs, their marketing efforts and the state of their business after Corona. The report also contains extensive best practice recommendations for the operation and construction of flats.


bulwiengesa publications are methodologically robust and contain professionally in-depth individual analyses. Whether for strategy, presentation or marketing - in any case, study results must be understandable, relevant and comprehensible. Our entire team is committed to ensuring that they are.

2nd Project Development Study Ruhr 2022

Building on the first project development study for the Ruhr region in 2020, the new edition will follow this year.

Study "Public Infrastructure Real Estate"

Public infrastructure real estate - a response to the challenges in the investment market

bulwiengesa Property Market Index 2022

No bend, on the contrary: real estate prices have been rising for 17 years

About us

Our 90-person team is interdisciplinary and passionate about our work across five locations. Get to know us and our history.



bulwiengesa offers a challenging work environment. Talk to us without obligation or apply directly.



RIWIS is more than a database and has already helped with countless assessments of markets, properties and locations.


bulwiengesa appraisal

Our subsidiary bulwiengesa appraisal prepares valuations for all types of use and for all valuation occasions.



To improve market transparency and bring together key players, we have launched various initiatives. Members receive market data, benchmarks and become visible with their common concerns.