English translation of the German press release published on 1 October 2025:
Munich, 01/10/25 – ZAR Real Estate is continuing to systematically expand its asset management capabilities. With effect from 1 October 2025, Marc Sesterhenn has assumed the role of Head of Portfolio & Asset Management.
With approximately 14,000 residential units under management, ZAR—acting as exclusive investment advisor to Luxembourg-based Net Zero Properties S.A.—is pursuing the ambition of becoming Germany’s leading residential asset manager. The focus is on systematically unlocking value within the portfolio while ensuring residential management at the highest level of quality and digital maturity.
To further strengthen proximity to both assets and tenants, ZAR has opened an additional office in Düsseldorf, complementing its existing locations in Berlin and Munich. This expansion ensures optimal regional coverage across key markets.
The newly structured asset management team brings together many years of experience from senior roles across the German real estate industry. Under the leadership of Marc Sesterhenn—who has more than 20 years of industry experience and previously served as Managing Director at Peach Property Group Deutschland, where he was responsible for a portfolio of more than 27,500 residential units—the team will continue to be selectively expanded.
At the same time, ZAR is already in the process of acquiring three additional residential portfolios, which will further increase assets under management in the coming months. This provides a strong foundation for sustainable growth and the ongoing development of the company’s Manage-to-ESG strategy, with a clear focus on digitalisation, efficiency gains and energy optimisation.
Martin Hofmann, Chief Executive Officer of ZAR Real Estate Holding, comments:
“With Marc Sesterhenn and our growing asset management team, we are laying the groundwork to achieve our ambitious objectives. Our aim is to manage portfolios efficiently, digitally and sustainably, and to establish ourselves as the leading residential asset manager in Germany.”
Marc Sesterhenn adds:
“I am very much looking forward to my new role, taking responsibility for the asset management of Net Zero Properties’ attractive portfolio and driving its sustainable development while unlocking further potential. The recent acquisition of approximately 600 residential units in Northern Germany, together with the additional transactions planned, underlines the company’s ambitious growth targets and its intention to continue expanding the portfolio significantly.”
About Net Zero Properties S.A.
Net Zero Properties S.A. is a Luxembourg-based real estate group focused on the ownership and management of residential properties in densely populated regions of Germany. Through targeted investments in energy generation infrastructure and the use of advanced technologies such as heat pumps, photovoltaic systems and sub-metering solutions, the company aims to achieve significant savings and materially improve the energy efficiency of its buildings. In many cases, these measures are sufficient to deliver a net-zero balance even for older existing properties.rnFurther information on Net Zero Properties S.A. is available upon request or at www.n-z-p.com