Years of experience in the development of attractive real estate projects from the purchase of land to project handover

ZAR Real Estate Holding

Based in Munich and operating across Germany, ZAR Real Estate Holding is a fully integrated developer of real estate projects with high value creation potential.

The company focuses on the development of commercial properties, urban quarters and hotels. ZAR Real Estate Holding holds and is currently developing projects totalling a combined gross floor area of approximately 950,000 square metres. The company’s investments are primarily concentrated on selected areas at the edges of booming big cities such as Berlin, Düsseldorf or Frankfurt am Main. In past years the consortium has supported well-known developments.

Quick decision-making processes concerning purchases guarantee a high degree of agility. At the same time, an excellent network of long-standing partners testifies to the absolute quality and reliability of ZAR Real Estate Holding.

What makes us stand out

  • Clear corporate strategy through sole shareholder

  • Quick decision-making processes concerning purchases

  • Strong capital in all project phases

  • Strong partner network

  • High degree of experience based on a number of successfully completed project developments


Felix Schallmeyer

Felix Schallmeyer

Managing Director

After completing his degree in business administration, Felix Schallmeyer built up years of experience in the hedge fund sector. His long-standing expertise extends to real estate transactions and the structuring of financial vehicles, amounting to a total of one billion euros. Mr Schallmeyer has been in charge of building up ZAR Real Estate Holding GmbH from the very beginning. He was also on the supervisory board of a large investment property company with 13,000 residential units.

Dennis Hoppa

Dennis Hoppa

Head of Transaction

Even during his university studies in industrial engineering, Dennis Hoppa was able to gain solid professional experience, which he added to after his degree with his work as a project manager for a large German real estate developer. His extensive experience and network of contacts ranges from project development of urban retail properties and business premises to urban residential quarters and the construction of other residential and hotel properties. His current focus at ZAR Real Estate Holding lies in the purchase and sale of land, project management, renting and leasing as part of a project framework, and holistic project initiation.

Stefan Neher

Stefan Neher

Head of Development

Stefan Neher has been a project developer since 2003. Before joining ZAR Real Estate Holding he worked for different national and international companies. His expertise lies in the development of both commercial and residential properties. From his previous work Mr Neher has built up a large network of contacts and gained extensive experience in the acquisition, building planning approval, contract negotiations, renting and conception of large, complex projects.

Juan Carlos Calvo Quesada

Juan Carlos Calvo Quesada

Investment Manager

Juan Carlos Calvo Quesada is a Investment Manager at ZAR Real Estate Holding. He spent four years prior to this working in strategy consulting, one year of which as a freelance consultant. His work focuses on projects in the fields of corporate real estate management, investment management and corporate finance. Mr Calvo Quesada supports the ZAR team in finance matters, project development and deal structuring and exits.

Pelin Yilmaz

Pelin Yilmaz

Project Manager

Pelin Yilmaz has been able to gain a wealth of experience in the field of hotel development thanks to her tourism management studies at Munich University of Applied Sciences and her work at Zarges von Freyberg Hotel Consulting. Initially joining ZAR Real Estate Holding as an executive assistant, Ms Yilmaz now supports the company as a project manager. She is also responsible for marketing and ZAR Real Estate Holding events.

Marieta Todorova

Marieta Todorova

Executive Assistant

Marieta Todorova is an executive assistant at ZAR Real Estate Holding. In addition to her organisational office management duties, she is able to look back on a 15-year career as an executive assistant. She helps the Executive Board in the planning, execution and coordination of administrative processes and is responsible for coordinating the ZAR Holding schedule.


Current openings:

Junior Consultant / Analyst (m/w/d) Projektentwicklung Immobilien / Real Estate Development


Telephone: +49 89 9545766-80

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