Management · Capital partners (German)
W. Hibert
Owner and Managing Director
Experience since 1977 · ST 77 Holding since 2009
Grocery and local supply real estate. Nationwide.
As an owner-managed family office, we invest in properties that serve everyday local needs. Our investment horizon is long term, and we actively develop our portfolio. Our focus is on viable locations, dependable tenancies and the lasting value of our portfolio.
ST 77 in figures
over €300m
real estate under management¹
64 properties
in 11 German federal states¹
74%
of annual net rent from grocery stores and drugstores²
over 70
property and group companies – managed and controlled from Ulm³
since 1977
experience in real estate
Key figures: management information from the company presentation as of 10/2026 (74%: as of 09/2026). Past figures; they do not allow any forecast and are not an offer to acquire interests or financial instruments.
¹ Real estate under management and number of properties: own properties and properties managed on behalf of capital partners and third parties, on a fiduciary basis or for shareholders; assets at full property value, not pro rata; management information as of 10/2026.
² Share of the six largest grocery and drugstore groups in the annual net rent of the internally valued properties, as of 09/2026.
³ Property, investment, holding and trust companies, including companies managed on behalf of capital partners and third parties; management information as of 10/2026. Key figures and examples in our track record
Our investment approach
More about ST 77Local supply as everyday infrastructure
Grocery stores and drugstores meet people’s daily needs close to home. These are the properties we focus on.
Holding for the long term
We buy to hold. For our own portfolio, a sale is the well-founded exception.
Actively developing value
We negotiate leases early and modernise and extend space together with our tenants. This keeps a location attractive for retailers and shoppers.
How we can help
- Sellers Would you like to sell a grocery or retail property? We assess your offer against clear criteria. One dedicated contact guides you through the entire sale process. Contact: M. Gruber Offer a property
- Partners Would you like to invest in local supply real estate for the long term? In a personal meeting, we explain our approach, the roles in a partnership and how we take decisions. Usually from €10m total investment volume including debt financing. Contact: A. Korzun (English-language enquiries) Discuss a capital partnership
- Banks Are you assessing a financing request? Clear investment criteria, decisions taken by our investment committee and a documented acquisition process make our work easy to follow. Contact: M. Schatz Start a financing dialogue
- Owners Are you looking for someone to manage your retail property? We combine commercial and technical management, name clear responsibilities and report regularly. Contact: S. Kelava Discuss your management needs
People and responsibility
ST 77 is run by people with clear responsibilities. For every enquiry there is one person you can reach directly.
-
Capital partners (English-language enquiries)
A. Korzun
Senior Financial Analyst
Acquisitions
M. Gruber
Legal & Transactions, in-house counsel
Asset & property management
S. Kelava
Head of Asset & Property Management
Leasing · Property management Central
E. Kempfle
Property Manager
For tenants and prospective tenants
- Already a tenant?Your property manager can be reached directly. Report damage using the tenant form. I am already a tenant
- Looking for retail space?Tell us what you need. We will check it against our portfolio. I am looking for space
Talk to us.
Not sure who is responsible for your enquiry? Write to us or give us a call. We will pass your enquiry on to the right person.
ST 77 Holding GmbH · Kronengasse 5 · 89073 Ulm
Contact and directionsLatest news
All newsGrocery-anchored retail in the investment market – 2026 update
Lower volume, many deals, higher rates: what current market reports say about food retail and retail park properties in autumn 2026.
New acquisition profile: focus on grocery-anchored retail
With its acquisition profile 10/2026, ST 77 sharpens its focus: supermarkets, local supply and retail park centres and drugstores across Germany.