
We create spaces that flourish and connect people
For over 30 years, we have crafted urban environments with vision and substance. We focus on value‑add investments in inner-city locations of Germany’s top‑7 cities — using progressive architecture, sustainable ESG strategies, and tailored usage concepts.

City quarter development FÜRST, Berlin
A Fresh Take on Urban Spaces
We believe in cities where work and life are in balance—sustainable, vibrant, and future-ready. To meet this ambition, we develop places that transcend their physical form. We revitalize inner-city locations with resource-conscious approaches, design new usage concepts, and create spaces that bring people together and empower businesses. Our Berlin and Munich teams guide projects end-to-end—from acquisition to leasing—shaping work and living environments that define cityscapes and secure long-term perspectives. Through our actions and creations, we generate real value.
The CELLS Leadership Team
Dirk Ruppert
Chief Investment Officer (CIO)
Norman Schaaf
Chief Development Officer (CDO)
Jan Trenn
Chief Executive Officer (CEO)
Jürgen Wodianka
Chief Technology Officer (CTO)
Advisory Board
Dr. Christian Elleke
Chairman of the Advisory Board – Company founder and real estate entrepreneur
Dr. Holger Hatje
Longtime CEO of Berliner Volksbank; supervisory board member at international banks and insurance companies
Rainer M. Jacobus
Former CEO and current Chairman of the Supervisory Board at IDEAL Insurance Group; holds various supervisory and advisory board positions in the financial sector
Hans Jürgen Kulartz
Longstanding board member of Berliner Sparkasse; holds mandates in real estate and media companies
Dr. Christian Nunn
Attorney and partner at HFK, a renowned German real estate law firm
Our values — why we build
We believe the development of city quarters is more than business. It’s responsibility to what exists — and a chance to imbue new meaning into spaces. We are driven by the belief that real estate has power: economic, social, and cultural. That requires conviction, experience, and a team united by shared belief in the future.

Careers at CELLS
Join a team that’s reimagining real estate—with creativity, responsibility, and impact. We design spaces that create new perspectives and make cities more vibrant. Want to make a difference and be part of an environment where you can truly help shape things? Then help us develop places that have a future.