Markus Vogel
Real Estate Research LeadFocuses on commercial and mixed-use property trends across Central Europe.
About us
A steady, research-led view of real assets
AL Konzept GmbH & Co. KG is an informational platform dedicated to real estate, infrastructure and aviation. We publish general research and analysis; we do not sell investment products or paid services through this website.
Who we are
Grounded in Grünwald, focused on real assets
Based in Grünwald, near Munich, our team follows the fundamentals that drive long-horizon, physical assets. We look at buildings, infrastructure networks and aircraft not as abstract instruments but as tangible assets shaped by geography, regulation and use.
Our work is organised around three fields: real estate, infrastructure, and aviation. Each is covered by contributors who track policy, construction, financing structures and operating conditions relevant to that sector.
What guides us
Our values
These principles shape how we research, write and communicate about real assets.
Independence
We are not compensated to favour one asset, sector or market over another in our published content.
Balance
We present opportunities alongside constraints, and never overstate the certainty of any outlook.
Patience
Real assets are long-lived. Our analysis takes a multi-year view rather than chasing short-term signals.
How we work
From site visit to synthesis
Our process starts with the physical asset: its location, condition and use. From there we layer in market data, regulatory context and financing structures to build a rounded picture.
- Step 1Identify the asset class and specific segment under review.
- Step 2Gather primary and public information on the asset and its market.
- Step 3Cross-check findings against regulatory and macroeconomic context.
- Step 4Publish balanced, general information for informational purposes only.
Our team
People behind the research
A small, focused team with backgrounds across real estate, engineering and transport.
Sabine Hartmann
Infrastructure Research LeadCovers transport and energy infrastructure development and financing.
Jonas Weller
Aviation Research LeadTracks fleet cycles, leasing structures and airline operating trends.
This page is provided for general informational purposes only and does not constitute investment advice, an offer, or a solicitation of any kind. AL Konzept GmbH & Co. KG does not provide paid services through this website.