SAUER REAL ESTATE SINCE 1936! Sauer Real Estate has its origins in nuremberg dating back to 1936. The company soon expanded successfully in Germany, mainly due to the expertise of Mr. Fritz Sauer, the company's founder. Then the main activities in Germany were the development of apartment buildings, the construction of shopping centers and the ownership of office buildings. The company has soon opened further offices in Frankfurt and Munich. Sauer Real Estate was largely involved in the reconstruction of Nuremberg’s downtown after World War II. In 1967, Mr. Jürgen Sauer took over as the owner and managing director of the company. He took the company international by starting activities in the USA and Austria. Since 1970, business has been expanding to Spain, where the first project to be completed was an aparthotel with 110 units in Puerto de la Cruz, Tenerife. During the late 80s and early 90s, two more offices were opened in spain, one in Marbella and another one on Mallorca. Today Sauer Real Estate has offices in Germany, Spain, Switzerland and England. In 2011 Mr. Philip C. Sauer was appointed as managing director and represents the third generation of this family business. Mr. Philip C. Sauer holds a Master of Real Estate Investment & Finance by the European Business School University in Oestrich-Winkel (Germany).