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Multi Family OfficeInvests directly in companiesLAST VERIFIED Oct 2026 · 1 SOURCES

Cologne multi family office that invests in German real estate as fiduciary investment and asset manager for wealthy families and single family offices.

USEFUL FOR Co-investors

Identity

HEADQUARTERS
Cologne, Germany
FOUNDED
1993

Investment approach

GEOGRAPHY
Germany
ROUTES
Companies (direct)
STRATEGIES
Real estate

Overview

DERECO is a Cologne multi family office specialised in real estate. According to Private Banking Magazin (May 2025), it invests across Germany in property on behalf of wealthy families and single family offices as a fiduciary investment and asset manager and manages their portfolios; the article reports more than EUR 1.5 billion of transactions over ten years and EUR 1.1 billion of investments under management. In 2025 its management was widened to Tassu M. Degen (managing director and founder), David Noll and Sonia Pezzotta (asset management). It has a subsidiary, Dereco Capital Solutions, that advises clients on commercial real-estate financing.

Holdings & investments

INVESTMENT ARMS & VEHICLES

  • Dereco Capital Solutions
    Subsidiary advising clients on commercial real-estate financing

People

  • Sonia Pezzotta
    Managing director (asset management) · source
  • Tassu M. Degen
    Managing director (lead) and founder · source
  • David Noll
    Managing director (strategy) · source

Frequently asked questions

DERECO is a multi family office based in Cologne, Germany, founded in 1993.

DERECO invests directly in companies. Capital origin: client families' capital. Stated strategies include real estate.

DERECO invests in Real Estate & PropTech.

Key people at DERECO include Tassu M. Degen (Managing director (lead) and founder), David Noll (Managing director (strategy)) and Sonia Pezzotta (Managing director (asset management)).