BitStone Capital and AC+X Strategic Investments jointly invest in BRICKSPACES to capitalize on the growing short-term rental market for retail and event spaces in Germany.

Target Information

BitStone Capital and AC+X Strategic Investments GmbH have announced a joint investment in BRICKSPACES, a Düsseldorf-based start-up. This marks BitStone's third investment to date, in collaboration with AC+X Strategic Investments GmbH, which is the investment company of AACHENER Grundvermögen Kapitalverwaltungsgesellschaft mbh based in Cologne. The new shareholders not only provide BRICKSPACES with much-needed capital but also offer valuable expertise and an extensive network.

BRICKSPACES specializes in the short-term rental of retail and event spaces, addressing the evolving demands of Germany's pedestrian zones and contemporary customer preferences. This investment is expected to drive growth and enhance the company’s positioning in a highly dynamic market, characterized by a rise in businesses adopting unique marketing and branding strategies through pop-up concepts.

Industry Overview in Germany

The retail sector in Germany is undergoing significant transformation, particularly in urban centers, where changing consumer habits are driving demand for innovative marketing strategies. The trend towards pop-up retail has