INTREAL closed the 2025 financial year with significant growth and successfully completed its
strategic development into an international administration platform for real assets.
As of 31 December 2025, INTREAL’s assets under administration (AuA) totalled EUR 90.1 billion.
The company reports the Group’s entire AuA on a consolidated basis, including all subsidiaries.
At the end of the third quarter of 2025, the Group’s AuA had amounted to EUR 86.6 billion.
INTREAL therefore continued its growth trajectory in the final quarter of 2025, surpassing the
EUR 90 billion mark in administered assets for the first time.
Strong Growth in Fund Services
Growth in AuA related to back-office services within the fund services segment was particularly
dynamic over the past year. In the fourth quarter alone, administered volume increased by 5.4%
to EUR 52.3 billion (30 September 2025: EUR 49.6 billion).
Despite the continued challenging market environment, INTREAL also saw noticeable
momentum in its core business – the structuring and administration of funds in Germany and
Luxembourg. In this area, AuA rose by approximately 2% quarter-on-quarter to EUR 37.7 billion
(30 September 2025: EUR 37.0 billion).
“The 2025 financial statements underscore the successful expansion of our Group and the
continued development of our service portfolio. With our comprehensive offering we are meeting
the current needs of the industry: we assume full responsibility for administrative services in both
regulated and unregulated environments, allowing our clients to maintain a clear focus on their
core business. In this way, we provide a solid foundation for our clients’ success,” says Andreas
Ertle, Managing Director of INTREAL.
“What is new is that, under the INTREAL umbrella brand, we are now consolidating all our
services for the first time. This highlights transparently what we have long represented: an
independent, internationally positioned administration platform for real assets.”
Significant Growth in Funds, Properties and Employees
As of 31 December 2025, INTREAL administered 395 funds (30 September 2025: 381 funds).
The number of fund partners increased to 73 (30 September 2025: 72). At asset level, growth
was particularly pronounced: the number of administered properties rose to 3,612 (30 September
2025: 3,511). At the same time, the Group continued to expand its workforce. At year-end,
INTREAL employed 562 staff (30 September 2025: 555) across its offices in Hamburg, Frankfurt
and Luxembourg.
Camille Dufieux, Managing Director of INTREAL, comments: “The real assets market remains
challenging: continued investor caution, rising cost pressures and weak domestic economic
growth in Germany are creating structural challenges for market participants. It is precisely in this
environment that the strength of our platform model becomes evident, offering stability, scalability
and integrated digital solutions from a single source.”