News / Press

November / December 2020

Auron Capital GmbH is formed between the partners Finest Real Estate AG, AC Massivbau GmbH and OmegaGroup. The team will further focus on the mutual development of residential projects and is currently evaluating four ventures for an investment.

A residential land property is acquired by the Auron team by notary contract outside of Stuttgart. The planning will commence, while the city will retain the operations of their KITAs on site during the design and evaluation phase 1-4.

The building permit is issued for a 200+ commercial apartment project outside of Stuttgart.

Overall, this year has been challenging for the Omega team, as it has been for several business associates. The lack of positive cash-flow in 2020 has been challenging and we hope for a successful 2021 for everyone.

October 2020

Under the title “Bauherrengemeinschaft”, planning by LAVA is presented and an offer is made to purchase land for development outside of Stuttgart. The current development calls for 52 apartments in the city center.

September 2020

Further changes are manifested due to the ongoing Pandemic. The Omega team is now focusing on the development of residential projects.

June 2020

Despite ongoing restrictions, the AAC team continues to evaluate medical bills.

April 2020

Given the global pandemic crisis and resulting travel restrictions, international projects have been postponed until such a time that sustainable development can be guaranteed. This includes the KSA online shopping project, the hotel development in Morocco, or wind energy projects in Europe.

Corona measures are taken by the team and business operations are slowed.

February 2020

The holding company of MIBRAR in Innsbruck, Austria is notarized and patents transferred.

Omega SmartBuild will be officially closed.

January 2020

Phase 1 of the initial market entry (online shopping) has been completed in Saudi Arabia.

The Leonberg property has now been planned to 201 apartments, as well as a KITA within the premises.

October 2019

A new GCC Government has signed an Agreement with AAC to provide reclaim services.

September 2019

The property in Leonberg is sold to an investor. OmegaGroup and its partner Finest Real Estate Investment remain in an advisory position.

May 2019

OmegaGroup and Finest Real Estate Investment sign a purchase agreement for a boarding house property in Leonberg.

April 2019

OmegaGroup and Elaph sign a MOU with a large German online retailer to distribute high quality fashionable products in GCC countries, with Saudi Arabia being the first market.

February 2019

A MOU regarding the MIBRAR medical method is signed, with the goal of establishing MIBRAR internationally and to form a mutual medical company.

December 2018

A hotel with a premier German operator will open on the Marrakesh premises. Building permits have been applied for. The start of construction is expected to take place in 2021.

March 2017

AAC Diplomatic signs an agreement with UMG (United Kingdom and Saudi Arabia) to support medical billing claims for Libyan patients in Germany.

February 2017

OmegaGroup secures international market rights for a leading manufacturer of sterile medical products from Southeast Asia.

OmegaGroup secures rights for the European market for a leading Asian health supplement.

OmegaGroup partner Commercium Group enters into a strategic alliance agreement with H-Source, the leading B2B medical transaction platform.

OmegaGroup and its partner German Canadian Trade Alliance visited the Government in Ottawa to discuss and initiate a new platform for medium sized companies in the automotive industry. Part of the delegation included leading companies from the automotive and IT space.  "Twitter Message 2017-02-15.pdf"

January 2017

OmegaGroup joins forces with a leading hospital management group from Singapore to pursue hospital management and optimization in the GCC region, with a focus on Saudi Arabia.

OmegaGroup Middle East signs a strategic distribution agreement for Canada and Southeast Asia with a German top-three tier pharmaceutical supply company.

December 2016

OmegaGroup Middle East secures exclusive rights to deliver market-entry services for a leading German medical generics group.

November 2016

NEK Capital signs a notary agreement for ownership in the development of 10 highway rest stops in cooperation with and funding from two family offices and a German institutional investment group. The newly designed concept will include gas stations, restaurants, food outlets, shopping, physio, budget hotels and truck parking to service the large demand for managed HGV (Heavy Goods Vehicle) space in Germany.

October 2016

OmegaGroup and Commercium Group attend the Dubai Investment Forum under the patronage of His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince and Chairman of the Executive Council of Dubai. This was the second visit in a row to expand mutual activities vis-à-vis the United Arab Emirates.

September 2016

NEK Capital and Maximilian Real Estate establish the SPV company Castello Quartier to pursue the planning and development of approximately 150,000 square meters of built up space in Southern Germany. The initial master plan contains hotels, parking, retail, fitness, child care, town hall and conference center, as well as young living residences.

June 2016

OmegaGroup Middle East expands its activities in the field of medical billing and med tech market entry services. Via a cross-border cooperation with Commercium Group in Canada, Sogomo in Singapore and several strategic partners in the GCC, Omega aims to increase the supply of generics into these regions.

March 2016

OmegaGroup partner Commercium Group signs a MOU to take over a Canadian gold mine operation. The royalty structure is set to revive the operational business of the mine, which is one of the largest claims in Western Canada.

February 2016

Riyadh, Saudi Arabia: OmegaGroup Middle East and its Saudi partner sign to invest in a German medical billing company with a focus of growing the group into a full-service organization for GCC medical billing.

December 2015

Feldberg Parking Garage:  "Press_Badische_Zeitung_Opening_Ceremony_December 2015.pdf"

November 2015

NEK Capital receives a soft commitment for €121 million in equity for its refugee projects from a large Canadian institutional investor. The funds are to act as the equity portion for investments in sustainable refugee housing projects in Germany.

NEK officially launches its “future bridge – zukunftsbruecke” project in Stuttgart, joined by partners Fraunhofer IAO, Klinikum Stuttgart and Deutsche R&S.

October 2015

OmegaGroup attends at Dubai Investment Forum by invitation of the Dubai Government.

June 2015 - NEK

Nanz, ETC Management and OmegaGroup form a new joint venture to develop projects under the brand of NEK Capital.

March 2015

Feldberg Parking Garage: "Press_ Badische_Zeitung_Groundbreaking_Ceremony_March_2015.pdf"

Milestone:  Omega enters into a strategic MOU with renowned operator "Milestone" for student housing in cooperation with two strategic development partners.

November 2014 - Commercium Group

Omega ME joins with partners in Canada to form Commercium Group Ltd., headquartered in Toronto, Canada.

October 2014 - TorreOmega

Omega and Thurn & Taxis enter into a MOU to jointly expand operations for hotel developments and affordable housing in the GCC under the working title of TorreOmega.

September 2014 - LGSF South Africa

Pilot project for LGSF with cellular concrete is initiated successfully by Dover Vantage in South Africa.

July 2014 - Saudi Arabia

Omega enters into a MOU for entering the Saudi market with fast-build technologies and technology transfer.

June 2014 - Feldberg Parking Garage

Omega obtains the building permit for the Feldberg Project.


May 2014 - Brazil

Omega moves forward with planning a factory for SmartBoard production in Brazil in cooperation with its partner W&A.

April 2014 - Mozambique

Omega’s partner "Dover" enters into a strategic relationship in order to expand in Mozambique.

June 2013 - Brazil

OMEGA signs MOU with Braus to cooperate in the production of SmartBoards in Brazil.

May 2013 - Canada

OMEGA signs MOU with an established Canadian construction company to support the established project pipeline with SmartBuild technology.

April 2013 - Canada

OMEGA signs MOU to enter the Canadian market with a focus on remote extreme climate housing, camp development and sustainable technology transfer.

March 2013 Ethiopia

Minister and Parliament approve JV with Omega SmartBuild for fast-build construction.

October 2012 Saudi Arabia

OMEGA signs a Teaming Agreement to provide new sustainable building technologies to the Saudi market.

March 2012 Brazil

OMEGA laid the groundwork for establishing a SmartBoard production facility in Rio Grande do Norte, Brazil. The management is working on the certification process of the technology and will initiate factory floor development upon being granted approval.


September 2011

Acquisition of Parkhäuser Villingen-Schwenningen GmbH from Stadwerke Villingen-Schwenningen GmbH.

August 2011

Omega and Immobilien-und Fonds–Management Faubourg agree to pursue four parking garage projects in Prague, Czech Republic.

Mongolia: Omega initiates a new test phase at the GtZ Ecocity site in Ulaanbaatar.
Uganda: Phase 1 of European Village Kagungulu is completed and ready for sale.

June 2011 - Mongolia

Testing of Mongolian extreme climate house has successfully been completed. New technology systems are now expected to demonstrate a U-value of .19 in the next phase to be completed in October 2011.

April 2011 - EZW at Hannover Messe


March 2011 - Uganda

The first plots are completed by SmartBuild East Africa.



January 2011 - Mongolia

Test house was constructed at a temperature of minus 39 °C.

February 2010

Omega and EZW (Economic Zones World, Government of Dubai) sign an exclusive representation / agency contract for Germany. Omega is appointed to represent EZW’s economic affairs in the representation region and will assist in helping German companies establish in Dubai.

January 2009

Omega, LBBW Immobilien Capital and Kempinski Hotels sign a general agreement for cooperation.

December 2008 Industrieanzeiger


October 2008

Omega signs a declaration of intent with LBBW Immobilien Capital and Ontwikkelingscombinatie Overhoeks (ING Real Estate) to mutually pursue a hotel project in Amsterdam, Holland. The project will boast a 110 meter tower in the center of Amsterdam and house a 5-star hotel.

Omega, LBBW Immobilien Capital and Skytower BV sign a letter to realize an entertainment complex in Amsterdam.

August 2008 - Dubai Magazine


September 2007

Omega, LBBW Immobilien and Hochtief FM draft their cooperation to pursue 5-star hotel projects in Western Europe.

July 2007

Omega initiates a 5-star hotel property at Zurich Airport, Glattpark. After receiving a qualified LOI from an internationl operator, Omega and its partner LBBW Immobilien Capital are pursuing this project in cooperation with Implenia from Switzerland.

March 2007

Omega, AZA Trade (a real estate arm of Alliance Oil) and LBBW Immobilien agree to mutually develop an area in possession of AZA at the Prague Ruzyne Airport.