About


We shape our buildings; thereafter they shape us.

Sir Winston Churchill

Fiduciary Capital is a real estate development and investment group based in and focused on Munich, the third largest European office market after London and Paris, and the Munich metro region with a population of 6 million.

Fiduciary Capital is currently developing approx. 200.000 m² in the City of Munich. Prior to that Fiduciary Capital or Mr. Gerlich have developed or refurbished approx. 100.000 m² in the City of Munich and an additional approx. 200.000 m² in other major German cities.

Michael A. Gerlich is responsible for all aspects of the group and is supported by a well attuned, experienced interdisciplinary team of real estate specialists, engineers and architects.