History

Residence Concept S.A. Real Estate Development was founded in June 2015 by Daniel Debras.

He was born in 1962 and is a Luxembourg national.

Daniel Debras is a qualified civil engineer, having studied at the Institut Supérieur de Technologie (I.S.T.) in Luxembourg and at RWTH Aachen University in Germany, and is a Member of the Royal Institution of Chartered Surveyors (MRICS).

Before setting up his company, Daniel Debras worked from 1989 for HOCHTIEF and then for formart.

From the end of 2000 until September 2014 he was CEO and a member of the administrative board of Hochtief Luxembourg S.A. (HT-Lux S.A.),
a 100% subsidiary of HOCHTIEF AG.

In October 2014 Hochtief Luxembourg S.A. was renamed formart Luxembourg S.A. By the end of June 2015 Daniel Debras was performing the same brief at formart Luxembourg S.A., a 100% subsidiary of formart GmbH & Co. KG.

formart GmbH & Co. KG has annual sales of approximately 1000 apartments/sales revenue of € 300 million and is therefore one of the largest residential construction developers in Germany.

Under his direction well-known projects were realised for public and private clients in Luxembourg. As well as continuing the property development of office real estate, from 2003 Daniel Debras introduced and consistently developed projects in the residential construction sector.

Under his influence Hochtief Luxembourg S.A. gradually transformed from a general contractor into a leading property developer focussing on apartment construction. In all, during this period around 350 apartments were completed and the company successfully established itself in the Luxembourg market as a specialised provider of high-quality residential units.

Daniel Debras has been able to recruit several long standing employees from formart Luxembourg S.A. for his new team. This means Residence Concept S.A. can tap into over 120 years of professional experience and expertise in property development.