Ronald Hetzke and the late Hanno Schnörr founded hp developments in 2001. Each had over 25 years of professional experience in the real estate business, including 20 years working with hotels. Before founding hp developments, both Ronald Hetzke and Hanno Schnörr held top positions at other companies: the German firm Advanta Management AG and the Canadian TrizecHahn Corporation. Ronald Hetzke assumed sole leadership of the company following the death of Hanno Schnörr.

Focusing on the core areas of hotels and top-tier office buildings, hp developments offers a full range of project management and development services.