Deutsche EuroShop raised guidance by 4%

The shopping center investor Deutsche EuroShop has published its interim report for the first quarter of 2012 and increased its EBT and FFO guidance for the full year about 4 %. In the first three months revenue was € 51.9 million, 17%... more...

Tuesday, 15. May 2012

Youniq publishes financial figures for the first quarter

Youniq AG enjoyed positive business development in the first quarter 2012, which is reflected in income and earnings performance. Earnings from the fair-value measurement of the investment properties increased significantly to just... more...

Tuesday, 15. May 2012

Sanofi extends lease at Sony Center Berlin

Sanofi, one of the world’s leading pharmaceutical companies, extended its lease agreement, which originally had a term until the end of 2014, with the Sony Center. Sanofi employs 1,370 workers in its marketing and distribution center and... more...

Tuesday, 15. May 2012

P3 Bedburg Park - Photo: P3 Bedburg Park

PointPark Properties leased out more than 95,000 sq m

PointPark Properties (P3) is building on its successes from the turn of the year. In Germany, the Netherlands and Spain, the P3 German team leased out more than 95,000 sq m of... more...

Monday, 14. May 2012

Invesco Real Estate buys swedish retail park for German fund

Invesco Real Estate has acquired Barkarby Retail Park 4:7 near Stockholm for about 63 million Euros on behalf of the iii-BVK Europa-Immobilien-Spezialfonds , an institutional real estate fund of Bayerische Versorgungskammer (BVK), which... more...

Monday, 14. May 2012

City Green Court Prague - Photo: City Green Court Prague

GlaxoSmithKline is moving to office building in Prague 4

Pharmaceutical company GlaxoSmithKline has become a new tenant in the office building – City Green Court in Prague 4 Pankrác. GSK will occupy 2,000 sq m (an entire floor) as of... more...

Monday, 14. May 2012

Prague office market – green leader & solid leasing performance

At the end of Q1 2012 the A and B class office stock in Prague totalled 2,814,000 sq m, which means that the Prague office market is – after Warsaw and Budapest – the third largest one in CEE. In the first quarter 2012 there were two... more...

Monday, 14. May 2012

Dirk Schmitz joins Cushman & Wakefield‘s Investment department

Dirk Schmitz, 48, joined the Frankfurt investment department of Cushman & Wakefield as an Associate at the beginning of May. He brings over 20 years of professional experience in the real estate sector and will focus on advising... more...

Monday, 14. May 2012

Deutsche Wohnen completes first quarter of 2012 successfully

In the first quarter of 2012 Deutsche Wohnen posted a consolidated Group profit of € 14.4 million, increasing its result in comparison to the previous year (€ 8.5 million) by around 70%. more...

Monday, 14. May 2012

German open-ended real estate funds: index dip caused by special item

German open-ended real estate funds returned -0.5% in April, having returned 0.0% in March. While German-focused fund performance remained positive at 0.1%, globally-focused funds produced a negative return of -0.2%, and funds with a... more...

Monday, 14. May 2012

Trianon, Frankfurt, Büro, Hessen, Germany, LEED - Photo: Trianon, Frankfurt, Büro, Hessen, Germany, LEED

Trianon received LEED gold certificate

The Trianon in Frankfurt has undergone certification under the LEED guidelines and has been awarded a gold certificate. This makes the office high rise on Mainzer Landstraße 16 one of the first existing properties in Germany to own an LEED... more...

Saturday, 12. May 2012

German office market nearly balanced

The results of the German Office Rent Reversion Index (DMX), annually published by IPD and by alstria office REIT-AG, show a very low rent reversion for the reporting year to May 2012. After the strong result of 3.9% in the last... more...

Friday, 11. May 2012

Concept Tower first building with LEED and BREEAM ratings

Concept Development BSD 2 LLC has committed to certify its new investment in Warsaw, Concept Tower, under both LEED and BREEAM ratings. The certification processes will be managed by the sustainability accredited professionals of Jones... more...

Friday, 11. May 2012

KWG Kommunale Wohnen AG records significant growth

KWG Kommunale Wohnen AG records a successful start into the current fiscal year. The Q1 2012 net result improved vs. last year's net result by 11.3 % to € 0.3 million. At the same time Earnings before Interest and Taxes (EBIT)... more...

Friday, 11. May 2012

WRF issued data on Warsaw office market

The Warsaw Research Forum WRF has published data regarding the Warsaw office market in Q1 2012. The market data prepared by the team focuses on: the size of modern office stock, completions of new buildings, take-up and vacancy rates.... more...

Friday, 11. May 2012

What to expect on the Croatian construction market until 2014

According to the latest research report of Buildecon, the construction industry in Croatia has registered a massive slump from the sky-high levels of 2008; practically all subsectors have shrunk to half of their peak size. Total... more...

Friday, 11. May 2012

Hamborner presents positive operating performance

Hamborner REIT AG has enjoyed a successful start to operations in the 2012 financial year. Rental and leasing income for the first three months rose by around 27% on the previous year's level to a total of approximately €9.0 million.... more...

Thursday, 10. May 2012

Bilfinger Berger confirms positive outlook for 2012

Bilfinger Berger presents today its report on business development in the first quarter of 2012 at the Annual General Meeting in Mannheim. The Group had a solid start in the new financial year: output volume increased by 6 percent to... more...

Thursday, 10. May 2012

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