Today alstria office REIT-AG placed 7,170,362 ordinary bearer shares with qualified investors as part of an accelerated bookbuilding process. The company increased its nominal share capital from €71,703,625 to €78,873,987, having...
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Thanks to an excellent business performance also maintained during the final quarter, Aareal Bank
significantly increased its 2011 financial year results over the previous year. Based on preliminary, unaudited figures, consolidated...
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TAG Immobilien AG has announced its preliminary, unaudited results for the 2011 fiscal year. TAG concluded the past business year and well exceeded its forecast earnings before taxes (EBT) of 50 to 60 million Euros. In fiscal 2011, the...
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D&R has acquired the property located at the Bahnhofsstrasse 8 in Hannover for Alri Vastgoed B.V.. The newly developed property, located in the main shopping area of Hannover, has a total size of 6,774 m². Anchor tenants are Esprit,...
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BAM Immobiliendienstleistungen GmbH, the BAM Deutschland subsidiary specialised in facility management, has acquired 75 percent of the share capital in MR Facility Services GmbH, based in Hallbergmoos near Munich.
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PwC AG (PricewaterhouseCoopers) has leased an additional two office floors with a total of approx. 2,800 m² of space in Tower 185. This means the amount of space leased out in this...
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At the beginning of January IVG Private Funds launched with the EuroSelect 21 Munich a new closed-end real estate fund. The new fund invests in Allianz’s largest German site in Unterföhring (Munich district), consisting of a central...
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The Pamera Real Estate Group has founded an advisory board, which will advise the group on strategic and specialised issues. The new advisory board will be an important body for the further development of the Pamera group. Regular and...
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Prices for owner occupied houses and condominiums in Germany continued to rise in the fourth quarter of 2011. During this period, the Price Index for Owner Occupied Housing published by the Association of German Pfandbrief Banks (vdp)...
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With effect from 1 February 2012, Volker Noack is responsible within the management team at Union Investment Real Estate GmbH, for asset management in Europe, France, the Americas...
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Crown Credit Services GmbH is moving from 55 Eschersheimer Landstrasse in Frankfurt to number 2 Grüneburgweg. On the advice of the Brokerage unit of NAI apollo group, this subsidiary of Crown Westfalen B.V., a member of the Forum...
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The supervisory board has appointed Mr. Christian Wolf, one of the two founders of Franconofurt AG to the executive board as of January 2012 where he will be executive board member together with current board member Mr. Metehan Sen.
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Hamborner REIT AG has again enjoyed a highly successful financial year. 2011 was largely defined by a clear implementation of strategy and further growth through attractive investments. This is also reflected in the improved results as...
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The investor consortium led by Patrizia Immobilien AG has won the competitive bidding process for the acquisition of LBBW Immobilien GmbH. Today, LBBW’s Supervisory Board approved the respective decision of LBBW’s Board of Directors....
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The Cologne-based private bank Sal. Oppenheim is expanding its regional commitment in northwest Germany. Since January 2012, a team led by Marlies Brune (53) is strengthening the support for wealthy private clients in Bremen and Lower...
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With effect from 1 February, the management team at real estate investment manager Union Investment Institutional Property GmbH has been extended, with Bernhard Kraus assuming...
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Panattoni Europe has commenced operations on a new 12.400 square meter warehouse facility for Rudolph Logistik Group. The project is being developed as part of the joint venture between Panattoni Europe and Pramerica Real Estate...
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Real I.S. was by far the biggest provider of closed-end funds for foreign real estate, reporting more than 220 million Euros in placed equity. This is the upshot of the figures published by the VGF German closed-end fund association on...
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