DIC Asset expands its management board

The Supervisory Board of Frankfurt-based DIC Asset AG has just decided to reshuffle its senior executive body: Sonja Wärntges (45) has been appointed to the Management Board as at 01 June 2013. She will assume the role of CFO, as the... more...

Wednesday, 8. May 2013

KWG shows successful Q1 2013

KWG Kommunale Wohnen AG looks back on a very successful first quarter 2013. more...

Wednesday, 8. May 2013

IVG closes first quarter of 2013 with consolidated net loss of €45.1 million

IVG Immobilien AG has finished the first quarter of 2013 with a consolidated net loss of €45.1 million after a loss of €75.7 million in the fourth quarter of 2012. Revenues declined by €31.0 million as against the previous quarter... more...

Wednesday, 8. May 2013

Prime Office REIT-AG plans merger with German Acorn

The boards of Prime Office REIT-AG and OCM German Real Estate Holding AG (German Acorn) have started talks on a potential merger of both companies to create a listed combined company. Should the talks progress positively, the companies... more...

Wednesday, 8. May 2013

TAG Immobilien AG reports strong operating result

For TAG Immobilien AG, the first quarter of 2013 was dominated by the integration and consolidation of TAG Wohnen (formerly TLG Wohnen GmbH). The operating profitability of the Group's overall portfolio with around 70,000 units is now... more...

Wednesday, 8. May 2013

Flughafen Berlin Brandenburg appoints Heike Fölster as CFO

Today the supervisory board has appointed Heike Fölster (52) as Chief Financial Officer of Flughafen Berlin Brandenburg GmbH, the operating company of Berlin’s airports. The appointment complements the company’s management board. In... more...

Wednesday, 8. May 2013

alstria increases revenues

In the first three months of 2013, alstria's revenues increased by 11.4% year-on-year to €26.3 m, due to organic growth on the one hand and acquisition-related effects on the other hand. The funds from operations (FFO) improved... more...

Tuesday, 7. May 2013

Patrizia remains on upward trend

Patrizia Immobilien AG has continued its development into Europe’s leading fully integrated real-estate investment company. In the first quarter, net profit after taxes rose by 62.5% to €5.2 million (Q1 2012: €3.2 million).... more...

Tuesday, 7. May 2013

Munich's hotel market develops positively

Munich's hotel market continued to develop positively last year. The number of arrivals rose in 2012 to approximately 6.1 million (+3.4 % year-on-year) and overnights rose to a total of around 12.4 million (+5.4 %). Some 5.6 million... more...

Tuesday, 7. May 2013

AXA Real Estate appoints new German Head of Investor Relations

AXA Real Estate Investment Managers announces that it has appointed Michael Husung as German Head of Investor Relations. more...

Tuesday, 7. May 2013

Staufen-Galerie - Photo: Staufen-Galerie

Staufen Galerie Göppingen: Winner of facade competition announced

Together with representatives of the town of Göppingen, the developers of the shopping center in Bleichstraße, the investor group of the Berlin-based Acrest Property Group and of... more...

Tuesday, 7. May 2013

Aareal Bank Group posts a successful start to the 2013 financial year

Aareal Bank Group had a successful start into the 2013 financial year, performing very well in a slightly improved - yet still challenging - market environment. At €47 million, consolidated operating profit generated in the first... more...

Tuesday, 7. May 2013

Sustainability an integral part of the operative day-to-day business

The sustainability drive in Europe’s real estate economy has become firmly embedded in the operative day-to-day business of corporates. This is the upshot of a survey that IVG recently conducted among 176 real estate companies... more...

Monday, 6. May 2013

Sascha Reuter joins Nai apollo´s investment team

NAI apollo continued its expansion and appointed Sascha Reuter (39) to its investment team. Since the start of May 2013, he has been enhancing the 10-strong investment team as Senior Consultant Investment. more...

Monday, 6. May 2013

Exchange rates have major Influence on investment performance

Real estate investments in the Scandinavian countries of Denmark, Finland, Norway and Sweden have a very stable value when carried out in euros or the local currency. In comparison, investments in British pounds or US dollars are more... more...

Monday, 6. May 2013

KWG with profitable sale from Portfolio

KWG Kommunale Wohnen AG sells 160 of its apartments in Wolfsburg. The price realised for the portfolio of around 9.400 sq m of residential letting space amounts to €9.2 mn and thus is approx. 4.5 million higher than the price KWG paid... more...

Monday, 6. May 2013

Corestate closes €290 million of german stressed property acquisitions

Corestate announces it has acquired a German mixed-use commercial and residential portfolio with a market value of €290 million/CHF355m out of a special situation. more...

Monday, 6. May 2013

Löwenkontor Building, Berlin Mitte, Büro, Office - Photo: Löwenkontor Building, Berlin Mitte, Büro, Office

Valad Europe trades Berlin city centre office

Valad Europe has sold Löwenkontor Building, Beuthstraße 6-8 / Seydelstraße 2-5, Spittelmarkt in Berlin Mitte, to Dundee International REIT, the Canadian real estate investment trust. more...

Thursday, 2. May 2013

DIC Asset expands its management board

KWG shows successful Q1 2013

IVG closes first quarter of 2013 with consolidated net loss of €45.1 million

Prime Office REIT-AG plans merger with German Acorn

TAG Immobilien AG reports strong operating result

Flughafen Berlin Brandenburg appoints Heike Fölster as CFO

alstria increases revenues

Patrizia remains on upward trend

Munich's hotel market develops positively

AXA Real Estate appoints new German Head of Investor Relations

Staufen Galerie Göppingen: Winner of facade competition announced

Aareal Bank Group posts a successful start to the 2013 financial year

Sustainability an integral part of the operative day-to-day business

Sascha Reuter joins Nai apollo´s investment team

Exchange rates have major Influence on investment performance

KWG with profitable sale from Portfolio

Corestate closes €290 million of german stressed property acquisitions

Valad Europe trades Berlin city centre office

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