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%.
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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...
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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...
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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...
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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)...
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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....
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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...
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For TAG Immobilien AG, the first quarter of 2012 was dominated by the acquisition and first-time consolidation of DKB Immobilien AG. At the end of the quarter this led to a step-change in the accounts of TAG which will be significantly...
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Allianz Real Estate Germany GmbH has continued its investment in central Berlin. The purchase of Markgrafenpark ensemble – an office complex comprising eight buildings near Friedrichstrasse in central Berlin – was finalized last week....
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Since the end of 2011, IVG has concluded ten new leases for a total of 6,500 sqm of rental space in The Squaire project at Frankfurt Airport. Its occupancy rate has therefore risen to around 85%. The new tenants include the logistics...
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The forwarding company Spedition Hertling has leased around 1,400 sqm of warehouse space in Frankfurt's Pega-Park. This family enterprise, founded almost 150 years ago in Berlin, will use the extra space for archive storage. The...
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With its resolution announced today, the German Federal Supreme Court BGH rejected IVG’s appeal against non-admission pertaining to a decision by the Cologne Higher Regional Court. This means the Cologne Higher Regional Court’s...
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Alstria office REIT-AG announces its result for the first three months of 2012. In the first three months of 2012, alstria’s revenues increased by 10.7% year-on-year to € 23.6 m, mainly as a result of the acquisition of real estate...
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The Irish Ballymore Group has big plans for Berlins Kurfürstendamm. On an area of 20.000 m² the project developer wants to invest €500 Mio and redevelop the Kudamm-Karree in the Charlottenburg district. The plan will include 21.000...
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Investors decided together with the fund management about the future of SEB ImmoInvest. Many of the investors asked for a re-opening and continuation of the fund. The announced amendment of the fund rules in line with the German...
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The anonymous and limited-entry architect competition around what was originally the Royal Railways headquarters (Königliche Eisenbahndirektion Cöln) on Konrad-Adenauer-Ufer in...
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Targareal Consulting GmbH has agreed with Edeka Handelsgesellschaft Südwest GmbH the early renewal of the lease for the food store in Karlsruhe’s Weiherhof Center until October 2024.
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Today Berlin Hyp concluded the tendering process to buy back public-sector Pfandbriefe by setting the purchase price. Overall, investors offered 991,705,000 euros of holdings which met the bank’s own target. Berlin Hyp accepted all...
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