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Residential

K-Fastigheter hires Niclas Bagler as Deputy CEO

K-Fast Holding AB hires Niclas Bagler to be responsible for the new business segment Construction. Construction contains the business areas Project Development, Prefab and Building. He will assume his position as Deputy CEO of the Group with responsibility for Construction on June 1st, 2024, and will from the same date become...
Tuesday, 30. April 2024

Altera and BAM Wonen finalise modernisation work in Sassenheim

Recently, Altera Vastgoed took delivery of the properties built in the 1980s in Sassenheim from BAM Wonen following eco-friendly home upgrades. Making these properties more sustainable is in line with Altera's ambition to make its portfolio Paris Proof by 2040 at the latest.
Monday, 29. April 2024

JTRE enters German market with acquisition in Berlin

Following its successful and award-winning first projects in London, J&T Real Estate (JTRE) is strengthening its strategic position as an international developer. The first project of JTRE's newly established German branch will be Nordhafen Living & Office in an attractive central location in Berlin.
Friday, 26. April 2024

Adler Group with robust operational performance in 2023

Adler Group S.A. closed the financial year 2023 with a loss from operating activities of €1.464 bn (previous year: €1.272bn), partly due to write-downs. This was announced by Adler today. In addition, there was a negative financial result of €497m.
Thursday, 25. April 2024

RQI buys seed investment in Wiesbaden

RQI Immobilien AG has acquired its first property complex for its „redevelop-to-core“ strategy with a total investment cost of €6 million. These are two residential buildings in the Westend district of Wiesbaden. The vendor is the subsidiary of a German insurance company. The adjoining four-storey properties with 22 residenti...
Thursday, 25. April 2024

Marstead Living secures £260m debt finance from Federated Hermes

Marstead Living has successfully obtained mortgage finance from Federated Hermes Private Credit. This funding, has enabled the purchase of an 18-acre site in Mill Hill, located in the Borough of Barnet, London. The project, named Marstead Mill, is set to be a pioneering retirement village valued at over £260 million.
Thursday, 25. April 2024

TAG's decarbonisation strategy progresses

TAG's decarbonisation strategy progresses with targeted investments in the German portfolio. The CO2 intensity in the German portfolio was further reduced through investments in building and heating refurbishment – around 62% of the portfolio is energy efficiency class C or better.
Thursday, 25. April 2024

The Grounds sold all units in its Berlin Maggie-project

The Grounds Real Estate Development AG has sold all the residential units in its re-densification project on Margaretenstrasse in Berlin-Lichtenberg. A total of 27 new owner-occupied apartments will be created on the plot in Weitlingkiez, which the company acquired in summer 2022. Construction work is scheduled for completion...
Wednesday, 24. April 2024

Allsop sees signs of growing confidence in market

Allsop has raised £43 million through the sale of 146 lots at its April residential auction, representing a success rate of 90%, as the firm sees appetite for income-producing and value-add opportunities demonstrate growing confidence in the property market.
Wednesday, 24. April 2024

Scottish National Investment Bank invests £20m to ease housing crisis

The Scottish National Investment Bank has committed a further £20 million to the Mid-Market Rent („MMR“) strategy managed by Thriving Investments, the social value and ESG-focused real estate fund manager. The Bank's follow-on investment will support the development of up to 100 new homes and takes its total investment in the...
Tuesday, 23. April 2024

French CDC acquires stake in Covivio residential portfolio in Berlin

CDC Investissement Immobilier secures a stake in the Covivio portfolio in the centre of Berlin. The French company is buying a 49% stake (39% from Covivio Immobilien, a 61.7% subsidiary of Covivio, and 10% from Covivio) in the portfolio on behalf of Caisse des Dépôts. Closing expected in second quarter 2024.
Tuesday, 23. April 2024