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Economy & Financial

The Grounds confirms forecast in difficult market environment

The market situation is difficult, and this is also reflected in the half-year figures of The Grounds Real Estate Development AG. The group achieved sales revenues totalling €16.2 million in the first half-year of 2023 (H1 2022: €21.4 million). The group loss amounts €1.1 million.
Friday, 22. September 2023

Aukera refinances student housing project in Tilburg

Aukera Real Estate AG has concluded a senior secured financing for a property in the Netherlands. After refinancing a Dutch portfolio of more than 65 properties just a few weeks ago , the Aukera Real Estate Debt Lux. fund, structured as a Luxembourg S.C.A. SICAV RAIF, this time refinanced a development near completion with 53...
Thursday, 21. September 2023

Neinver appoints José María Escobar as new Technical Director

Neinver has appointed José María Escobar as new Technical Director, reporting directly to Eduardo Ceballos, the Group's Director of Asset Management. In his new position, Escobar will be responsible for overseeing all technical activity related to new developments, extensions and refurbishments of the assets that the Spanish ...
Wednesday, 20. September 2023

Berlin Hyp extends CEO Sascha Klaus’ contract

Sascha Klaus will remain Chair of the Board of Management of Berlin Hyp. The Supervisory Board of the real estate financier yesterday approved an early extension of Sascha Klaus’ appointment as Chair of the Board of Management for a further five years until the end of August 2029.
Friday, 15. September 2023