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Economy & Financial

CBRE IM appoints Sebastian Ehrhardt Country Manager Germany

CBRE Investment Management has appointed Sebastian Ehrhardt as the Country Manager for Germany, assuming the Country Manager role from Marius Schöner who held the dual position of Country Manager and Head of the EMEA Residential Operator Division.
Friday, 1. March 2024

Patrizia proposes sixth consecutive increase in dividends

Patrizia has published preliminary, unaudited financial results for FY 2023. The Company successfully diversified its investment platform and delivered further organic growth in assets under management (AUM) through strategic investments. Recurring management fees continued to grow in line with strategy, while transaction fee...
Thursday, 29. February 2024

Aareal's active risk management pays off in 2023

Following the 2023 financial year, which featured strong income growth, investments and an active risk management, Aareal Bank Group anticipates a significant increase in earnings for the current year. Consolidated operating profit is projected to rise to between €300 million and €350 million in 2024, even though the Bank ant...
Thursday, 29. February 2024

QSix appoints Christian Daumann as CEO Germany

QSix has appointed Christian Daumann as Chief Executive Officer of its German operations with effect from 1 March 2024. Christian will succeed Jörg Schwagenscheidt, who has been CEO since 2015. Joerg will remain a partner of the group, focussing on QSix Germany's strategic initiatives and leveraging his extensive experience, ...
Thursday, 29. February 2024

HIH Invest increases AuM beyond €22 bn in 2023

HIH Invest Real Estate has continued its growth trajectory even in the currently challenging market environment. The investment manager’s assets under management (AuM) increased by c. 3.4 billion euros to c. 22.3 billion euros, and the number of its institutional accounts from 261 to 278. The real estate fund business grew by...
Wednesday, 28. February 2024

Colliers expands profile in Andalusia by opening Marbella office

Colliers has expanded its profile in Andalusia and the Costa del Sol by opening a Marbella office. This expansion reflects the company's growth strategy in the luxury residential market, reinforcing its business leadership in high-end residential and Branded Residences commercialisation, and in response to growing market demand.
Wednesday, 28. February 2024

GTC unveils changes to shopping centre and office asset management

In a move to elevate customer experiences and operational efficiency, GTC appoints two dynamic leaders to helm its premier shopping destinations in Poland. Anna Borecka, a seasoned veteran with nearly 15 years of retail expertise, assumes the prestigious role of Director at Galeria Jurajska. Meanwhile, Marek Ciszewski, a visi...
Friday, 23. February 2024

GLP Clean Energy signs PPA with Fastned at G-Park Zevenaar

Following the completion of G-Park Zevenaar, GLP has signed a Power Purchase Agreement (PPA) at the site. The agreement, with Fastned was managed through leading independent energy operator Scholt Energy. Under the terms of the agreement, Fastned will use all renewable electricity produced by this installation for its fast ch...
Friday, 23. February 2024