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» Chronological View: " Economy & Financial " «

Principal appoints Philipp Bach as Senior Transactions Manager

Philipp Bach is joining Principal Real Estate Europe's Frankfurt team as Senior Transactions Manager, with immediate effect. In this new position, he will be primarily responsible for transactions in the healthcare and social property sector. He reports directly to Ole Sichter, Head of Transactions Germany at Principal Real E...
Thursday, 21. February 2019

Pbb provides €39m for Vienna office deal

Pbb Deutsche Pfandbriefbank has provided a credit facility of approximately €39m for the acquisition of a Class-A office property in Vienna to a fund managed by Inmark Asset Management on behalf of various South Korean investors and with Rock Capital as the local asset manager. Pbb acted as arranger and sole lender under the...
Thursday, 21. February 2019

Tattersall Lorenz appoints Daniela Tanski to head of Southern branch

Tattersall Lorenz Immobilienverwaltung und -management GmbH has promoted Daniela Tanski (38) to Branch Manager of the Southern Region. Tanski has worked for Tattersall Lorenz since 2017, most recently as team leader in the Stuttgart branch. In her new position, as head of a 7-member team she is responsible for supporting Tat...
Thursday, 21. February 2019

Cederquist appoints Henrik Wållgren as Counsel

Cederquist has appointed Henrik Wållgren as Counsel. “Henrik possesses expertise within capital markets law and have shown a great commitment to both our firm and our clients. In his new role, he will in even greater extent than before contribute to strengthen Cederquist’s offer within Public M&A and Equity Capital Markets, a...
Wednesday, 20. February 2019

Aprirose appoints Philip Gardner as Commercial Director of new hotel management platform

Aprirose has strengthened its team with the appointment of Philip Gardner as Commercial Director to oversee its hotel management platform’s sales, marketing and revenue disciplines. Gardner joins Aprirose from Intercontinental Hotel Group (IHG) Europe where he was the Vice President leading the revenue management team. Prior ...
Wednesday, 20. February 2019

Long Harbour strengthens investment team with new appointment

Long Harbour has further strengthened its growing team with a new appointment. The real estate and asset backed investment manager has appointed Gerald Templer as Investment Manager. In his new position, he will play a key role in supporting the fund raising and project management of the company’s flagship developments. Templ...
Wednesday, 20. February 2019

BF.direkt AG appoints Manuel Köppel to its board of directors

BF.direkt AG expanded its board of directors. The company has appointed Manuel Köppel (39) to the board of directors, the company announced at its annual general meeting on 19 February 2019. Köppel joins former sole member of the board of directors and founder of the company Francesco Fedele (54).
Wednesday, 20. February 2019

UK Investment Volumes Above Long Term Average Despite Uncertainty in 2018

Around £13bn of UK commercial real estate assets were traded in the final quarter of 2018 taking the full year investment total to £55.8bn – ahead of the long-term average, according to Cushman & Wakefield. While the full year investment total represented an 18% reduction on 2017 and the quarterly total of £12.8bn was down 43...
Tuesday, 19. February 2019

Aareal Bank plant to cut the dividend

The Management Board of the Aareal Bank plans to propose a dividend in the amount of €2.10 per share for the 2018 financial year to the Annual General Meeting. Based on preliminary unaudited results for the 2018 financial year, the Management Board of Aareal Bank at its meeting today resolved to consider a dividend payment pr...
Tuesday, 19. February 2019

Patrizia reports strong growth in 2018

Patrizia Immobilien AG recorded an operating income of € 141.4m in 2018, a 72.1% increase on the 2017 level of € 82.2m. Major drivers for the strong results were organic and inorganic growth generated throughout 2018 with a strong increase in management fees (up 88.1% YOY to € 175.3m), stable transaction fees (€ 52.4m) and ve...
Tuesday, 19. February 2019

Godewind refinances three assets in Frankfurt, Dusseldorf and Hamburg

Godewind Immobilien AG has signed its first new €82 million loan agreement for three assets of its office real estate portfolio. The loan has a total term of five years and serves to refinance the properties ComConCenter in Frankfurt, Airport Business-Center in Dusseldorf and Pentahof in Hamburg, which were acquired at a gros...
Tuesday, 19. February 2019

Eyemaxx records substantially higher profit

Eyemaxx Real Estate AG significantly increased its profit in fiscal year 2017/2018 (1 November 2017 to 31 October 2018) compared to the previous year. The company is also confident about the future and expects a further increase in earnings for the current 2018/2019 fiscal year.
Tuesday, 19. February 2019

Real I.S. hits transaction volume of €1.5 billion

With a transaction volume of nearly €1.5 billion in 2018, Real I.S. AG exceeded its previous year's result by approximately €200 million. Approximately €1.05 billion were accounted for by acquisitions and around €430 million by sales. In 2018, the rental performance of the asset management team totalled 160,000 square metres....
Monday, 18. February 2019

JLL loses Christoph Härle

Christoph Härle (52) is leaving JLL after nearly 25 years. This was announced today by the real estate service provider. His leave is at his own request by the means of a mutual agreement. He will part ways with JLL on 28 February 2019, in order to devote himself to new entrepreneurial activities.
Monday, 18. February 2019

Claus P. Thomas starts at BNP Paribas REIM

Claus P. Thomas has been working as the CEO of BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Germany since the beginning of this month. Thomas has extensive experience in handling the investment management activities of German-speaking clients and has previously spent many years working for a multinational ...
Monday, 18. February 2019

Multi appoints new Managing Director Multi Netherlands and Belgium

Multi Corporation to announce the appointment of Hubert Stech as the new Managing Director of Multi Netherlands and Belgium, effective 1 March 2019. Mr Stech will assume the responsibilities for the Netherlands and Belgium in addition to his role as Managing Director of Multi Germany. He will succeed Françoise Dechesne, who h...
Monday, 18. February 2019