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» Chronological View: " Germany " «

DekaBank provides financing for an office asset in Munich

DekaBank has arranged an acquisition loan to Next Estate Income Fund II (NEIF II) in order to purchase an office building in Munich. The fund is managed by BNP Paribas REIM. The office building, which is known as the H20 (Moosacher Strasse 84-88), is located in the Moosach area. It comprises a newly-built office building exte...
Monday, 24. April 2017
Commerz Real buys shopping centre in Mülheim for HausInvest

Commerz Real buys shopping centre in Mülheim for HausInvest

Commerz Real has acquired the inner-city shopping centre “Forum City Mülheim” with a total area of approx. 47,300 square metres for its open-ended real estate fund HausInvest. The seller is a special purpose vehicle administered by JP Morgan Asset Management, a subsidiary of the US investment bank JP Morgen Chase. It was agre...
Friday, 21. April 2017

NAI apollo group secures Eismann as new tenant for logistics property in Griesheim

NAI apollo group advised Eismann Tiefkühl-Heimservice GmbH on the leasing of a 1,250-sqm warehouse, cold storage and office premises in Griesheim near Darmstadt. The new tenant is a frozen goods specialist and the landlord is Gewerbepark Kirschberg GbR. The new, optimised facility at 2, Daniel-Müller-Str. in Griesheim, is con...
Friday, 21. April 2017

Apleona bundles consulting and management services for real-estate projects

Apleona is bundling its portfolio of technical consulting services for real-estate properties and real-estate projects in Germany and Austria. To this end, Apleona Bauperformance, formerly Bilfinger Bauperformance, and the building advisory and project management unit from Apleona GVA were merged with effect from March 1, 201...
Friday, 21. April 2017
Rent24 opens Flagship Coworking Space in Berlin-Mitte

Rent24 opens Flagship Coworking Space in Berlin-Mitte

The coworking and coliving provider Rent24 opens a new location on more than 7,200 square meters at Berlin's Gendarmenmarkt this summer. Open working areas as well as individual offices, event spaces and lounge areas will describe the coworking space across the complete building on six floors in the Oberwallstrasse 6. „The re...
Thursday, 20. April 2017

Pradera appoints BNP Paribas Real Estate to manage its retail parks and shopping centers

BNP Paribas Real Estate has been selected to provide property management services in 8 countries on behalf of Pradera. BNP Paribas Real Estate will take over the property management of 25 properties that include Ikea among the key retailers, along with other major national and international brands. Pradera will act as asset m...
Thursday, 20. April 2017

German Tech Entrepreneurship Center is expanding to Frankfurt

The German Tech Entrepreneurship Center (GTEC) is coming to the office complex Junghof in Frankfurt (Main). The expansion was made possible with the help of GTEC Partner Union Investment. The current internationality of GTEC will continue in the “Main-Metropolis”, helping the growing Frankfurt startup scene to flourish alongs...
Wednesday, 19. April 2017

Motel One opens flagship in the heart of Berlin’s City West area

Motel One is opening a new hotel: Motel One Berlin-Upper West will be the group’s ninth hotel in the German capital. The hotel’s ideal location in the west of Berlin, right by the Kaiser Wilhelm Memorial Church. The hotel has 582 rooms and occupies 19 floors of the new Upper West building. The highlight is the One Lounge, sit...
Wednesday, 19. April 2017
Goodman continues to expand in the Port of Hamburg with new flexible logistics centre

Goodman continues to expand in the Port of Hamburg with new flexible logistics centre

Goodman is continuing its expansion course in the Port of Hamburg: the property group is planning a 35,000 sqm logistics centre in the southern Port of Hamburg. Flexible units from approx. 5,000 sqm will be available there from the start of 2018.The new logistics centre is the third project for the integrated property group i...
Tuesday, 18. April 2017

Internos extends 5,600 sq m leases with Kaufland and Tedi

Internos Global Investors, acting as the asset manager of the „Degernpoint M1“ retail warehouse centre in Moosburg an der Isar, has agreed an early long-term extension of the lease to Kaufland. The property belongs to the French Fund Novapierre Allemagne SCPI, which is managed by PAREF Gestion, for which Internos acts as the ...
Thursday, 13. April 2017
Cording buys 10 office properties from DIC Asset AG for €143 million

Cording buys 10 office properties from DIC Asset AG for €143 million

Cording Real Estate Group, acting upon instructions from a joint venture between the Danish fund manager, Sparinvest Property Investors, and Esas Properties, a group company of Esas Holding of Turkey, has acquired a portfolio of German office properties. The vendor of the package of properties, which changed hands for around ...
Thursday, 13. April 2017
Amundi Real Estate acquires Rocket Tower in Berlin

Amundi Real Estate acquires Rocket Tower in Berlin

The office building „Rocket Tower“, Charlottenstrasse 4 has a new owner. An open-ended fund, managed by Amundi Real Estate, an Amundi Group subsidiary specialized in real estate, acquired the property from a fund managed by JP Morgan Asset Management. They were supported by L'Etoile Properties. BNP Paribas Real Estate advised...
Thursday, 13. April 2017

Residential property portfolio market makes stronger start to 2017 compared with 2016

According to a study by NAI apollo real estate – a partner of the NAI apollo group – the market for residential portfolio transactions in Germany made a better start to 2017 compared with 2016, with sales reaching around €3.7 billion (Q1 2016: €2.2 billion). “Thus the transaction volume was 70 % above the previous year’s leve...
Thursday, 13. April 2017

Realogis brokers two lease contracts for 3,700 sqm in Krefeld

Realogis has negotiated two lease contracts in the Krefeld Linn business park. Kahlberg Zaun GmbH has decided for an almost 2,500-sqm unit (2,320 sqm storage and 170 sqm office space) at 60, Kreuzweg. The international production and retail company, which specialises in building products such as doors, fences, railings and no...
Thursday, 13. April 2017
Hon.-Prof. Andreas Steyer leaves DEMIRE AG

Hon.-Prof. Andreas Steyer leaves DEMIRE AG

Hon. Prof. Andreas Steyer will resign from the Executive Board of DEMIRE Deutsche Mittelstand Real Estate AG effective June 30, 2017 to pursue new professional challenges. Andreas Steyer has been a member of the Executive Board of DEMIRE and predecessor company Magnat Real Estate since March 2013 and has been the Speaker of t...
Wednesday, 12. April 2017

Hamborner REIT acquires two retail properties

Hamborner REIT AG is reporting further growth in its portfolio as at the end of the first quarter of 2017. Ownership of two large-scale retail properties has been transferred to Hamborner - „Market Oberfranken“ in Hallstadt/Bamberg and „Kaufland“ in Berlin-Marzahn.
Wednesday, 12. April 2017