» Chronological View: " Germany " «

Following an accelerated book building process on 19 October 2017, Aroundtown SA will increase the company's total share capital from €8,726,064.20 by €750,000 to €9,476,064.20 through the issue of 75 million shares. The offer price per new share was fixed at €6, resulting in €450 million gross proceeds. The new shares were p...

In the Hamburg neighbourhood Eppendorf, Novum Hospitality is planning a new hotel of the millennial brand Niu. The Niu Bricks in Eppendorf will be the third Niu in Hamburg, after the Niu Keg in Wandsbek and the Niu Rough in Horn. Together with the S&P Commercial Development GmbH – a Sontowski & Partner Group company – the Ham...

AEW and Natixis Asset Management have completed a third closing for the pan-European debt fund, SELF II, increasing the fund's capacity to more than €500 million. The new equity has been committed by institutional investors from France, Germany and Italy. The total amount raised by the debt platform, since its inception in 20...

Deutsche AM has completed the sales announced in July. The company has acquired a 90% share of Neukölln Arcaden, a dominant shopping centre in Berlin’s popular Neukölln district, from Tristan , and a 100% share in a mixed-use property in the eleventh district of Paris. Both investments were made on behalf of a €300m European ...

Corestate Capital Holding S.A. has acquired one of Colognes landmarks, former headquarter of perfume brand 4711, to realize an apartment hotel project with a projected market value after realisation of approximately €60m. The re-development asset, located in the very dynamic district of Ehrenfeld, benefits from direct access ...

A bitter blow for Strabag PFS: After ten years, Deutsche Telekom, a long-standing customer, is breaking new ground. Starting July 2019, ISS will deliver Integrated Facility Services to Deutsche Telekom at approximately 9,000 sites across Germany until 2029. Once fully operational, the partnership will become the largest contr...

Edmond de Rothschild (Suisse) S.A. has agreed to enter into a strategic alliance with Cording Real Estate Group to create a comprehensive European investment management business. Edmond de Rothschild (Suisse) S.A., via its affiliate OROX Europe, has agreed to acquire a majority stake in Cording Real Estate Group, a German, UK...

Vonovia SE, Germany’s largest real estate company, and the SNI Group, a unit of France’s Caisse des Depots agreed to look at opportunities for cross-border investment in the residential property market.

Patrizia Immobilien AG has launched its eighth Patrizia Insight study on the European Residential Markets which for the first time includes a major new European City Ranking – a matrix which combines long-term attractiveness indicators alongside liquidity within 119 European cities in order to assist investors optimally diver...

In H1 2017, Germany overtook the UK as the most active country for investment in commercial real estate in Europe, although the UK fought back in Q3 and Spain is becoming increasingly attractive according to a new report from Colliers International.

The Redos Group is expanding its Management Board with the appointment of Frank Eckervogt. As new Managing Director / Head of Acquisition, Eckervogt (48) is responsible for the subsidiary redos institutional GmbH alongside Torsten C. Wesch (Managing Director / Head of Fund Management) and Carsten Wimmer (Managing Director / H...

The German logistics industry is booming like never before. Demand for logistics real estate keeps rising, with building activity and investments predicted to reach peak levels in the ongoing year of 2017. At this point, the investment total already exceeds the year-end figure of banner year 2016. One of the key drivers of th...

Zeiss will invest over €300 million in a new integrated high-tech site. The world’s technology leader in the optics and optoelectronics industries unveiled its plan today in Jena. In line with this plan, Zeiss will bring together its existing sites in Jena by 2023. To do this, Zeiss will acquire partially unused premises from...

Cushman & Wakefield has recruited a second Director from CBRE Hotels, Brien Giuntini, as a Partner in its EMEA Hospitality team. The appointment of Giuntini, who will start at Cushman & Wakefield in mid-October, follows Rob Seabrook's resignation from CBRE's Hotels Capital Markets team as an Executive Director in August. Seab...

Commerz Real reports that HighLight Towers in Munich, which was acquired at the end of 2016 , is now fully leased. The tenant for the final remaining 1,148 square metres from a total of approx. 71,600 square metres of office space is the state-owned real estate management company Immobilien Freistaat Bayern, a corporation und...

EQT Real Estate I has acquired two multi-let office assets in Frankfurt and Neu-Isenburg. The assets form part of the pan-German portfolio Project Mars, acquired by Eurocastle from DWS in 2007, and represents the fund's fifth investment to date and second in Germany. HSH Nordbank is making available € 79 million for the purch...

GxP German Properties has closed the acquisitions of the two office assets in Frankfurt and Hamm with a combined market value of € 29.8 million and a total lettable area of approx. 17,200 square meters . The current total market value of its real estate portfolio stands at approx. € 164 million thereof € 146 million currently...

A further change in personnel at Allianz Real Estate. Allianz Real Estate announced today that Dr. Hauke Brede is to step down as member of the Executive Committee and Chief Risk Officer after seven years of leading the Risk Management function. He will leave the company to pursue the next step in his career on December 31, 2...