Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

» Chronological View: " Germany " «

Sirius sells Dusseldorf asset for €11m

Sirius Real Estate has notarised the sale of its business park in Wiesenstrasse, Dusseldorf for €11 million. The Dusseldorf asset has been fully developed under the Sirius brand and with occupancy now at 96.2% is considered a mature asset within the Company's portfolio. It intended that the proceeds of the sale be recycled in...
Monday, 27. March 2017
Carola Obermöller appointed as new Managing Director  at Redos

Carola Obermöller appointed as new Managing Director at Redos

The Hamburg-based Redos Group has expanded its management team with Carola Obermöller (50) acting as Managing Director of Redos Invest Management GmbH since 1 March. “Carola Obermöller brings along more than 20 years of professional experience in the field of retail property investment and development. With her we have gained...
Friday, 24. March 2017

Adler Real Estate reaches all targets

Adler Real Estate AG sccessfully reached or outperformed all of its financial targets guided for the financial year 2016. Both operating results and net asset value increased strongly, while significantly improving the Group's financial structure and significantly lowering its LTV ratio during the same period. For 2017, the c...
Friday, 24. March 2017
Goodman realizes distribution center for Knorr Bremse

Goodman realizes distribution center for Knorr Bremse

Goodman Group developes a 17,000 sqm logistics centre in the Berlin East Freienbrink Freight Village for GLX Global Logistics Services GmbH. Of this, the logistics service provider is initially managing 12,000 sqm for GLX’s customer Knorr-Bremse, the world’s leading manufacturer of braking systems for rail and commercial vehi...
Friday, 24. March 2017

Deka Immobilien leases large area in the Hamburg Fleethof property

Deka Immobilien GmbH has extended a lease agreement for close to 5,600 m² of space with CMS Hasche Sigle, Hamburg. The international law firm, which has been located in the Fleethof since 1996, expanded its lease by around 1,700 m² to around 7,300 m² at the same time. The prestigious office building was built in 1993 in Hanse...
Friday, 24. March 2017

Standard Life Investments secures WeWork for Hamburg

The Standard Life Investments European Real Estate Club L.P II (Euro Club II), has leased 7,800 sq m (83,958 sq ft) of office space in Hanse Forum in Hamburg to co-working and shared office space specialist, WeWork.
Friday, 24. March 2017

Peach Property records profit

According to the final figures for the financial year 2016, Peach Property Group has gained a rise in profit after tax of CHF 10,4 million, following only CHF 1,2 million in the year before. Also for 2017, the company plans to stay on the growth path.
Thursday, 23. March 2017

Despite the strike, growth continues at Berlin's airports

In the first two months of 2017, over 4.5 million passengers flew from Schönefeld and Tegel. That is 8% more than in the same period in 2016. At Schönefeld Airport the number of passengers grew by as much as 16.1% compared to the previous year. The current traffic report contains the figures for passengers, flights and air ca...
Thursday, 23. March 2017

Round Hill Capital acquires residential portfolio with 114 units in Hamburg

Round Hill Capital announces that funds advised by Round Hill have completed the acquisition of a residential portfolio with 114 units in Hamburg. This is the first transaction focused on the acquisition of residential portfolios in 15 leading greater metropolitan areas in Germany, which exhibit strong macro fundamentals, fav...
Thursday, 23. March 2017

CLS Holdings disposes of the E.ON Allee office campus in Landshut

CLS Holdings has exchanged contracts to sell the E.ON Allee office campus in Landshut, 80km north east of Munich, for €30.2 million to European Commercial Real Estate Limited. The sale represents an uplift of €1.5 million, or 5.2%, over the external valuation at 31 December 2016. The campus comprises four office properties, p...
Thursday, 23. March 2017

CLS Holdings acquires Network Perlach property in Munich

CLS Holdings has exchanged contracts to acquire a multi-let office property in Perlach, in the south-east of Munich for €15.3 million. Network Perlach, Unterhachinger Strasse 75, Munich, comprises 9,449 sqm (101,708 sq ft) of office space which, with an occupancy rate of 88%, currently generates a rental income of €821,000 pe...
Thursday, 23. March 2017

Capital Bay reaches a transaction volume of €1.4 billion in 2016

Capital Bay is looking back at the first financial year. Established by George Salden with four employees at the end of March 2016, the full-service investment company achieved a transaction volume of approximately €1.4 billion last year. The biggest deals included the purchase of 862 apartments in Merseburg, 577 residential ...
Thursday, 23. March 2017

Deutsche Hypo with significant rise in new Business

Accounting for 62.4 % of new business volume (2015: 60.1 %), new business continued to be focused in Germany. Domestic commitment volume amounted to €2,832 million (2015: €2,449 million). The lion's share of new business outside of Germany was registered in UK with €749 million (2015: €730 million), followed by the Benelux re...
Thursday, 23. March 2017

Tishman Speyer welcomes WeWork and Juwelier Friedrich to Junghof

Tishman Speyer announced two significant leasing agreements for the centrally-located Junghof on Neue Rothofstrasse in Frankfurt am Main. Situated in the heart of Frankfurt’s financial district, the iconic 257,257-square-foot eight-story office was designed by Schneider+Schumacher. Bounded by Junghofstrasse, Neue Mainzer Stra...
Thursday, 23. March 2017

AXA IM - Real Assets completes acquisition of Abba Hotel in Berlin

AXA Investment Managers - Real Assets has completed the acquisition, on behalf of one of its clients, of the Abba Hotel in Berlin. The transaction has been structured as a sale and leaseback agreement with Abba Hotels, a Spanish-headquartered owner, operator and developer of hotels, who has committed to continue running the a...
Wednesday, 22. March 2017

Deutsche Wohnen increases dividend by 37 %

For 2016, the second largest housing company in Germany, Deutsche Wohnen AG, has achieved a good financial result. Due to the positive market development, the portfolio has been increased by € 2.7 million. The operative result FFO increased by 26 % to a total of € 384 million. For the current year, another plus of around 10 %...
Wednesday, 22. March 2017

WCM increases result significantly

SDAX listed WCM Beteiligungs- und Grundbesitz-AG publishes its preliminary year-end results for 2016 and according to this achieved an operating result FFO of € 18.0 million, thus confirming its guidance and more than doubling the previous year’s result. As a result WCM is optimistic for 2017 and expects another increase of f...
Wednesday, 22. March 2017