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Germany

Adler completes project sales in the amount of €218m

Following the successful agreement with major bondholders and securing financing until mid-2025, Adler Group S.A. today reports „a continued robust operating performance of its existing portfolio“ in the first nine months of 2022. This period also includes the completed sales of the projects „Ostend Quartier“, „Westend Ensemb...
Tuesday, 29. November 2022

BNP Paribas REIM acquires Honeycamp in Mannheim

BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Germany completed the acquisition on October 1st, on behalf of one of its funds, of the Honeycamp Cocrafting property in Mannheim from developer Honeycamp Group.
Monday, 28. November 2022

DIC Asset concentrates its logistics business in VIB Vermögen

DIC Asset AG has increased its majority stake in the public limited company VIB Vermögen AG to around 68% and has thereby further expanded its influence over the company. DIC is now pooling its entire logistics activities in VIB, which will act as logistics real estate arm of the DIC Asset Group (DIC Asset AG and its subsidia...
Monday, 28. November 2022

ID Logistics sells first German logistics warehouse to Patrizia

French ID Logistics is finally moving ahead with its logistics real estate development in the trimodal inland port of Germersheim, Rhineland-Palatinate. The company is developing 23,000 sqm of logistics space on a former brownfield. Before construction starts investment manager Patrizia has acquired the building through a fo...
Monday, 28. November 2022

NREP makes first real estate investment in Germany

NREP announces the continued extension of its impact into Northern European countries following its first real estate investment in Germany and the establishment of a dedicated team of eight initial employees. Two offices have been opened, in Frankfurt and Munich, completing the existing on-the-ground presence consisting of t...
Friday, 25. November 2022

Panattoni to build logistics park near Tesla Gigafactory

Panattoni is developing a new building in Grünheide, Brandenburg, with a direct connection to the Gigafactory Berlin-Brandenburg of the international car manufacturer Tesla. Potential user requirements from the automotive and supplier sector have already been taken into account during construction of the modern and sustainabl...
Friday, 25. November 2022

Garbe to invest €33 million in Lüneburg

Garbe Industrial Real Estate GmbH is continuing to expand its portfolio of logistics centres in the Hamburg metropolitan region. To this end, the Hamburg-based project developer has purchased a plot of land in Lüneburg that is around 33,000 m² in size and ready for construction. A logistics property with a total area of appro...
Wednesday, 23. November 2022

Aroundtown signs long-term lease in Rostock

With the conclusion of a lease agreement with gfg Gesellschaft für Gesundheitsfachberufe gGmbH (gfg) for almost 1,700 m², Aroundtown has succeeded in concluding a direct follow-up lease in the center of Rostock. This means that the property is almost fully let in the long term.
Wednesday, 23. November 2022

Panattoni starts new speculative project in Rheine

Panattoni is developing a new multi-functional premises suitable for production and logistics activities in Rheine, North Rhine-Westphalia. The modern Panattoni Park is being built in line with strict sustainability standards on an established industrial estate in the north of Rheine. It enjoys excellent transport connections...
Wednesday, 23. November 2022

Henderson Park acquires majority stake in GBI

The Moses Mendelssohn Foundation has sold its majority stake in GBI Holding. The new majority shareholder is the British fund manager Henderson Park, which has realized several major transactions on the German market in the last three years and is now celebrating a successful start on the residential market with the GBI entry...
Wednesday, 23. November 2022

HIH acquires office development in Freiburg from Strabag

HIH Invest Real Estate acquired the Milestone 5c office development in a central location of Freiburg. The property, under development by Strabag Real Estate, is scheduled to be completed by the second quarter of 2023.
Tuesday, 22. November 2022

International Campus buys The Fizz Bremen

International Campus has acquired the student apartment building The Fizz in Bremen. The building has been operated by IC since 2012 and served as pilot project for the The Fizz brand.
Tuesday, 22. November 2022

Savills IM buys Panattoni Park Bremen South

Savills IM has secured the fully leased logistics park „Panattoni Park Bremen South“ from Panattoni. This is the first investment in Germany on behalf of the pan-European logistics fund ELF 3. The 67,000 sqm logistics property is fully let to BLG Handelslogistik since completion in 2021 .
Monday, 21. November 2022